§ 10.32.10. Fair share obligation.

Latest version.

The fair share obligation will be derived by applying an approved formula to all water or wastewater facilities identified within any part of the impact area for a proposed development.

The construction cost will be in addition to all associated improvement costs. Associated improvement costs will include rights-of-way acquisition, planning, design, engineering, permitting, environmental mitigation, utility costs and other associated physical development costs directly required and associated with the construction of the improvement as determined by the city.

The city shall have the sole discretion in selecting the authorized improvement, if the applicant opts to contribute a fair share payment through the in-kind construction of an authorized improvement. If there is more than one eligible authorized improvement which will positively impact the applicable water or wastewater facility as required under this chapter, then the applicant shall have the choice of which authorized improvement will be the subject of the fair share agreement.

( Ord. No. 2006-40, § 10 )

                    
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