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The city council hereby creates and establishes a development impact fee for the water system ("Water System Impact Fee") for the city which shall be used by the city for water infrastructure improvements to the city’s water system as described in the engineering study to serve the city of Wasco.

A. The imposition of a water system impact fee is an essential method of ensuring that adequate water facilities are provided and that the cost of capital facilities are apportioned based on a reasonable relationship between the fee and the type of development and the water infrastructure projects necessary to accommodate such development. This must be done in order to promote and protect the public health, safety and welfare.

B. The fees established by this chapter are derived from, are based upon, and do not exceed the costs of providing water infrastructure projects necessitated by the new development projects for which the fees are levied.

C. The engineering study, as may be revised from time to time, sets forth a reasonable methodology and analysis for the determination of the unfunded portion of new infrastructure projects and the need for and costs for new water infrastructure projects in the city and the need for new development projects to pay their appropriate share of same. (Ord. 509 §1 (Exh. A), 2006).