The Fees collected shall be deposited into a public facility financing fund (“the Public Facilities Development Impact Fee Fund,” or alternatively herein the “Fund”), as established by the Director of Finance and shall be expended only for the purposes identified herein.

The Director of Finance is authorized to establish a single Fund for deposit of the Fees collected for the various Public Facilities identified in this chapter and to periodically make expenditures from the Fund for the purposes set forth herein. (Ord. 3464 § 1, 2019; Ord. 3050 § 2, 2006).