(A) A system development charge shall be imposed when a change of use of a parcel or structure occurs, but credit shall be given in an amount equal to the existing system development charge as applied to the pre-existing use. The credit so computed shall not exceed the calculated system development charge. No refund shall be made on account of such credit.
(B) An improvement fee credit shall be given for the cost of a qualified public improvement associated with a development, subject to the following.
(1) Such credit shall be only for the improvement fee charged for the type of improvement being constructed, and credit for qualified public improvements under § 52.082 may be granted only for the cost of that portion of such improvement that exceeds the city’s minimum standard facility size or capacity needed to serve the particular development property or project. The applicant shall have the burden of demonstrating that a particular improvement qualifies as qualified public improvement.
(2) When the construction of a qualified public improvement gives rise to a credit amount greater than the improvement fee that would otherwise be levied against the project receiving development approval, the excess credit may be applied against improvement fees that accrue in subsequent phases of the original development project, if any.
(3) Credits shall be used within ten years from the date the credit is given.
(4) Credit shall not be transferable from one development to another or from one type of capital improvement to another.
(Prior Code, § 52.085) (Ord. 1272, passed 12-19-2012)