Resolution 2025-64 - Laserfiche WebLink

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the trnnoportation capital facilities account. The parks and trailc €ems ohcli—be deposited into the parks and trailo capital facilities account. The fees for each category of capital facilities defined Section 3.18.030 C. shall be deposited into the capital facilities account for that same category of capital facilitties. For example, the library fees shall be deposited into the library capital facilities account. Sec. 3.18.070. - Expenditure of impact fees. A. Library capital facilities fee. The monies collected from tho library fee shall be used only to acquire or construct 'ibrar„ capital facilities within the -city. B. Trancportation capital facilitics fcc. The monicc, collected from the transportation fco ohall be uscd only to acquire or construct transportation capital facilities -en -the city's road system. C. and trails fee shall be used only to acquire er construct parks and trails capital facilities within the -city, A. Capital facilities fees. The monies collected from fees for each category of capital facility defined Section 3.18.030 C. shall be used only to acquire or construct that same category of capital facility within the city. For example, the monies collected from the library fee shall be used only to acquire or construct library capital facilities within the city. B. No monies spent for routine maintenance, rehabilitation or replacement of capital facilities. No monies shall be spent for periodic or routine maintenance, rehabilitation, or replacement of any city library capital facilities, transportation capital facilitics, or parks and trails capital facilities. capital facility defined Section 3.18.030 C. C. No monies spent to remedy deficiencies existing on effective date of chapter. No monies shall be spent to remedy existing deficiencies in library capital facilities, transportation capital facilities „r parks and trails capital facilities.capital facilities defined Section 3.18.030 C. D. Annual impact fee capital facilities budget. At least once during each fiscal year of the city, the city manager or designee shall present to the city council a proposed impact fee capital facilities budget for all capital facilities defined Section 3.18.030 C.-eity library —capital facilitics, transportation capital facilitics, and parks and trailo capital facilities. This impact fee capital facilities budget shall recommend assigning monies from each impact fee trust account to specific city Resolution No. 64, Series 2025 Page 8 of 10