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for deferral is submitted. <br /> E. The term of an impact fee deferral granted under this chapter may not exceed 18 months from the <br /> date the building permit is issued ("Deferral Term"). If the condition triggering payment of the <br /> deferred impact fees does not occur prior to the expiration of the Deferral Term,then full payment <br /> of the impact fees shall be due on the last date of the Deferral Term. <br /> F. Deferred Impact Fee Lien. <br /> 1. Applicant's Duty to Record Lien. An applicant requesting a deferral under this chapter must <br /> grant and record a deferred impact fee lien, in an amount equal to the deferred impact fees, <br /> against the property in favor of the City in accordance with the requirements of RCW <br /> 82.02.050(3)(c). <br /> 2. Satisfaction of Lien. Upon receipt of final payment of all deferred impact fees for the property, <br /> the City shall execute a release of deferred impact fee lien for the property.The property owner <br /> at the time of the release is responsible, at his or her own expense,for recording the lien <br /> release. <br /> G. The deferral entitlements allowed under this chapter shall be limited to the first 20 single-family <br /> residential construction building permits per applicant, as identified by contractor registration <br /> number or other unique identification number, per year. <br /> 19.53.130 Refunds. <br /> A. If the city fails to expend or encumber the impact fees within 10 years from the date the fees were <br /> paid, unless extraordinary, compelling reasons exist for fees to be held longer than 10 years, the <br /> current owner of the property on which the impact fees were paid may receive a refund of such <br /> fees. Such extraordinary or compelling reasons shall be identified in written findings by the City <br /> Council. <br /> B. The city shall notify potential claimants by first class mail that they are entitled to a refund. In <br /> determining whether impact fees have been expended or encumbered, impact fees shall be <br /> considered expended or encumbered on a first-in, first-out basis. <br /> C. Owners seeking a refund must submit a written request for a refund of the fees to the city within <br /> one year of the date the right to claim a refund arises or notice is given, whichever comes later. <br /> D. Any impact fees for which no application has been made within the one-year period shall be <br /> retained by the city and expended on appropriate parks facilities. <br /> E. Refunds of impact fees shall include any interest earned on the impact fees by the City. <br /> 19.53.140 Authority Unimpaired. <br /> A. Nothing in this ordinance shall preclude the city from requiring the fee payer to mitigate adverse <br /> environmental effects of a specific development pursuant to the State Environmental Policy Act, <br /> Chapters 43.21C RCW and/or Chapter 58.17 RCW, governing plats and subdivisions, provided that <br /> the exercise of this authority is consistent with Chapters 43.21C and 82.02 RCW. <br /> 19.53.200 Phase in period. <br /> A. Impact fees under this chapter shall be waived for building permits issued before [nine months from <br /> the effective date of this ordinance]. <br /> B. Impact fees under this chapter shall be reduced by half for building permits issued after [nine <br /> months from the effective date of this ordinance] but before [eighteen months from the effective <br /> date of this ordinance]. <br /> C. The Impact fee shall be implemented consistent with the fees in EMC 19.53.060 beginning [eighteen <br /> az ORDINANCE Page 9 of 14 <br />