§ 23-72. Refund of fees paid.

(a)

If a building permit or certificate of use expires, is revoked or is voluntarily surrendered and is, therefore, voided, and no construction or improvement of land (including moving a mobile home or recreational vehicle on to land) has been commenced, then the current parcel owner of record, upon application to the county, shall be entitled to a refund of the educational facilities impact fee paid as a condition for its issuance, except that three (3) percent of the fee paid shall be retained as an administrative fee to offset the cost of processing the refund. The current parcel owner of record shall be entitled to a refund equal to ninety-seven (97) percent of the educational facilities impact fee paid. No interest shall be paid on refunds under this section.

(b)

Any funds not expended or encumbered by the end of the calendar quarter immediately following ten (10) years from the date the educational impact fee was recorded as revenue by the county shall, upon application of the current parcel owner of record within one hundred eighty (180) days of the expiration of the ten-year period, be refunded to the current parcel owner of record by the county school board with interest at the county's average annual rate of return.

(Ord. No. 86-26, § 9, 10-28-86; Ord. No. 93-7, § 9, 3-25-93; Ord. No. 96-15, § 9, 7-16-96; Ord. No. 97-15, § 9, 7-7-97; Ord. No. 01-16, § 9, 10-23-01; Ord. No. 2005-05, § 10, 6-2-05; Ord. No. 2013-9, § II, 3-12-13)