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A. Timing of Determination. The determination of developer obligations shall be made by the city before approval of all preliminary subdivisions, planned unit developments, conditional and special use permits, and binding site plans or before the issuance of a building permit, whichever occurs first.

B. Administration of Payments. Payments made pursuant to this chapter shall be subject to the following provisions:

1. The payment is required prior to issuance of an approved building permit unless otherwise approved in accordance with BMC Title 21.

2. The payment and accrued earnings shall be held in a reserve account and shall be expended to fund improvements on the road system.

3. Payments made pursuant to this chapter shall include an amount to reimburse the city for the costs of administration of this title. The amount shall be determined based upon the fee resolution approved by the city council from time to time. (Ord. 2348 § 17, 2021; Ord. 2014 § 1 (Exh. A), 2009; Ord. 1946 § 4, 2005; Ord. 1881 § 2, 2002; Ord. 1654 § 3, 1996; Ord. 1633 § 1, 1996. Formerly 17.04.050).