A. The developer submits an application for a deferral of the development impact fee(s) to the Development Services Director prior to issuance of any building permit for the development project.

B. The application for the fee deferral shall state in detail the factual basis for the deferral sufficient to allow the City to evaluate the application to determine if the project qualifies for deferral based on its location, public benefit and need.

C. Based on the evidence presented in the application for deferral and any additional evidence provided at the hearing on the deferral, the City Council makes the findings identified in CVMC 3.56.010 and, in its sole discretion, approves the deferral.

D. Concurrently with the approval of the deferral, the City Council approves a development fee deferral agreement consistent with the requirements of CVMC 3.56.040.

E. The developer and property owner execute a development fee deferral agreement, the form and content of which is approved by the City Attorney. (Ord. 3344 § 1, 2015).