A. Requiring new development to pay its proportionate share of the costs incurred by the Town that are associated with providing Necessary Public Services to new development.

B. Setting forth standards and procedures for creating and assessing development impact fees consistent with the requirements of Arizona Revised Statute ("A.R.S.") §9-463.05, as amended, including requirements pursuant to A.R.S. §9-463.05, Subsection K that, on or before August 1, 2014, the Town replace its development impact fees that were adopted prior to January 1, 2012, with development impact fees adopted pursuant to the requirements of A.R.S. §9-463.05 as amended by the state legislature in SB 1525, Fiftieth Legislature, First Regular Session.

C. Providing for the temporary continuation of certain development impact fees adopted prior to January 1, 2012, until otherwise replaced pursuant to this Article, or longer where such development impact fees were Pledged to support Financing or Debt for a Grandfathered Facility as permitted by A.R.S. §9-463.05, Subsections K, R, and S.

D. Setting forth procedures for administrating the development impact fee program, including Offsets, Credits, and refunds of development impact fees. All development impact fee assessments, Offsets, Credits, or refunds must be administered in accordance with the provisions of this Article.

This Article shall not affect the Town’s zoning authority or its authority to adopt or amend its General Plan; provided, that planning and zoning activities by the Town may require amendments to development impact fees as provided in Section 7-10-6 of this Article. (14-06, Amended, 06/19/2014; 00-21, Added, 11/16/2000, Approved by Council, Effective 2/15/01 at 12:01 a.m.)