§ 3.48.060. Supplemental street system improvements  


Latest version.
  • A developer may be required, as a condition of approval of a development or land use entitlement, to construct street system improvements which have supplemental size, length or capacity over that needed for the impacts of such development, when such construction is necessary to ensure efficient and timely construction of the city street system.

    In such event the city and the developer shall enter into a reimbursement agreement which allows the developer credit against the fees due under this chapter for the street system improvements installed and, to the extent that the reasonable cost of the street system improvements exceed the fees due from the developer, the difference shall be reimbursed, without interest, from fees collected from other developers benefitted by the improvements. Such reimbursement will be made solely from the fees collected by city for such purpose, and developer shall have no claim against any other funds of city or sources of city revenue.

(Ord. No. 307)