3.50.050 Establishment of Fee.
A. A Public Facilities Development Impact Fee is hereby established to pay for the Public Facilities within the Territory. The Fee shall be paid no earlier than upon the issuance of Building Permits and no later than final inspection or certificate of occupancy, whichever occurs first, for each Development Project within the City of Chula Vista.
B. Notwithstanding subsection (A) of this section, the City Manager, in his or her sole discretion, may require payment of the Fees in advance of final inspection or certificate of occupancy upon the occurrence of any of the following events:
1. The change of ownership of the Development Project, or any portion or portions thereof;
2. Upon the Finance Director’s determination that the Fees are necessary based on the adopted Facilities program in accordance with California Government Code Section 66007(b)(1);
3. Upon determination of the Finance Director that there exists a risk associated with the collection of the Fees at a date later than permit issuance;
4. Upon entering into an agreement to prepay all or a portion of a Development Project’s Fees. Entering into such an agreement shall be solely at the City Manager’s discretion and shall require a minimum prepayment of $5,000,000. (Ord. 3464 § 1, 2019; Ord. 3050 § 2, 2006).