Street improvements consisting of improving Ninth Avenue through the intersection of Garden Drive with City funds shall be reimbursed by the below referenced property owner upon property subdivision, or upon development that causes additional traffic or building permit. The assessment shall be in addition to the other permit fees that are due. The property in the referenced reimbursement area as set forth below shall be assessed $11,527 reimbursement fee.

The reimbursement fee area shall comprise of Grant County Parcel Number 110322000, described as the Tax # 3821 in the SW, NE 1/4, Section 23, Township 19 North, Range 28 East, W.M., less Tax #’s and plats.

The above reimbursement rates shall be adjusted upward commencing on June 2, 2010 by the change in the January to January all West Coast Cities CPI-index issued in 2009 and shall be so adjusted each June1 thereafter using the same index. (Ord. 2413, 8/26/08)