Street improvement charges in Section 23, Township 19 North, Range 28 East, W.M., constructed with city funds as part of the Alder Street Extension Project 2003 shall be assessed on the properties described below. The charge shall be paid upon property subdivision or application of a building permit. The reimbursement shall be in addition to other permit fees that are due.

The above reimbursement rates shall be adjusted upward commencing on June 1, 2006 by the change in January to January all West Coast Cities CPI-Index issued in 2005 and shall be so adjusted each June 1 thereafter using the same index. (Ord. 2229, 8/9/05; Ord. 2163, 4/27/04)