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Is hereby amended to read as follows: <br /> The applicant shall provide the city traffic engineer with a written traffic analysis as part of the <br /> city's project review process whenever a proposed project will generate fifty or more additional <br /> peak hour trips, or if deemed necessary by the city traffic engineer. The traffic analysis shall be <br /> paid for by the applicant and shall be prepared by a licensed professional engineer or <br /> transportation planner with standing in the Institute of Transportation Engineers or is acceptable <br /> to the city traffic engineer. <br /> Section 5. Section 14 of Ordinance No. 3387-14, as amended (EMC 18.40.140), regarding <br /> "Procedure for payment and use of fees" for Transportation Mitigation, which reads as follows: <br /> A. Payment of all fees shall be made prior to: <br /> 1. Final plat approval in the case of subdivisions and short subdivisions; or <br /> 2. In all other cases, be prior to the issuance of any building permits. <br /> B. All fees collected under this chapter shall be obligated or expended on transportation <br /> improvements. Fees collected for specific projects shall be expended on those projects or may be <br /> expended on replacement projects that provide similar or greater improvements. <br /> C. The fees shall be obligated or expended in all cases within five years of collection. Any fees <br /> not so obligated or expended shall be refunded with interest at the rate applied to judgments to <br /> the property owners of record at the time of refund; however, if the payment is not obligated or <br /> expended within five years due to delay attributable to the project applicant, the payment shall be <br /> refunded without interest. <br /> D. An applicant's commitment to specific performance to construct a transportation <br /> improvement, including any bonds or financial assurance associated with the improvement, shall <br /> not be considered a fee, regardless of whether a monetary value has been assigned to the <br /> improvements in the traffic analysis or other project review documents or agreements. <br /> Is hereby amended to read as follows: <br /> A. Payment of all transportation fees shall be made prior to building permit issuance, except as <br /> provided in EMC 18.40.140(B). <br /> B. The deferral of transportation fees shall be allowed only for single-family attached and <br /> detached construction being constructed by an applicant having a contractor registration <br /> number or other unique identification number and in accordance with the following: <br /> 1. For this subsection: <br /> (a) "Applicant" includes an entity that controls, is controlled by, or is under common <br /> control with the applicant. <br /> (b) "Common control" means two or more entities controlled by the same person or entity. <br /> (c) "Control" means the possession, directly or indirectly, of the power to direct or cause <br /> the direction of the management and policies of an entity, whether through the <br /> ownership of voting shares, by contract, or otherwise. <br /> 2. An applicant wishing to defer the payment of fees for transportation system improvements <br /> shall: <br /> (a) Submit a signed and notarized deferred fee application and completed lien form <br /> concurrent with the building permit application for the building subject to the fee; and <br />