15.24.090 Impact fee assessment and collection.
A. Impact Fee Determination. Except as provided in subsection B of this section, the mayor or his/her designee shall determine the total impact fee owed at the time of building permit issuance based on the fee schedule in effect at the time of such issuance.
B. Deferral of Impact Fee Payment.
1. For single-family detached or attached single-family residential dwelling units only, impact fee payment may be deferred until final inspection or up to eighteen months from the date of issuance of the building permit, whichever occurs first. Deferral shall only be allowed when, prior to issuance of the building permit, the applicant:
a. Submits a deferred impact fee application, in a form provided by the city, for the project regarding which the applicant is requesting deferral of the impact fee payment; and
b. Grants and records a deferred impact fee lien against the subject property, in a form provided by the city, in favor of the city of Algona. The content, form and procedure for execution, recording, enforcement, foreclosure and release of the deferred impact fee lien shall be in accordance with RCW 82.02.050. Recording and release of the deferred impact fee lien shall be at the sole expense of the applicant.
Applications for an impact fee deferral shall be accompanied by payment of an administrative fee as established in the city’s adopted fee schedule.
2. Each applicant for a single-family residential construction permit is entitled to annually receive (per calendar year) deferral for only the first twenty single-family residential construction building permits. For the purposes of this subsection, an “applicant” includes an entity that controls the applicant, is controlled by the applicant, or is under common control with the applicant.
3. The city shall withhold approval of final inspection until the deferred impact fees are paid and collected.
4. The amount of impact fees deferred under this subsection B shall be determined based on the fee schedule in effect at the time the applicant submits a complete deferred impact fee application form.
C. Permit Issuance. Except as provided for in subsection B of this section: (1) the impact fee shall be collected at the time of building permit issuance, and (2) the city shall not issue a building permit unless and until the impact fee required pursuant to this chapter has been paid. (Ord. 1209-22 § 1, 2022; Ord. 956-04 § 9).