Prior to issuance of a building permit for construction of a new dwelling unit, as defined herein, or recordation of a final map or parcel map, where applicable, a fee shall be paid to the city for the purpose of constructing park and recreation facilities. Such fees shall be composed of an acquisition fee and a development fee to be paid as follows:
A. The acquisition fee shall be paid at the time of filing (filing map approval) of final map or parcel map which is filed subsequent to city approval of a residential development as defined herein. The amount of the acquisition fee payable at the time of approval referenced herein shall be determined by multiplying the number of each type of dwelling unit planned for the parcels of the final map or parcel map times the acquisition fee for each type of dwelling unit in effect at the time of approval. Where no parcel map or final map is recorded prior to issuance of a building permit for a residential development, the acquisition fee shall be paid at the time of issuance of the building permit or permits according to the acquisition fee schedule in effect of the time of issuance of such building permit.
B. The development fee shall be paid at the time of issuance of a building permit or permits according to the development fee schedule in effect at the time of issuance of the building permit. (Prior code § 7062)