Reso 2000-064 - Laserfiche WebLink

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Total Acquisition and Improvement Fee Single- Family $4,259 Multi - Family $3,400 4. Exemptions From Fee. a. The Fee shall not be imposed on any of the following: i. Any alteration or addition to a residential structure, except to the extent that a residential unit is added to a Single - Family residential unit or another unit is added to an existing Multi - Family residential unit; ii. Any replacement or reconstruction of an existing residential structure that has been destroyed or demolished; provided that, the building permit for reconstruction is obtained within one year after the building was destroyed or demolished, unless the replacement or reconstruction increase the square footage of the structure by 50 percent or more. 5. Use of Fee Revenue. The revenues raised by payment of the Fee shall be placed in a separate, interest bearing account to permit accounting for such revenues and the interest, which they generate. Such revenues and interest shall be used only for the Facilities and the purposes for which the Fee was collected, which are the following: • a. To pay for acquisition of the Facilities; b. To pay for design, engineering and construction of and property acquisition for, and reasonable costs of outside consultant studies related to, the Facilities; c. To reimburse the City for the Facilities constructed by the City with funds from other sources including funds from other public entities, unless such funds were obtained from grants or gifts intended by the grantor to be used for the Facilities. d. To reimburse developers that have designed and constructed any of the Facilities with prior City approval and have entered into an agreement, as provided in Section 10 below; and e. To pay for and /or reimburse costs of program development and ongoing administration of the Fee program, including, but not limited to, the cost of studies, legal costs, and other costs of updating the Fee. 6