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b. The closing of the first sale of the property occurring after the issuance of the applicable building <br /> permit for which the fees were deferred;or <br /> c. Eighteen months from the date of building permit issuance. <br /> 8. If the building for which the deferral of the fee for transportation improvements is requested is located <br /> within a subdivision, unit lot subdivision or short subdivision,the subdivision, unit lot subdivision or short <br /> subdivision shall be recorded prior to recording the lien for fees and issuance of the building permit. <br /> 9. After the applicant has paid all deferred fees for transportation improvements,the applicant is <br /> responsible for submitting a lien release application to the city.The applicant,at their own expense,will <br /> be responsible for recording lien releases. <br /> 10. Compliance with the requirements of the deferral option shall constitute compliance with subdivision or <br /> short subdivision conditions pertaining to the timing of the fee payment. <br /> 11. If deferred fees for transportation improvements are not paid in accordance with terms authorized by <br /> state law and this section,the city may initiate foreclosure proceedings for the unpaid impact fees and all <br /> costs associated with the collection of the unpaid fees. <br /> 12. A request to defer transportation fees under this section may be combined in one application with a <br /> request to defer school impact fees under Section 19.52.090. <br /> C. All fees collected under this chapter shall be obligated or expended on transportation improvements. Fees <br /> collected for specific projects shall be expended on those projects or may be expended on replacement <br /> projects that provide similar or greater improvements. <br /> D. The fees shall be obligated or expended in all cases within five years of collection.Any fees not so obligated or <br /> expended shall be refunded with interest at the rate applied to judgments to the property owners of record at <br /> the time of refund;however,if the payment is not obligated or expended within five years due to delay <br /> attributable to the project applicant,the payment shall be refunded without interest. <br /> E. An applicant's commitment to specific performance to construct or to pay a fair share of a transportation <br /> improvement(as specified in Section 19.51.100(A)(2)),including any bonds or financial assurance associated <br /> with the improvement,shall not be considered a fee,regardless of whether a monetary value has been <br /> assigned to the improvements in the traffic analysis or other project review documents or agreements. <br /> 19.51.145 Fee exemptions. <br /> A. The city may,on a case-by-case basis,grant exemptions to the application of the fee for planned system <br /> improvements(as specified in Section 19.51.100(A)(1))for new low income housing units in accordance with <br /> the conditions specified under RCW 82.02.060(2).To qualify for the exemption,the developer shall submit an <br /> application to the planning and community development director for consideration by the city prior to <br /> application for building permit.Conditions for such approvals shall meet the requirements of RCW <br /> 82.02.060(2),which includes payment of the fee from public funds other than the fee for transportation <br /> improvement account. In addition,any approved exemption will require a covenant that will assure the <br /> project's continued use for low income housing.The covenant shall be an obligation that runs with the land <br /> upon which the housing is located,and shall be recorded against the title of the real property. <br /> B. The city may,on a case-by-case basis,grant a partial exemption of not more than eighty percent of fees for <br /> planned system improvements(as specified in Section 19.51.100(A)(1)),with no explicit requirement to pay <br /> the exempted portion of the fee from public funds,for low income housing units, pursuant to the following: <br /> 1. The mayor,or designee, may grant an exemption to a low income housing project for each low income <br /> unit. <br /> 2. The decision to grant,partially grant or deny an exemption shall be based on the public benefit of the <br /> specific project,the extent to which the applicant has sought other funding sources,the financial hardship <br /> to the project of paying the impact fees,the impacts of the project on public facilities and services,and <br /> the consistency of the project with adopted city plans and policies relating to low income housing. <br /> 3. An exemption granted under this subsection must be conditioned upon requiring the developer to record <br /> a covenant approved by the director of planning and community development that prohibits using the <br /> Ch.19.51 Transportation Mitigation 10 City Council Action(11/04/2020) <br />