A.    There is hereby established a regional transportation mitigation fee, the proceeds of which shall be placed in the trust fund established by NCTC and used to construct the transportation improvements and provide the additional capacity needed to accommodate the traffic generated by the development of land in Western Nevada County.

    B.    The amount of the mitigation fee shall be based on the trip generation rate and as recommended by NCTC. The city council shall adopt, by resolution, the fee amount recommended by NCTC. The NCTC shall annually review and, if necessary, amend the amount of the recommended mitigation fee to insure that it is a fair and equitable method of distributing the costs of the improvements necessary to accommodate traffic volumes generated by future growth.

    C.    The city council shall annually review and, if necessary, amend the amount of the mitigation fee to insure that it is a fair and equitable method of distributing the costs of the improvements necessary to accommodate traffic volumes generated by future growth. If the amount of the recommended mitigation fee is amended by NCTC pursuant to NCTC’ s annual review, the city council shall amend its fee amount accordingly.

    D.    No tract map, parcel map, conditional use permit, land use permit, or other entitlement shall be approved unless payment of the mitigation fee at the time a building permit is approved as a condition of approval for the entitlement. The fee shall be paid to the city.

    E.    No building or similar permit, certificate of occupancy or business license reflecting a change of use, shall be issued unless the applicant has paid the mitigation fee.

    F.    Mitigation fees shall be imposed and collected by the city and shall be transmitted to NCTC to be placed in the Western Nevada County transportation mitigation trust fund. All interest or other earnings of the fund shall be credited to the fund. (Ord. 591 (part), 2001)