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HomeMy WebLinkAboutOrdinance 1968ORDINANCE NO. "1 AN ORDINANCE AMENDING CHAPTER 11.12.110 OF THE CENTRAL POINT MUNICIPAL CODE ADDING LANGUAGE CLARIFYING SYSTEM DEVELOPMENT CHARGE CREDITS Recitals: A. There are multiple ways for developers and property owners to receive System Development Charge (SDC) Credits. B. Credits shall be applied evenly regardless of the way they have obtained. C. Words lined thFaugh are to be deleted and words in bold are added. THE PEOPLE OF THE CITY OF CENTRAL POINT DO ORDAIN AS FOLLOWS: Section 1. Chapter 11.12.110 of the Central Point Municipal Code is amended to read: 11.12.110 Credits. A. A systems development charge shall be imposed when a change of use of a parcel or structure occurs, but credit shall be given in an amount equal to the existing systems development charge as applied to the pre-existing use. The credit so computed shall not exceed the calculated systems development charge. No refund shall be made on account of such credit. Credits for change of use of a parcel shall be used within ten years from the date the credit is given or will be forfeited for all. For existing change of use credits they will expire upon 10 years of the revising of this ordinance. B. An improvement fee credit shall be given for the cost of a qualified public improvement associated with a development, subject to the following: 1. Such credit shall be only for the improvement fee charged for the type of improvement being constructed, and credit for qualified public improvements under Section 11.12.030(F)(2) may be granted only for the cost of that portion of such improvement that exceeds the city's minimum standard facility size or capacity needed to serve the particular development property or project. The applicant shall have the burden of demonstrating that a particular improvement qualifies as a Section 11.12.030(F)(2) qualified public improvement. 2. When the construction of a qualified public improvement gives rise to a credit amount greater than the improvement fee that would otherwise be levied against the project receiving development approval, the excess credit may be applied against improvement fees that accrue in subsequent phases of the original development project, if any. Ordinance No.� (121312) Pg. 1 3. Credits shall be used within ten years from the date the credit is given. 4. Credit shall not be transferable from one development to another or from one type of capital improvement to another. (Ord. 1861(part), 2005; Ord. 1703 §3, 1994, Ord. 1657 §1 (part), 1991). C. A credit may be established if a developer/builder pays for a permit then elects to not build on that site and does not take a refund. The cash credits may be used towards another building project. However, the cash credits shall be used within 10 years from the date the credit is given or be forfeited. For existing cash credits they will expire upon 10 years of the revising of this ordinance. Passed by the Council and signed by me in authentication of its passage this J& "Allay of December, 2012. Mayor Hank Williams ATTEST: -* aOZ4 - City Recorder 61 Ordinance No. N��J (121312) Pg. 2