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7.5.2 Application for Credit Based on Construction of Public Improvements <br />For credits derived from the construction of public improvements, the property owner(s) will <br />be notified in writing about potential credit availability, subsequent to the approval and <br />bonding of the construction plans. The property owner(s) will have 60 days from the date of <br />written notification to submit the SDC Credit Application and complete the approval process. <br />Applications that include disbursement instructions for ineligible lots or which contain <br />requests in conflict with City code, state law, or current City policies/practices will be <br />considered incomplete applications. <br />7.5.3 Credit Distribution in the Absence of Directions from an Approved SDC Credit <br />Application <br />With the exception of cases where the recovery of credit through an equivalent assessment <br />is uncertain, if the owner does not comply with the requirements of section 7.5.2, the credit <br />will be distributed by the "equal lot' method. All eligible lots or building sites will be identified, <br />and the credit will be distributed in an equal amount to each of these eligible lots or building <br />sites. Credit applied under this policy will not be eligible to be appealed. Development for <br />which a building permit is issued prior to administration of credit disbursal or approval by the <br />City Engineer will not be considered eligible for credit distribution. <br />7.5.4 Changes to an Approved Credit Application <br />Whether established by the City using the "equal lot" method or by the property <br />owner(s)/applicant(s), any modifications to the distribution of credits will require a new <br />completed application, must be approved by the City Engineer, and will be effective only <br />upon approval by the City Engineer of the revised credit application. The revised distribution <br />will apply only to the remaining credit balances and undeveloped lots or building sites to <br />which the credit originally applied. <br />7.6 Decision on Application for Credit <br />The City Engineer shall approve, conditionally approve, or deny an application in writing, setting forth <br />the reason for the decision. Such a decision shall be mailed or personally delivered to the applicant. <br />7.7 Credit and Impact Reduction Duration <br />Credits for qualified public improvements, capital improvements, and multiple -unit housing capital <br />improvements granted under this methodology document may be applied to SDC fees for a <br />development up to a maximum of 10 years from the date of the original written notification. <br />Impact reductions granted under this methodology document may be applied to SDC fees for a <br />development until such time as the program or improvements no longer continue to provide the <br />anticipated reduction in demand and the City has determined that assurances or agreements from <br />the developer, owner, or owners successors, are no longer adequate to ensure that the program or <br />facility will continue to function as planned for the agreed upon time period. <br />City of Eugene SDC Methodologies - General Methodology <br />Page 14 <br />