4.20.080 Improvement Plan
A. Prior to the establishment of a system development charge, the City Council shall prepare a capital improvement plan, public facilities plan, master plan, or other comparable plan that includes:
1. A list of the capital improvements that the City Council intends to fund, in whole or in part, with revenues from improvement fees;
2. The estimated cost and time of construction of each improvement and the percentage of that cost eligible to be funded with improvement fee revenue; and
3. A description of the process for modifying the plan.
B. In adopting a plan under subsection A of this section, the City Council may incorporate by reference all or a portion of any capital improvement plan, public facilities plan, master plan, or other comparable plan that contains the information required by this section.
C. The City Council may modify such plan and list, as described in subsection A of this section, at any time. If a system development charge will be increased by a proposed modification to the list to include a capacity increasing public improvement, the City Council will:
1. At least thirty (30) days prior to the adoption of the proposed modification, provide written notice to persons who have requested notice pursuant to Section 4.20.120;
2. Hold a public hearing if a written request for a hearing is received within seven (7) days of the date of the proposed modification.
D. A change in the amount of a reimbursement fee or an improvement fee is not a modification of the system development charge if the change in amount is based on:
1. A change in the cost of materials, labor, or real property applied to projects or project capacity as set forth on the list adopted pursuant to subsection A of this section;
2. The periodic application of one or more specific cost indexes or other periodic data sources, including the cost index identified in Section 4.20.040. A specific cost index or periodic data source must be:
a. A relevant measurement of the average change in prices or costs over an identified time period for materials, labor, real property, or a combination of the three;
b. Published by a recognized organization or agency that produces the index or data source for reasons that are independent of the system development charge methodology; and
c. Incorporated as part of the established methodology or identified and adopted by the City Council in a separate resolution, or, if no other index is identified in the established methodology, then the index stated in Section 4.20.040. (Ord. 3174 § 1, added, 03/19/2019)