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Project for the purpose of defraying City's actual costs incurred or to be incurred in the <br /> processing and administration of any form of permit, approval, license, entitlement,or formation <br /> of a financing district or mechanism, or any and all costs adopted or otherwise imposed by City <br /> for the purpose of defraying City's actual costs of periodically updating its plans, policies, and <br /> procedures, including, without limitation, the fees and charges referred to in Government Code <br /> Section 66014. <br /> (c) Fee Adjustments. <br /> Notwithstanding subsections (a) and (b) above, during the Term of this Agreement, Developer <br /> shall pay those periodic cost of living or similar indexed increases, decreases or adjustments to <br /> Development Impact Fees and Regulatory Processing Fees as are applicable and in effect at the <br /> time such fees would otherwise be payable to City. <br /> (d) Fees Charged by Other Entities. <br /> Developer acknowledges that this Agreement does not control development related fees charged <br /> by entities other than the City. Developer shall be responsible for the payment of such fees or <br /> charges imposed by entities other than the City in effect at the time of payment of such fees or <br /> charges notwithstanding that the City may collect such fees on behalf of those other entities. If <br /> there is a dispute over the amount of the fees or charges between the Developer and an entity <br /> other than the City, upon the Developer's request the City shall use its best efforts to encourage a <br /> resolution of the issue between the Developer and that entity. If the City, despite its best efforts, <br /> is not able to bring about an amicable resolution, Developer solely shall be responsible for the <br /> fees or charges imposed by the entity. <br /> (e) Deferral of Payment of Certain City Development Impact Fees. <br /> Developer may defer payment of the City's Public Facilities Fee, Traffic Development Fee <br /> (which may be offset by credit described in Subsection (f), below), City Water Connection Fee, <br /> and City Sewer Connection Fee, which are otherwise due when Developer obtains a building <br /> permit for each residence, until the earlier of: (i) final inspection for that residence; (ii) issuance <br /> of a certificate of occupancy for that residence; or(iii)turn-on of natural gas for that residence. <br /> (1) Credits Towards City Traffic Development and Public Facility Fees. <br /> City and Developer agree that Developer's Project includes some traffic improvements which <br /> would otherwise be constructed by the City using traffic development fee funds. Such <br /> improvements include, but are not limited to, portions of the Nevada Street extension beyond <br /> Developer's property. The City acknowledges that such improvements are eligible for credit, as <br /> provided in Municipal Code §3.26.070, towards City Traffic Development Fees otherwise due <br /> for the Project. <br /> City and Developer also agree that Developer's Project includes some improvements which <br /> would otherwise be constructed by the City using public facility fee funds. Such improvements <br /> include, but are not limited to,portions of the privately maintained trail along Arroyo Del Valle <br /> 8 <br />