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3.26.090 <br />ued at $10,000,000.00 and is entitled to a $5,000,000.00 <br />reimbursement. Developer's reimbursement amount is <br />10 percent of the cost of all improvements, so developer <br />is entitled to 10 percent of the traffic development fees <br />collected each year, irrespective of whether the value of <br />the total traffic improvements increases or decreases in <br />subsequent years (e.g., if $5,000,000.00 in traffic fees <br />are collected in year two, the developer is entitled to 10 <br />percent or $500,000.00, and interest accrues on the re- <br />maining $4,500,000.00). Developer should receive full <br />reimbursement, with interest, upon build -out, subject to <br />adjustments as provided in subsection (C)(4) of this sec- <br />tion. <br />4. In the event that the amount to be reim- <br />bursed to developers pursuant to this section, or pursu- <br />ant to a development or other agreement, exceeds the <br />amount of traffic development fees received by the city <br />in the preceding calendar year, the city council shall take <br />action to apportion the available fee revenue to develop- <br />ers entitled to reimbursement pursuant to this section in <br />a manner which the council determines is reasonable for <br />that calendar year. <br />5. The city council may elect, in its absolute <br />discretion, to provide reimbursement at a faster rate than <br />provided in this section, based upon fees collected and <br />available. <br />6. The reimbursement shall be paid one time <br />each calendar year. <br />7. The right to reimbursement shall not run <br />with the land, but shall be personal to the developer. The <br />developer may assign his or her right to reimbursement <br />to another by filing a written notarized assignment with <br />the city clerk. It is the developer's or assignee's respon- <br />sibility to keep the city clerk advised of a current ad- <br />dress. If the city cannot locate a developer or assignee to <br />send a reimbursement payment after reasonable dili- <br />gence, the amount of the reimbursement for that year is <br />forfeited, and the unclaimed funds shall be returned to <br />the traffic development fee fund. (Ord. 2000 § 1, 2009; <br />Ord. 1765 § 2, 1998) <br />3.26.090 Exemptions. <br />Unless a development or other agreement provides <br />otherwise, the following projects shall be exempt, in <br />whole or in part, from the traffic development fee oth- <br />erwise required by this chapter: <br />A. Residential development consisting of the <br />repair or replacement, on a one -to -one basis, of dwelling <br />units; <br />13. Commercial or industrial /warehouse devel- <br />opment consisting of the repair or replacement of struc- <br />tures, provided, that such repair or replacement does not <br />(Pleasanton Supp. No. 3, 1-10) <br />84 <br />result in any conversion or change in land use which <br />increases the peak hour trip rate applicable to the previ- <br />ous structure, or any enlargement of gross floor area <br />beyond that of the previous structure. <br />C. Additions, extensions or enlargements of an <br />existing commercial, office /retail, or light indus- <br />trial /warehouse structure which, in any calendar year, do <br />not increase the gross floor area of the structure by 200 <br />square feet or more. (Ord. 1765 § 2, 1998) <br />3.26.100 Use of funds. <br />The fees paid pursuant to the provisions of this <br />chapter shall, except for temporary investments, be <br />placed in a separate fund in a manner to avoid commin- <br />gling of the fees with other revenues or funds of the city, <br />and shall be used solely for the purpose of acquiring and <br />constructing the traffic improvements identified by the <br />city council. Any interest income earned on the fund <br />shall also be deposited therein and shall only be ex- <br />pended for the purposes set forth in this section. (Ord. <br />1765 § 2, 1998) <br />3.26.110 Refunds. <br />Refunds may be made where: <br />A. Development has ceased, the building per- <br />mit has expired and no extensions have been granted, or <br />if granted, the extensions have expired; as to a develop- <br />ment for which the fee required under this chapter has <br />been collected; provided that the claim for such a refund <br />is filed no later than six months after the expiration date <br />of the building permit, or any extension thereof as may <br />have been approved by the city; or <br />B. A refund is specifically authorized by reso- <br />lution of the city council adopted pursuant to Govern- <br />ment Code Section 66001(d). Such amounts shall be <br />refunded by the city to the then- current record owners of <br />the development on a prorated basis. The city may effect <br />such refunding by direct payment, or by providing credit <br />towards future traffic improvements fees, or by any <br />other means consistent with the intent of Government <br />Code Section 66001. (Ord. 1765 § 2, 1998) <br />3.26.120 Appeals. <br />A developer may appeal to the city council any <br />final administrative determination made pursuant to this <br />chapter, after exhausting all other appeals provided in <br />this chapter, and payment of the fee for a planning ap- <br />peal as set forth in the master fee schedule (on file in the <br />office of the city clerk). All appeals to the city council <br />