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Ordinance No. 1765 <br />Page 7 <br /> Exhibit "B" <br /> <br /> Chapter 3.26 <br /> <br /> Traffic Development Fee <br /> <br />Sections: <br />3.26.010 Purpose <br />3.26.020 Terms and Definitions <br />3.26.030 Applicability <br />3.26.040 Rate of Fee <br />3.26.050 Amount of Fee <br />3.26.060 Payment of Fee <br />3.26.070 Credits <br />3.26.080 Reimbursements <br />3.26.090 Exemptions <br />3.26.100 Use of Funds <br />3.26.110 Refunds <br />3.26.120 Appeals <br />3.26.130 Expiration of Fee <br />3.26.140 Supplementary provisions <br />3.26.150 Severability <br /> <br />3.26.010 Purpose <br /> <br /> City Council finds that the cumulative impact of all new development under the <br />General Plan will result in adverse impacts to traffic circulation. To prevent these <br />undesirable consequences, traffic improvements must be provided at a rate which will <br />accommodate the expected growth in the City. The City Council acknowledges that the <br />demand for traffic improvements is shared by existing as well as new development. The <br />proposed Traffic Development Fee apportions the cost of the necessary traffic <br />improvements and reconstruction among the different categories of new and existing <br />users according to the reasonably estimated peak hour trip demand that each group of <br />users places upon traffic improvements. <br /> <br />3.26.020 Terms and Definitions <br /> <br /> For the purposes of this Chapter, the following terms shall have the meanings <br />indicated in this section: <br /> <br /> <br />