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<br /> ~ yj ~ <br /> i <br /> ii . <br /> 7.2.3.1 Pre-existing Development Credit <br /> When an applicant for development of vacant land provides reasonable evidence <br /> cture s which were demoljshed <br /> I im roved with stru <br /> revious <br /> t the land was ( ) <br /> tha <br /> Y P <br /> p <br /> within 5 years of the application, a reduction for the demolished structure(s) shall <br /> be granted provided a reduction for the demolished structure(s) has not been <br /> previously given. <br /> i <br /> 7.2.4 City Cost of Construction Credit <br /> In calculating the credits given under this section the City Manager or the Manager's <br /> designee shall estimate the cost of the capital improvement based upon what the City <br /> would pay were it to construct such improvements. <br /> ~ , <br /> j 7.2.5 Revenue Collection for Equivalent Assessment or Special Benefit Credit <br /> ii <br /> When an equivalent assessment or a special benefit assessment is collected when new <br /> ~,I <br /> development connects to a public improvement for which the City has granted a credit <br /> e <br /> Ilected net of the costs of collection shall b <br /> above the revenue co ) <br /> under 7.2.2 c <br /> ( <br /> deposited in the SDC fund for the system to which connection, was made and for which the <br /> credit was given unless the SDC fund has been reimbursed for the credit from other City <br /> ed in advance from other Cit funds, the revenue <br /> funds. If the SDC fund has been reimburs Y <br /> collected will be deposited to the City fund which reimbursed the SDC fund. <br /> ~'I 7.3 Revocation of Credit and Impact Reduction <br /> If a capital improvement is not constructed or a program is not instituted or ceases to function <br /> as designed, for which a credit or impact reduction in SDCs has been given within the time <br /> required by these Methodologies, the credit or impact reduction may be revoked and the unpaid <br /> onion of the SDC reim osed as a lien against the property. Such revocation shall not occur <br /> p <br /> P <br /> an o ortuni to be heard afforded the <br /> en da s rior written notice has been iven to and pp ty <br /> until t 9 <br /> Y p <br /> pemrttee and property owner. If the credit or impact reduction is revoked, the City Manager or <br /> the Manager's designee may add to the amount due, the cost of the revocation proceedings. <br /> 7.4 Application for Credit and Impact Reduction <br /> An application for a credit or impact reduction, including related documentation and information, <br /> shall be submitted by the applicant in the manner prescribed by the City, together with any fee <br /> set by the City Manager pursuant to E.C. 2.020. The applicant shall have the burden of <br /> demonstrating the eligibility for a credit with clear and convincing evidence. No credit or impact <br /> reduction shall be granted for an SQC that has already been imposed, collected or agreed to be <br /> paid in installments. <br /> j , <br /> March 01, 1997 Methodologies: City of Eugene SDCs Page 13 <br /> <br />