§ 10.70.140. Use of fee.

Fees imposed by the city pursuant to this chapter shall be used solely for the purpose of constructing or providing specific traffic and transportation related projects and/or facilities, as described in the implementing resolution(s). The fees shall be collected by the city and deposited in a separate and distinct "fee fund" in a manner to avoid commingling of the fees with other revenues or funds of the city. Such fees are subject to accounting requirements of the Mitigation Fee Act. Any interest income earned on the fund shall also be deposited therein and shall only be expended for the purpose for which the fee was originally collected.

(Ord. 12786 § 1 (part), 2007)