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A. The city council may, from time to time, authorize whole or partial exceptions to the payment of the transportation impact fee required by Section 13.24.090.

B. If the city council determines to authorize exceptions pursuant to subsection A of this section, the city council shall adopt a resolution to that effect which shall:

1. State the findings made to support the decision to authorize exceptions to the payment of the transportation impact fee required by Section 13.24.090;

2. Determine which classification(s) of land development activity generating traffic (residential, commercial, office or industrial) to which they will authorize exceptions to the payment of the transportation impact fee required by Section 13.24.090;

3. Determine the percentage of the transportation impact fee for each classification of land development activity generating traffic to which they will authorize exceptions to the payment of the transportation impact fee required by Section 13.24.090;

4. Make a budget appropriation from the general fund to the transportation impact fee fund, or such other discretionary fund, equal to the value of the exception;

5. Set a date upon which the resolution expires. If no date is identified, such resolution shall expire at the end of the then current fiscal year.

C. Upon the issuance of a building permit for a land development activity generating traffic classification which has been determined to be excepted from payment of the transportation impact fee pursuant to this section, the finance director shall transfer from the general fund, or such other discretionary fund as deemed appropriate by the city council, to the transportation impact fee fund an amount equal to the excepted portion of the transportation impact fee.

D. The city council may, by the adoption of a resolution, amend any exceptions or approvals granted pursuant to any resolution adopted consistent with subsection B of this section.

E. It is the intent of this section to provide the city council with a tool to promote the economic development of the city, while at the same time insuring sufficient revenue in the transportation impact fee fund to fund the projects that have been identified as a result of growth and development in the community. It is not the intent of this section to exempt the fee payer from having to construct or pay for site related improvements. (Ord. 469 §1, 2002).