Part 4 — TCO/COO ISSUANCE CONDITIONS

A.

When a Developer notifies City consistent with this Chapter that the Construction Crane is or will be taken down for removal from the Construction Crane Guidance Area or will no longer operate above the Downtown Building Heights Limits in the Construction Crane Guidance Area, then a reconciliation will be made with respect to any overpayment or underpayment of the Crane Fee. The reconciliation will be based on the Crane Fees arising from the Developer's use of the Construction Crane.

B.

City will prepare a reconciliation invoice for the Developer's project and either refund the remaining Estimated Crane Fee Deposit or request additional funds from the Developer to be paid prior to issuance of a Certificate of Occupancy of Temporary Certificate of Occupancy, whichever comes first.

(Ord. 30674.)

Developers operating Construction Cranes above the Downtown Building Height Limits in the Construction Crane Guidance Area shall be required to pay the Crane Fee prior to the City issuing a TCO or COO for the structure, whichever comes first.

(Ord. 30674.)