19.53.120 Residential impact fee deferral.
A. In compliance with the requirements of RCW 82.02.050, the city authorizes an impact fee deferral request process for single-family residential construction. Subject to the limitations imposed in this code, the provisions of this section shall apply to all building permit applications for single-family detached and single-family attached residential construction. For the purposes of this section, an “applicant” includes an entity that controls the named applicant, is controlled by the named applicant, or is under common control with the named applicant.
B. Applicants for single-family attached or single-family detached residential building permits may request to defer payment of required impact fees until the sooner of:
1. Final inspection; or
2. The closing of the first sale of the property occurring after the issuance of the applicable building permit.
C. A request for impact fee deferral shall be declared at the time of preliminary plat application (for platted development) or building permit application (for nonplatted development) in writing on a form or forms provided by the city, along with applicable application fees.
D. The amount of impact fees to be deferred shall be determined by the city as of the date the request for deferral is submitted.
E. The term of an impact fee deferral granted under this chapter may not exceed eighteen months from the date the building permit is issued (“deferral term”). If the condition triggering payment of the deferred impact fees does not occur prior to the expiration of the deferral term, then full payment of the impact fees shall be due on the last date of the deferral term.
F. Deferred Impact Fee Lien.
1. Applicant’s Duty to Record Lien. An applicant requesting a deferral under this chapter must grant and record a deferred impact fee lien, in an amount equal to the deferred impact fees, against the property in favor of the city in accordance with the requirements of RCW 82.02.050(3)(c).
2. Satisfaction of Lien. Upon receipt of final payment of all deferred impact fees for the property, the city shall execute a release of deferred impact fee lien for the property. The property owner at the time of the release is responsible, at his or her own expense, for recording the lien release.
G. The deferral entitlements allowed under this chapter shall be limited to the first twenty single-family residential construction building permits per applicant, as identified by contractor registration number or other unique identification number, per year. (Ord. 3830-21 § 3, 2021.)