If the payment of a fee is required, such payment shall be made to the school districts at the time the building permit is approved and issued; provided, however, the school districts may notify the City that appropriate agreements or surety arrangements have been made which defer said payment until such time as the City issues a certificate of completion for the residential development. (Ord. 1848 § 2, 1979; Ord. 1783 § 2, 1978).