15.50.090 Action by City Council.
After the public hearing, the City Council may, in its sole discretion, direct that a reimbursement agreement with the developer and/or the City be prepared containing such provisions as the Council deems to be necessary, desirable and equitable. The provisions may include the following conditions:
A. Collection from other persons including public agencies using such improvements for the benefit of real property not within the subdivision or development area of a reasonable charge for such use;
B. A requirement for a contribution to the developer and/or the City for that part of the cost of the improvements that benefit real property outside of the development area or the subdivision and levy a charge upon such real property so benefited as a reimbursement for such costs plus simple interest thereon at seven percent per year to be paid to the developer and/or the City;
C. Establish and maintain reimbursement districts for the levy and collection of such charge or costs from the property benefited.
Once the allocation of the cost has been approved by a resolution of the Council of the City, it shall constitute a statement of charges due from the owners and their successors, heirs or assigns of the various parcels of property as their share of the public improvements. The Director of Public Works shall respread the assessment after final costs have been calculated and shall cause the resolution to be appropriately modified prior to its recordation.
The City Clerk shall record a copy of the Council resolution with the county recorder. The resolution shall include the ownership of record, the legal description, and the amount of charges for each lot or parcel within the district.
The reimbursement shall be collectable by the City at either the time the property is to be subdivided or upon a request for a building permit for development of the property. (Ord. 1764 § 1, 1977).