Pursuant to the authority granted by Section 65970, et seq., of the Government Code of the state of California, every subdivider, developer or person seeking rezonings, precise plan approvals, conditional use permits, planned unit developments or building permits for any residential development shall, for the purpose of providing interim school facilities reasonably benefiting and serving the residents of the regulated subdivision or property to be developed, dedicate a portion of the land or, in lieu thereof, pay a fee for each dwelling unit in the subdivision or development, or do both as required by this chapter. The dedication or payment of fees in lieu thereof shall be applicable to all residential developments of any type allowed under the various and several residential zones of the City. (Ord. 1848 § 1, 1979; Ord. 1783 § 2, 1978).