13.21.020 Findings.
The city council creates and establishes a separate development impact fee for the Valley Rose Estates infrastructure project area which shall be used to reimburse the costs incurred by the city for sanitary sewer improvements and water system improvements as described in the engineering study to serve the Valley Rose Estates infrastructure project area.
A. The city council has already established and affirms its development facility fees for sewage treatment facilities and sewage collection facilities and for water system facilities which are more fully set forth in Chapter 13.12 of this title. The development fees for the Valley Rose Estates infrastructure project area established pursuant to this chapter are in addition to and not instead of the development facility fees already so established. For convenience, the Valley Rose Estates infrastructure project development fees established by this chapter shall, for the balance of this chapter, be referred to by the singular term, "the fee."
B. The purpose of the fee set forth in this chapter is to reimburse the city’s enterprise funds’ capital accounts for the costs incurred by the city in constructing the public Valley Rose Estates infrastructure project and shall be used by the city in conformity with the limitations placed upon those accounts. A fair and just cost distribution between the benefited properties for each of these improvements would be to base the distribution on the following criteria:
1. The fees attributable to any property will be based on the number of "equivalent dwelling units" (EDU) each development will generate. Based upon the land use designated for the property in the city’s general plan, and assuming build out to maximum capacity, the projected number of residential units per acre for residential property, assuming (a) 5.5 residential units (EDU)/acre for low density residential property, nonresidential properties are to be charged at (a) 7.5 EDU/acre for neighborhood commercial properties and (b)11.96 for commercial retail properties.
C. There is a reasonable relationship between the purpose of these fees and the benefited properties because the benefited properties will benefit from the public improvements and the development of the benefited properties would necessitate the construction of the public improvements at that time. (Ord. 493 §1 (Exh. A), 2004).