§ 26-98-540. Annual adjustment and review of fees.

(a)

On January 1st of each year beginning in 1989, the development fees imposed by Sections 26-98-500 through 26-98-550, inclusive, shall be adjusted by a percentage amount equivalent to the percentage change in the engineering new record construction cost index for the preceding twelve (12) month period. The amount of fee applicable to any permit shall be computed based on the fee in effect as of the date of planning department approval of the building permit.

(b)

The board of supervisors shall review the adequacy of the development fees established herein at least once every three (3) years or, if it deems it appropriate, more often than once every three (3) years.

(c)

The department of public works and the department of planning shall provide an annual report to the board of supervisors which notes any change in the fee due to automatic annual adjustments.

(d)

Application for rezoning to increase the residential density of properties within the impact zone will, if moved, be conditioned to require the applicant to assume a proportionate share of the improvement costs which would otherwise be the responsibility of the county.

(Ord. No. 4643, 1993.)