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<br />~ Redevelopment occurs that will change the use of a building in its entirety, <br />the credit for previous use will be based on the previous most intense <br />verifiable use per system. In this case, the credit calculation will be <br />performed. independently for each system which may result in different <br />periods of the use of the site being the basis of comparison. <br /> <br />7.2.4 City Cost of Construction Credit <br /> <br />In calculating the credits given under section 7.2.1 and 7.2.2, the City Engineer <br />shall estimate the cost of the capital improvement based upon what the City would <br />pay were it to construct such improvements. <br /> <br />7.2.5 Revenue Collection for Equivalent Assessment or Special Benefit <br />Credit <br /> <br />When an equivalent assessment or a special benefit assessment is collected when <br />property connects to a public improvement for which the City has granted a credit <br />under 7.2.2 (3) above, the revenue collected (net of the costs of collection) shall be <br />deposited in the SDC fund for the system to which connection was made and for <br />which the credit was given unless the SDC fund has been reimbursed for the credit <br />from other City funds. If the SDC fund has been reimbursed in advance from other <br />City funds, the revenue collected will be deposited to the City fund which <br />reimbursed the SDC fund. <br /> <br />7.3 Revocation of Credit and Impact Reduction <br /> <br />A credit or impact reduction which has been applied to reduce SDC fees may be revoked <br />and the unpaid portion of the SDC reimposed as a lien against the property, within the time <br />required by these Methodologies, if: <br /> <br />· The associated capital improvement for which SDC credit has been given is not <br />constructed or completed as required, or fails to function as designed; or <br /> <br />· The associated reduction program for which an impact reduction has been <br />approved is not instituted or is modified without the approval of the City Engineer, <br />or ceases to function as designed. <br /> <br />Such revocation shall not occur until ten days prior written notice has been given to and an <br />opportunity to be heard afforded the applicant and property owner. If the credit or impact <br />reduction is revoked, the City Manager may add to the amount due, the cost of the <br />revocation proceedings. <br /> <br />7.4 Application for Credit and Impact Reduction <br /> <br />An application for a credit or impact reduction, including related documentation and <br />information, shall be submitted by the applicant in the manner prescribed by the City, <br />together with any fee set by the City Engineer pursuant to Eugene Code, 1971 section <br />2.020. The applicant shall have the burden of demonstrating the eligibility for a credit <br />and/or impact reduction. No credit or impact reduction shall be granted for an SDC that <br />has already been imposed, collected ,or agreed to be paid in installments unless resulting <br /> <br />City of Eugene SDc Methodologies <br />