(3) Nothing in this section sha71 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 />ments 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 shall 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, 7.710, 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 any applicable <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 SDC - Systems Development Charge Established. <br />(1) Unless otherwise exempted by the provisions of sections 7.700 <br />to 7.74.0 or other local or state law, effective July 1, 1991 a systems Bevel- <br />opment charge is hereby imposed .upon a71 new development within the city, and <br />any structure inside or outside the boundary of the city that connects to or <br />otherwise 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 and shall be established as provided <br />in section 2.020 of this code.. When required by council resal.ution 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} The methodology used to establish a reimbursement fee shall <br />Ordinance - 6 <br />