The total annexation fee or charge, computed from the basic sums established by resolution of the city council pursuant to Sections 1.08.020 and 1.08.030, may be reduced as follows:

    A.    Where a portion of the annexed territory is dedicated by the owners to the city or other public entity for park, recreation or school purposes pursuant to Sections 66477 and 66478 of the California Government Code or a portion in any event not to exceed twenty percent of the annexed territory is dedicated as or covenanted to be open or green space pursuant to a requirement of the planning commission, pursuant to authority granted to such commission by any ordinance of the city, such portion of the territory may be disregarded in the computation of total annexation fees or charges.

    B.    Where a portion of the territory to be annexed is devoted to a segment of an area-wide or regional drainage channel and by reason whereof such portion so devoted is rendered wholly unproductive except for such drainage purposes, such portion of area of the annexed territory may be disregarded in the computation of total annexation fees or charges.

    C.    Where a portion of the territory to be annexed consists of existing county, state, or federal street, road, or highway right-of-way or proposed future construction thereof, based on established mapped rights-of-way for such purposes, and where such portion or portions of such streets, or rights-of-way are of general benefit to the community, such portion or portions of such territory, to the extent of such general benefit, may be disregarded in computing such annexation fees or charges.

    D.    Where the territory to be annexed is more than ten acres and the development of said territory is restricted to not more than one single-family dwelling for each five acres, the total annexation fee or charge may be reduced so as to recognize the restricted use of the territory below the maximum density allowed by its zoning, provided such reduction shall be subject to the approval of the city council.

    E.    The city council may waive any portion of such annexation fees if it finds and determines that the territory to be annexed would ultimately improve the economy of the city by creating a substantial number of new permanent employment opportunities. (Prior code § 2A-04)