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I 11.E.b I <br /> Prescott City Code Page 5/5 <br /> CHAPTER 3-14:DEVELOPMENT FEES <br /> (E)Fees collected pursuant to this section may only be used for purposes related to the City's wastewater treatment <br /> and collections system,as identified in the City's most recent infrastructure improvement plan("IIP")and <br /> authorized pursuant to A.R.S. § 9-463.05.(Ord.4889-1427,6-24-2014) <br /> 3-14-14 NONREFUNDABLE DEVELOPMENT FEES: <br /> (A)There will no monetary or equitable payout by the City in the event that the differential between the current <br /> development fee and past development fee paid for by an applicant yields a credit. <br /> (B)The payment of development fees is nonrefundable.(Ord.4889-1427,6-24-2014) <br /> 3-14-15 NONTRANSFERABILITY OF DEVELOPMENT FEES: <br /> (A)All development fees paid pursuant to the Prescott City Code shall apply to the real property upon which the <br /> improvement is located. <br /> O <br /> (B)Development fees are not transferable between properties. - o, <br /> 0 <br /> (C)Development fees shall apply to a single property and may not be transferred between properties.(Ord.4889- <br /> 1427,6-24-2014) <br /> a) <br /> a <br /> ca <br /> a <br /> E <br /> co <br /> ti <br /> N <br /> e- <br /> .0 <br /> x <br /> w <br /> a <br /> co <br /> co <br /> o) <br /> 0 <br /> N <br /> O <br /> • <br /> O <br /> w <br /> C <br /> cn <br /> d <br /> 3.: <br /> C <br /> a) <br /> E <br /> t <br /> c., <br /> of <br /> a <br /> The Prescott City Code is current through Ordinance. <br /> Packet Pg. 187 I <br />