Appendix 8501. Residential transportation impact fees required.

(a)

Except as provided in section 8503, the required transportation impact fee for a residential building shall be paid in an amount established by resolution of the city council. The required transportation impact fee shall be due and paid on a lump-sum basis on the date the first dwelling in the development or development phase receives its final building inspection, or certificate of occupancy, whichever occurs first.

(b)

The city engineer, or his or her designee, shall be responsible for calculating the amount of the transportation impact fee required for each development project based on the applicable land use category and corresponding rate specified in the resolution which adopts the transportation impact fee. In calculating such fee, the city engineer shall utilize the fee rate that is assigned to the land use category that is most applicable to the development project.

(c)

For the purposes of this section, "final building inspection" shall mean the physical inspection of the building by the Building and Safety Division of the Community Development Department of the City of Agoura Hills for compliance with all applicable building codes and the issuance by all applicable city, county, regional, state and federal agencies of their respective clearances for occupancy.

(d)

For the purposes of this section, "certificate of occupancy" shall mean a document issued by the proper authority allowing the occupancy or use of a building and certifying that the structure, building or development conforms with all applicable provisions of the Agoura Hills Municipal Code, ordinances and conditions of approval.

(Ord. No. 11-389, § 2, 9-27-2011)