§ 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)
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