Loading...
1987-07 Annex. Use Fee ordinance No. 87-07 8) AN ORDINANCE OF THE CARDIFF SANITATION DISTRICT AMENDING THE CARDIFF SANITATION DISTRICT CODE RELATING TO ANNEXATION USE FEE The Board of Directors of the Cardiff sanitation District does ordain as follows: SECTION ONE: That section 3.04.030 of the Cardiff sanitation District code is amended to add subsection C to read as follows: 3.04.030 . . . C. An applicant for annexation may request, and the District may approve, a delayed payment program for the fee required by this Section. The applicant shall execute a Covenant, in a form satisfactory to the District, which provides for: 1. An initial installment based upon a stated density of development1 2. As a conditioned precedent to obtaining . a development permit for a project that will exceeed the stated density, the property owner shall be required to make a final installment. 3. The amount of the final installment shall be based upon the fee in existence at the time of the execution of the covenant plus interest at the rate of 5' per annum from the date of execution of the Covenant; or the fee current as of the time of the issuance of the development permit, whichever is higher. SECTION TWO: This Ordinance was introduced on May 6, 1987 . . : ,q Book # I . Page # , ' -" f SECTION THREE: 8) Upon introduction and adoption of this ordinance, the District Clerk is directed to publish this Ordinance. PASSED AND ADOPTED this 20th day of Mav ' 1987, by the following vote, to wit: AYES: Board Members Gaines, Luke, Omsted, Shea, Steel NAYS: None ABSENT: None ~...~ (. RICK SHEA, C a1rman of the Cardiff sanitation District ATTEST: . . 2 , Book # ! . Page #--'..2-