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consider the cost of then-existing facilities, prior contributions by then- <br />existing,users, the value of unused capacity, rate-making principles employed <br />to finance publicly owned capital improvements, and other relevant factors <br />identified by the city manager. The methodology shall promote the objective <br />that future systems users shall contribute an equitable share of the cost of <br />then-existing facilities. <br />(2) The methodology used to establish the public improvement <br />charge shall consider the cost of projected capital improvements needed to <br />increase the capacity of the systems to which the feeds related and shall <br />provide for a credit against the improvement fee for the construction of any <br />qualified public improvement. <br />(3) The methodology may also provide for a credit as authorized in <br />subsection 7.730(4). <br />(4) Except when authorized in the methodology adopted under sub- <br />section 7.710(3), the fees required by this code which are assessed or col- <br />iect~d as part of a local improvement district or a charge~in lieu of a local <br />improvement district assessment, or the cost of complying with requirements <br />or conditions imposed by a land use decision are separate from and in addi- <br />tion to the systems development charge and shall not be used as a credit <br />against such charge. Nothing in this subsection shall prevent the collec= <br />tion of a system development charge in connection with a local improvement <br />assessment or charge in lieu of a local improvement district assessment. <br />(5) The methodologies used by the city manager for establishing <br />the systems development charge shall be established by administrative order <br />adopted following the procedures in section 2.020 of this code and may be <br />adopted and amended concurrent with the establishment or revision of the <br />systems development charge. <br />7.715 SOC - Compliance With State Law. <br />(1) The revenues received from the systems development charges <br />shall be budgeted and expended as provided by state law. The accounting of <br />such revenues and expenditures required by state law shall be included in <br />the city's Comprehensive Annual Financial Report required by ORS chapter 294. <br />(2) The capital improvement plan required by state law as the <br />basis for .expending systems development charge revenues for capital improve- <br />ments shall be the Eugene Capital Improvements Plan (CIP) and the Metropoli- <br />tan Area General Plan as adopted by the council (Plan), or the capital im- <br />provement plan adopted by another governmental body which was used by the <br />city manager in establishing the methodology for the systems development <br />charge provided such capital improvement plan is. consistent with the CIP and <br />the Plan. <br />7.720 SDC - Collection of Charge. <br />(1) After adoption of the applicable methodology, a systems devel- <br />opment charge is payable upon issuance of: <br />(a) A building permit; <br />(b) A development permit far development. not requiring the <br />issuance of a building permit; or <br />(c) A permit to connect to the water, sanitary sewer or storm <br />sewer systems or in anticipation of the issuance of such a permit <br />at the, time ,of levying a local. improvement district assessment for <br />Ordinance - 7 <br />