Cypress Municipal Code § 5-47 Short title

This article of the Code of the City of Cypress may be referred to as the "Regional Traffic Impact Fee Ordinance" of the City of Cypress.

(Ord. No. 926, § 2, 9-26-94)

This article is intended to impose a regional impact fee at the time of building permit issuance, in an amount based upon the square footage, or most appropriate impact measurement of nonresidential and residential development in order to implement the goals and policies of the growth management element and circulation element of the city's general plan, and to mitigate the regional traffic impacts caused by new development within the city. Impact fees shall not exceed the cost of providing traffic improvements for which the need is substantially attributable to those developments for which the fees are to be paid.

(Ord. No. 926, § 2, 9-26-94)

[1]

Editor's note: Section 2 of Ord. No. 926, adopted Sep. 26, 1994, purported to add § 5-33 herein. Inasmuch as provisions designated as such exist in this Code already, said section has been renumbered and included herein as § 5-47.1 at the editor's discretion.