,, >~ <br />(3) ,Nothing in this section shall prevent the city from creating <br />a-local improvement district for street improvements under section 7.175 upon <br />a determination .that an existing street improvement for which the city has <br />given credit under subsection 7.730(3) and (4) is determined to specially <br />benefit property that did not pay for, the. street improvements. Such assess- <br />menu-shall be calculated upon the greater of the amount of credit given by <br />the city or the cost of constructing a similar street improvement~at the time . <br />of the formation of the local improvement. district. If_a property has been <br />given an equivalent assessment under subsection 7.407(1) it may not be <br />assessed .again for the same street improvements. <br />(4) The equivalent assessment required by this section shall be <br />,used "for. street purposes and sha11~ be in addition to .all other fees. and <br />assessments required by this code. <br />Section 5. .Chapter 7 of .the Eugene Code, 1971, is' amended by adding - <br />the following Sections. 7.700, 7.702, 7.705, 7.71D, 7.715, 7.720, 7.725,.7..730, <br />7,735, and 7.740 thereto, to provide: <br />7.700 SDC -Purpose. The purpose of the systems development charge is <br />to impose an equitable ..share of the public cost of capital improve- <br />ments upon. those developments that create the need for or increase the <br />demands on capital improvements. <br />7.702 SDC -Scope: The systems development charge imposed .by sections <br />7.700 to 7.740 is separate from and in addition to..anyapplicable <br />tax, assessment, charge, fee in lieu of assessment, or fee otherwise provided <br />by law or the cost of complying with requirements or conditions imposed upon. <br />a land use development. A systems development charge is to be considered in <br />the .nature of a charge for service rendered. or to be rendered, a service <br />hookup charge, or a charge for facilities provided or to be provided... , <br />7.705 SOC.- Systems Development Charge Established. <br />(1) Unless otherwise exempted by the provisions of sections 7.700 <br />to 7.740. or `other loyal or state law, effective July 1, 1991 a systems Bevel- <br />opment`charge is hereby imposed upon all new. development within the city, and <br />any structure inside or outside the boundary of the city that connects to; or <br />o herwise uses the sanitary sewer. system or storm sewer system of the city. <br />(2) Systems development charges for each type of capital improve- <br />ment provided by the city may be-created arrd-shall be established as provided <br />in section 2.020 of this code. When required by council-resolution or <br />council authorized intergovernmental agreement a systems development charge <br />for a capital improvement 'provided by another government shall be established <br />` as provided in 'section 2.020 of this code.. ,. <br />7.710 SDC -Methodology. <br />(1) Thee methodology. used to establish a reimbursement fee .shall <br />.Ordinance - 5 <br />