15.08.050 Development impact fees.

(A) A parks and civic facilities fee is imposed on new construction as set forth in this chapter. The fee shall be in accordance with the cost per unit (e.g., dwelling unit, square feet, hotel/motel rooms, etc.) as identified in Exhibit A to the ordinance codified in this chapter and defined in this section.

(B) The city at its sole discretion may adopt revised parks and civic facilities impact fees based on the proportionate effects of inflation or changes to the cost of living. For purposes of calculation, the Engineering News Record 20-City Construction Cost Index shall be used for adjusting said fees. Said adjustments in accordance with this section may be approved by a resolution of the city council.