§ 3.92.120. Use of funds

A. Pursuant to this title, park and recreation impact fees:

1. Shall be used for public parks and recreation facilities improvements that will reasonably benefit populations generated by the new residential development; and

2. Shall not be imposed to make up for deficiencies in public park and recreation facilities serving existing populations/developments; and

3. Shall not be used for maintenance or operations of existing or future parks and recreation facilities.

B. With respect to parks and recreation facilities, impact fees may be spent for public improvements, including but not limited to: planning and design for parks that will reasonably benefit the new populations/development; land acquisition; site improvements; necessary off-site improvements; construction, engineering, and architectural services; permitting, financing, and administrative expenses; applicable impact fees or mitigation costs; and capital equipment and/or furnishings pertaining to park and recreation facilities.

C. Impact fees may also be used to recoup public improvement costs previously incurred by the city to the extent that new population growth and development will be served by the previously constructed improvements or incurred costs.

D. In the event that bonds or similar public debt instruments are or have been issued for the advanced provision of public park and recreation improvements for which impact fees may be expended, impact fees may be used to pay debt service on such bonds or similar debt instruments to the extent that the facilities or improvements provided are consistent with the requirements of this section and are used to serve the new populations/ development.

(Ord. 2474 § 10, 1998)