Section 25-47.06 Reserved.
Prior to the adoption of Ord. 21093 on 09/19/2011, Section 25-47.06 read as follows.
The funds collected from impact fees shall be used solely for the purpose
of construction of
the local street portion of collector and arterial streets or for the retirement of debt incurred by
the city for financing construction of the local street portion of collector and arterial streets or
the reimbursement of the street improvement revolving fund. Funds collected shall not be used to
maintain, repair, or operate the existing street system, nor to finance the nonlocal portion of
constructing collector or arterial streets, nor to finance the construction of local streets. The
construction of all unconstructed collector or arterial streets for which impact fees have been
collected, shall be undertaken by the city within a reasonable time, as determined by the council,
after impact fee funds have been received by the city. In making its determination as to what is a
reasonable time, the council shall give consideration to the major thoroughfare plan, the capital
improvement program, the street improvement revolving fund, the needs of the abutting
properties and such other matters as the council may deem necessary.
(Ord. No. 10833, § 5, 12-16-85)