§ 3.48.050. Use of fees  


Latest version.
  • Fees collected pursuant to this chapter shall be deposited in a separate account, and except for temporary investments with other city funds, shall be maintained separately. Such fees, together with interest earned there on, shall be used solely to:

    A.

    Pay for those street improvements described in the resolutions adopted pursuant to this chapter, or

    B.

    Reimburse city for funds advanced by city to pay for those street improvements described in the resolution adopted pursuant to this chapter, or

    C.

    Reimburse developers for the installation of street system improvement which contain supplemental size, capacity or length to benefit property in addition to developer's property.

(Ord. No. 307)