Ordinance No. 19745 - Laserfiche WebLink

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7.281 Development Charge - Payment. ~1} A development ch~~arge under section 1,277 and 7.279 of this Code is due and payable upon issuance of a building permit for the development or upon issuance of a permit for connecting the development to the sewer system of the city.. Except for the charge required in subsection 7.2176}, ~f the charge is paid ~n full when the permit is issued, the charge shall be discounted three percent ~3/}. ~2} As an alternative method of payment far a level opment charge of $200.00 or more, the permittee may enter into a written agreement with the city to pay the charge in semi-annual installments. Except for the final ~ nstal 1 ment, each ~ nstal l ment, including interest on the unpaid balance accruing at the rate authorized under section 2.022 of this code, shall be at least $60.00. However, the minimum required payment shall be sufficient to pay the charge and accrued interest, when amortized on alevel-payment basis, in 10 years. Ynterest accrues from the first day of the month after the permit for the development is issued. Payment of the interest is due six months after the date interest begins to accrue and every six months thereafter. The charge becomes delinquent upon failure to make a payment within 9D days after becoming due. a ~~3} The unpaid portion of the development charge including accrued interest ~s a personal obl~gat~on of the permittee and shall be secured by property, bond, deposits, letter of credit ar other security acceptable to the city manager or the manager's designee. ~4} The charge for a development commenced without a valid permit is due and payable on the earliest date that the permit is required under this code. , ~5} The finance officer may collect the charge by legal action in the name of the city in a court of competent jurisdiction. 7.283 Develo ment Char e - Exem tions from Buildin Permits. When devel- opment occurs on land for which no building permit is required, the developer shall pay a charge computed under sections 7.217 and 1.279 of this code. The developer shall notify the public works department before the development i s commenced that no bui 1 di ng permit wi 11 be applied far. The charge shall be paid before commencement of the development or as provided ~n sect~an l.2Sl. The development shall not be served by a sewerage or drainage facility of the city until the charge is paid. 1.285 Development Charge - U,se of Proceeds. Proceeds from charges ~m osed and collected under se~~~~ ' ctians 1.271 to 1.283 shall be iden- P tified in the accounts of the city separately from other city funds and shall be expended only for increasing and improving the capacity of the public thoroughfares, increasing and improving the capacity of the sanitary sewer system, increasing and improving the drainage system that serves the city, for paying debt incurred to increase and improve such facilities, and for defraying administrative costs of collecting the charge. Section 2. The City Recorder, at the request of, or with the concurrence of the City Attorney, is authorized to administratively correct any reference flrdi Hance - 5