§ 98-519. Use of other financing mechanisms.  


Latest version.
  • (a)

    The city council may finance collection of water and sanitary sewer facilities, and capital improvements or facilities expansions designated in the capital improvement plans through the issuance of bonds, through the formation of public improvement districts or other assessment districts, or through any other authorized mechanism, in such manner and subject to such limitations as may be provided by law, in addition to the use of impact fees.

    (b)

    Except as herein otherwise provided, the assessment and collection of an impact fee shall be additional and supplemental to, and not in substitution of, any other tax, fee, charge or assessment which is lawfully imposed on and due against the property.

(Ord. No. O-2002-011-16, § 1, 3-26-02)