(a) As used in this section, "development charge amount" means the amount of development charges which would have been imposed for construction in a subdivision had the development charge ordinance (Chapter 26, Article VI) been in effect from January 1, 1986, to the effective date of this section.

    (b) As used in this section, "subdivision" means a subdivision which has been assessed an impact fee which is higher than the development charge amount.

    (c) The impact fee assessed against each subdivision is hereby reduced to the development charge amount.

(Ord. No. 12176, § 1, 3-6-89)