Laserfiche WebLink
SECTION VI . Time of Payment. <br /> A. The "Fair Share Fee" shall be due and paid upon the <br /> issuance of any buildings' or development permits _for any new or <br /> additional land development activity generating traffic except <br /> single family and duplex dwellings. The fee for each single <br /> family or duplex dwelling is due, prior to issuance of a <br /> Certificate of Occupancy for the dwelling. Impact fees paid <br /> shall be based on the rates in effect at the time of payment. <br /> B. The City of Zephyrhills as Collecting Agency shall be <br /> entitled to retain one percent ( 1%) of the total funds collected <br /> to offset the costs associated of these funds. This collection <br /> cost shall be retained before calculating any, division_.of fees <br /> with Pasco County or FDOT'as established by separate agreement. <br /> SECTION VII . Use of Funds Collected. <br /> A. The funds collected by reason ofthe establishment of a <br /> road impact fee in accordance with this Ordinance shall be used <br /> solely for the purpose of constructing orimproving roads, <br /> streets, highways and bridges on the major road network system <br /> including but not limited to <br /> 1. design and construction plan preparation, <br /> 2. right-of-way acquisition, '.. ' <br /> 3 . construction of new through lanes, <br /> 4 . construction of new turn. lanes, .. <br /> 5. construction of new bridges, <br /> 6 . construction of new drainage facilities in,. <br /> conjunction with new roadway construction, <br /> 7 . purchase and installation of traffic signalization, <br /> 8. construction of new curbs, medians and shoulders, <br /> 9 . relocating utilities to accommodate_ new roadway <br /> construction._ __ <br /> Funds shall be used for capital improvements or expansion within <br /> the City of Zephyrhills or for projects within Pasco County <br /> traffic impact fee zone .6 that are of direct benefit to the <br /> development from which the funds were collected. Said funds <br /> shall not be used to maintain the existing major road network <br /> system. <br /> SECTION VIII . Special .Revenue Fund Established. <br /> A. There is hereby established.'a.=special revenue fund for <br /> transportation improvements designated.."Transportation-:impact <br /> Fees. <br /> B. Funds may be' withdrawn 'from this account for use solely <br /> in accordance with the provisions of Section VII of this . <br /> Ordinance; provided, that the disbursement of such funds shall <br /> require approvalof the City Manager. <br /> C. Any funds on deposit not immediately necessary for <br /> expenditure shall be invested in interest bearing sources. All <br /> income derived shall be deposited in the sPecial revenue fund. <br /> D. Fees collected pursuant to this Ordinance may be <br /> returned to the then-present owner if the fees have not been <br /> encumbered by the end of the calendar quarter immediately 111 <br /> following five ( 5) years from the date the fees were paid and <br /> expended in eight ( 8 ) years. Refunds shall be made in accordance <br /> with the following procedures. <br /> 1. The present owner must petition City Council for <br /> the refund within one ( 1) year following the end of the eighth <br /> year from the date on which the fee was paid. <br /> 2. The petition must be submitted to the City Manager, <br /> or his designee, and must contain: <br /> Li_i. 3 1 d 6 VhaE I a 9 - <br />