CHAPTER 5. PROPERTY DEVELOPMENT TAX

8-5.01 Tax.

Every person constructing any new dwelling unit in the City shall pay to the City the sum of one hundred twelve dollars and fifty cents for each dwelling unit containing not more than one bedroom, and the sum of twenty-two dollars and fifty cents for each additional bedroom contained therein.

Every person constructing any new commercial development not otherwise taxed herein in the City shall pay to the City the sum of six cents per square foot.

The tax imposed by this section may be waived by the City Council for construction of low-income senior citizen housing. (§1, Ord. 1142, eff. August 30, 1972, as amended by §1, Ord. 1359, eff. June 30, 1978)

8-5.02 Time for Payment.

Such fees shall be due and payable upon application to the City for a building permit for the construction of any such dwelling unit or commercial development; provided, however, that there shall be a refund of such fees in the event the building permit is not approved or is not used for such construction. (§1, Ord. 1142, eff. August 30, 1972, as amended by §1, Ord. 1359, eff. June 30, 1978)

8-5.03 Definitions.

a. As used herein the term person includes every person, firm or corporation constructing a dwelling unit itself or through the services of any employee, agent or independent contractor.

b. As used herein the term dwelling unit includes each single family dwelling and each separate habitation unit of an apartment duplex or multiple-dwelling structure designated as a separate habitation for one or more persons although a part of the same building or structure. (§1, Ord. 1142, eff. August 30, 1972)

8-5.04 Capital Outlay Fund.

All of the sums collected pursuant to this chapter shall be deposited in the capital outlay fund and shall be used solely for capital expenditures as needed. (§1, Ord. 1142, eff. August 30, 1972)

8-5.05 Findings.

The City Council hereby declares that the fees required to be paid hereby are assessed pursuant to the taxing power of the City and solely for the purpose of producing revenue. The continued increase in the development of dwelling units and commercial development in the City with the attendant increase to the population of the City has created an urgency in that there are insufficient funds available for the increased demand for capital items required to serve the increasing population of the City. (§1, Ord. 1142, eff. August 30, 1972, as amended by §1, Ord. 1359, eff. June 30, 1978)