3.40.110: SCHEDULE FOR CONSTRUCTION/ACQUISITION OF FACILITIES FUNDED WITH DEVELOPMENT IMPACT FEES:
   A.   The town shall have twelve (12) months from the effective date hereof to establish a schedule for the construction and/or acquisition of facilities identified in the study. Except for facilities specifically approved for construction by a developer, all facilities shall be constructed in accordance with the annual review of the fee programs and further, as specifically approved annually by the town council as part of its budget, fee review, or capital improvement plan. The requirements of this section are in addition to the requirements of the state mitigation fee act, Government Code sections 66001 and 66005. (Ord. 173, 11-10-2005)