Porterville Municipal Code Art. II Acreage Charge

SECTION:

19A-11: GENERALLY:

Before development or redevelopment of any property, there shall be paid a storm drainage systems acreage charge in accordance with the cost per acre as established by resolution of the city council.

The charge shall be used to reimburse the city for construction of storm drainage systems, to provide the city with funds for construction of storm drainage systems and to reimburse others who have constructed or advanced the cost of construction of storm drainage systems. The charge shall be paid to the city prior to the issuance of a certificate of occupancy for development or redevelopment of any property. However, the charge shall not apply to redevelopment of any property unless the cost of said redevelopment exceeds fifteen thousand dollars ($15,000.00) within a twelve (12) month period. This valuation is to be adjusted, by resolution, each year to reflect changes in the cost of construction as indicated in the "Engineering News Record".

Property for which development or redevelopment is being proposed which has already had the charge paid to the city, will not again be subject to the charge.

The charge shall be computed on the gross area of the property being improved, such area being defined as the parcel of land being developed or redeveloped including half of all adjacent dedicated streets and alleys, and all of interior dedicated streets and alleys.

The charge shall be levied and payable prior to issuance of a certificate of occupancy for a building constructed on any property within the city. (Ord. 1754, 6-2-2009)

19A-12: CONSTRUCTION FUND:

There is hereby established and set up a storm drainage systems construction fund. All money collected from the storm drainage systems acreage charge shall be placed in said fund and disbursed therefrom to reimburse the city for construction of storm drainage systems, to provide the city with funds for construction of storm drainage systems and to reimburse others who have constructed or advanced the cost of construction of storm drainage systems as provided for in this chapter. All interest earned on monies deposited in the fund shall be retained in the fund. (Ord. 1104, 3-15-1977)