Skip to main content
Loading…
This section is included in your selections.

Whenever a Developer of a Development Project is required as a condition of approval of a Development Permit to cause a Transportation Facility to be built to accommodate the demands created by the Development Project, the City may require the Developer to install, purchase, or construct the Transportation Facility according to design specifications approved by the City, that being with such supplemental size or capacity required by the City (“Oversized Capacity Requirement”). If such an Oversized Capacity Requirement is imposed, the City shall tender to the Developer a reimbursement agreement for City-approved costs associated with the Oversized Capacity Requirement, to be paid in cash when funds are available, as determined by the City Manager. The City may, in its discretion, enter into an agreement with the Developer to issue Fee Credits in lieu of a reimbursement agreement for costs associated with the Oversized Capacity Requirement, or some combination thereof. (Ord. 3440 § 1, 2018).