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1. Waiver for “Public Purpose.” The City Council may, on a project by project basis, authorize exceptions or adjustments to the impact fee rate structure for those projects the City Council determines to be of such benefit to the community as a whole to justify the exception or adjustment. This option is available to: (i) respond to unusual circumstances in specific cases, (ii) ensure that the impact fees are imposed fairly, (iii) exempt low income housing and other development activities from impact fees to pay for the development activity, and (iv) induce certain development that will generate sales tax, property tax or franchise tax in an amount sufficient to defray a fair cost of the infrastructure being provided.

a. Procedures. Applications for exceptions are to be filed with the City at the time the applicant first requests the extension of service to the applicant’s development or property. Upon receipt of an application, the City Council shall cause a study to be completed, which will evaluate the net economic value received compared to the magnitude of impact fees being waived.