Signal Hill Municipal Code Ch. 21.32 Reimbursement for Oversized or Prior Constructed Improvements

The approving body may require the developer to construct improvements for the benefit of the development project which include supplemental size, capacity or number, and to dedicate said improvements to the city, or to pay fees, or provide such other consideration for the construction of the same, for the benefit of property not included in the development project.

(Ord. 91-06-1100 § 1 (part))

In the event that the developer is required to construct improvements under this chapter, the city shall enter into an agreement with developer pursuant to which the developer may be reimbursed for the amount by which value of the improvements constructed and dedicated, or the amount of fees or other compensation paid, exceeds the cost of the capacity size, or number of improvements allocated to the development project, or fees otherwise applicable to the development project. The agreement shall set forth the amount to be reimbursed and the time and manner in which payment thereof will be made, and shall be in a form approved by the city attorney. Generally, such payments shall be made by the developers of other benefitted property at the time such property is developed.

(Ord. 91-06-1100 § 1 (part))

In the event that the improvements are installed by the city, either before or after the granting of a development approval, at the time of development approval, any developer of property benefitted by such improvements may be required to pay impact fees thereon determined in accordance with an improvement study, in accordance with the procedure set forth in Chapter 21.12, et seq., or otherwise determined in accordance with this title.

(Ord. 91-06-1100 § 1 (part))

Conditions requiring reimbursement and payment of impact fees in accordance with this section may be made a condition of any development approval.

(Ord. 91-06-1100 § 1 (part))