A. The City Council may, from time to time, authorize exceptions to the payment of the transportation impact fee required by this Chapter.
B. If the City Council determines to authorize exceptions pursuant to subsection (A) of this section, the City Council shall adopt a resolution to that effect which shall:
1. State the findings made to support the decision to authorize exceptions to the payment of the transportation impact fee required by this chapter;
2. Determine which land use categories (residential, commercial, office or industrial) to which they will authorize exceptions to the payment of the transportation impact fee required by Section 16.44.090;
3. Determine the percentage of the transportation impact fee for each land use category to which they will authorize exceptions to the payment of the transportation impact fee required by Section 16.44.090;
4. Make a budget appropriation in the general fund, or such other discretionary fund, of a dollar amount equal to the estimated revenues that would have been collected had the City Council determined not to authorize exceptions to the payment of the transportation impact fee required by Section 16.44.090;
5. Set a date upon which the resolution expires. In any event, the resolution shall expire at the end of the then current fiscal year.
C. Upon the issuance of a building permit for a land use category that has been determined to be excepted from the payment of the transportation impact fee pursuant to this section, the finance director shall transfer from the general fund, or such other discretionary fund as deemed appropriate by the City Council, to the transportation impact fee fund an amount equal to the excepted portion of the transportation impact fee.
D. The City Council may, by the adoption of a resolution, amend any exceptions or approvals granted pursuant to any resolution adopted consistent with subsection (B) of this section.
E. It is the intent of this section to provide the City Council with a tool to promote the economic development of the city, while at the same time insuring sufficient revenue in the transportation impact fee fund to fund the projects that have been identified as a result of growth and development in the community. It is not the intent of this section to exempt the feepayer from having to construct or pay for site-related improvements. (Ord. 2017-01 (part), 2017: Ord. 2008-14, 2008: prior code § 9530)