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<br />3.16.050 Payment. The expansion fee shall be due and <br />payable at the time that the building permit is issued. Under no <br />circumstances shall the Building Official issue a building permit <br />until and unless the capital improvement fee as calculated herein has <br />been paid in full. <br /> <br />3.16.060 Capital Improvement Fund-Use. Any and all <br />disbursments from the capital improvement fund shall be limited to <br />the following: constructing and improving major thoroughfares within <br />the City, the purchase and planting of trees within the City, the <br />purchase of real and personal property in conjunction with <br />construction of the capital improvement, to construct or otherwise <br />acquire recreational facilities, to the repair or installation of <br />sidewalks and curbs, street repair, street overlay or seal coating, <br />the construction of drainage improvements, and the construction of <br />other capital improvements as approved specifically by the City <br />Council. It is agreed, that up to 55 cents per square foot of the <br />capital improvement fee collected may be used to help defray the <br />expenses of the departments of finance, community services, community <br />development, public works and city administration with said portion <br />of the fee being deposited into the general fund of the City to help <br />defray such expenses. <br /> <br />~= R::AND ~R~~~;~ PUBLISHED THIS _-2~ DAY OF <br /> <br /> <br />~~&/4;d:~< <br /> <br />Mayor <br /> <br />ATTEST: <br /> <br /> <br /> <br /> <br /> <br /> <br />PASSED AND ADOPTED THIS ~ A.JJ DAY OF ~iLI-'--" 1985. <br /> <br /> <br />~~ <br /> <br />MAYOR <br /> <br /> <br />ATTEST: <br /> <br /> <br />Q~~ <br />