1999 MAY - Laserfiche WebLink

3.26.050 subsection A of this Section, shall be reduced by the amount of any credits authorized by Section 3.26.070 of this Chapter. E. The amount of the fee shall be re- viewed at least every four (4) yeazs. (Ord. 1765 § 2, 1998) 3.26.060 Payment Of Fee: A. The full amount of the fee shall be paid at the time of issuance of the build- ing permit. For those instances where a developer receives an entitlement for development, but is not required to seek a building permit from the City, the traffic development fee shall be payable within thirty (30) days of final action on the development entitlement. B. If the developer has appealed the determination of the fee, and such appeal is pending at the time he or she applies for a building permit, the developer must pay the traffic development fee to receive a building permit, but may do so under protest. If the developer's appeal is suc- cessful, and the fee is subsequently re- duced, the developer shall be refunded the difference within thirty (30) days. C. The City shall not accept prepay- ments of the traffic development fee, unless prepayment is authorized in a development or other agreement. (Ord. 1765 § 2, 1998) 3.26.070 Credits: When a developer constructs a traffic improvement not otherwise required by Titles 18, 19, and 20 of this Code, the developer's traffic development fee shall be reduced as provided in this Section. A. Eligibility: 1. To be eligible for credit, each of the following must be satisfied: a. The construction for which credit is given must be a traffic improvement which would otherwise be constructed by the City using traffic development fee funds. b. The traffic improvement must appeaz on the City Council approved list of traffic development fee improvements, as said list may be amended from time to time. c. The land on which the work is done must be owned by the City, or offered for dedication to the City through a recorded document. d. The developer shall have improve- ment plans for the work approved by the City and shall have provided the required security before beginning construction. e. The developer and the City must enter into a written subdivision or other agreement. 2. The agreement shall include the amount of the credit which will be given (or for unusual projects, the exact method of calculating the credit), when the credit will be given, and to which lots it will apply. B. Calculation Of Credit: 1. General: a. The Director of Public Works, or his or her designee, ("Director of Public Works") shall calculate the amount of credit to be given based upon the ap- proved improvement plans and using cost estimates (which aze based on recent City project bids for similar work). The cost of right of way to be purchased shall be 75 (Pleasanton 5-99)