Thousand Oaks Municipal Code Ch. 18 General Capital Improvement Taxes

This tax shall be known as the “General Capital Improvement Tax of the City of Thousand Oaks.”

(§ 1, Emergency Ord. 679-NS, eff. June 27, 1978; readopted July 11, 1978)

The Council finds that the continued development and construction of residential dwelling units in the City has created a need for the planning, acquisition, construction, improvement, and expansion of general capital-related facilities to serve the City’s increasing population and that there exists a need to find sources of revenues with which to finance in part these required additional public facilities. The Council hereby declares that the taxes required to be paid pursuant to this chapter are assessed pursuant to the taxing power of the City and are assessed solely for the purpose of producing revenue.

(§ 1, Emergency Ord. 679-NS, eff. June 27, 1978; readopted July 11, 1978)

For the purposes of this chapter, unless otherwise apparent from the context, certain words and phrases used in this chapter are defined as follows:

(a) “Person” shall mean and include every person, firm, or corporation constructing a dwelling unit itself or through the services of any employee, agent, or independent contractor.

(b) “Dwelling unit” shall mean and include each single-family dwelling and each separate habitation unit of an apartment or duplex or multiple dwelling structure designated as a separate habitation for one or more persons, although a part of the same building or structure, and each space in a trailer or mobile home park.

(§ 1, Emergency Ord. 679-NS, eff. June 27, 1978; readopted July 11, 1978)

Every person constructing a new dwelling unit in the City shall be taxed and shall pay to the City the following fees: the sum of One Hundred and no/100ths ($100.00) Dollars for each separate habitation unit of an apartment, duplex, or triplex and for each trailer or mobile home space; the sum of One Hundred Twenty-Five and no/100ths ($125.00) Dollars for each separate habitation unit of a condominium or community apartment project; and the sum of One Hundred Fifty and no/100ths ($150.00) Dollars for each single-family detached dwelling unit.

(§ 1, Emergency Ord. 679-NS, eff. June 27, 1978; readopted July 11, 1978)

The fees imposed by this chapter shall be due and payable in the Finance Department of the City upon an application to the City for a building permit for the construction of any such dwelling unit, except, in the case of a trailer or mobile home park, such fees shall be due and payable upon approval by the City of the trailer park development permit. In the event the building permit or the trailer park development permit is not approved or is not used for such construction, there shall be a refund of such fees.

(§ 1, Emergency Ord. 679-NS, eff. June 27, 1978; readopted July 11, 1978)

There is hereby established a General Capital Improvement Fund. All the sums collected pursuant to this chapter shall be credited to the General Capital Improvement Fund and, together with any accumulations thereon, shall be used solely for the planning, acquisition, improvement, or expansion of capital improvements of public facilities within the City.

(§ 1, Emergency Ord. 679-NS, eff. June 27, 1978; readopted July 11, 1978)