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ORDINANCE NO. 4721-1018 PAGE 6 <br /> 1 $1 5 522 8,999.71 <br /> 1 1/2 $3-17844 17,945.39 <br /> 2 $'19,671 28,723.43 <br /> (B) In the event that a one inch meter is required solely as a result of a house <br /> RESIDENTIAL UNIT being equipped with an automatic fire sprinkler system, <br /> the development fee to be assessed pursuant to this <br /> section shall be based on a 5/8" X 3/" meter size; provided, however, that this <br /> subsection shall not apply to residences 5,000 square feet or more in size. <br /> (C) In the event that an upsizing of meter size is required as a result of remodeling, <br /> renovation or expansion of a structure, the development fee to be assessed <br /> pursuant to this section shall be the difference between the development fee for <br /> the upsized meter versus the development fee for the existing meter according to <br /> the fee schedule in effect at the time of the application for the upside UPSIZED <br /> meter. <br /> (D) For water meters and/or service lines greater than two inches (2"), and for meters <br /> utilized for irrigation only, the development fees to be assessed pursuant to this <br /> section shall be determined by the Public Works Director on the basis of <br /> projected water use stated in gallons per day, using the following formula: <br /> Development fee = (fee for 5/8" X 3/") meter x (applicant's projected gallons per <br /> day [GPD] water use/residential equivalent unit water use of 235 GPD). <br /> (E) The development fees to be assessed pursuant to this section shall be offset by <br /> any fees paid by an applicant pursuant to PCC Section 2-1-12-(I). <br /> (F) Fees collected pursuant to this section may only be used for the-ac <br /> upgrades PURPOSES RELATED to the City's water production, treatment, <br /> transmission and distribution system as may be authorized pursuant to Arizona <br /> Revised Statutes section 9-463.05, AS AMENDED. <br /> (6) T" icn ch !! be incroasod by five percent (5%) on <br /> May 1, 2007, and shall be increased five percent (5%) per annum each May 1 <br /> thereafter. <br /> SECTION 5. THAT Section 3-14-15 of the Prescott City Code, entitled "Building <br /> Regulations; Development Fees; Development Fees for Wastewater System Impacts," is <br /> hereby deleted in its entirety and reserved for future use. <br /> SECTION 6. THAT the Mayor, the City Manager, the City Clerk and the City <br /> Attorney are hereby authorized and directed to take all steps and to execute all <br /> documents necessary to carry out the purpose and intent of this Ordinance. <br />