§ 5.05.07. Transportation impact fee credit for proportionate fair-share mitigation.

A.

The county shall maintain a list of transportation improvements funded by transportation impact fees under the CIE. If the subject improvement is contained in the current CIE and funded in part or whole by road impact fees, the proportionate fair-share contributions shall be applied as a credit against transportation impact fees.

B.

Impact fee credits for the proportionate fair-share contribution will be determined when the transportation impact fee obligation is calculated for the proposed development. Impact fees owed by the applicant will be reduced according to the proportionate fair-share agreement as they become due according to the county's impact fee ordinance. If the applicant's proportionate fair-share obligation is less than the development's anticipated road impact fee for the specific stage or phase of development under review, then the applicant or its successor must pay the remaining impact fee amount to the county pursuant to the requirements of the county's impact fee ordinance.

C.

The proportionate fair-share obligation is intended to mitigate the transportation impacts of a proposed development at a specific location. As a result, any road impact fee credit based upon proportionate fair-share contributions for a proposed development cannot be transferred to any other location unless provided for within the county's impact fee ordinance. The credit shall be applied proportionately to the number of new PM peak hour trips generated by each parcel or use within the development.

D.

The amount of traffic impact fee credit for a proportionate fair-share contribution may be up to, but shall not exceed, the proportionate fair-share amount paid by the development.

(Ord. No. 2009-04, § 1(Attch. 1), 12-17-09)