§ 22-61. Impact fee trust fund and use of monies.

(a)

The board of county commissioners hereby establishes a separate trust account for the library impact fees, to be designated as the "library impact fee trust account," which shall be maintained separate and apart from all other accounts of the county.

(b)

The monies deposited into the library impact fee trust account shall be used solely for the purpose of constructing or improving the county library system, including, but not limited to:

(1)

Design and construction plan preparation;

(2)

Permitting and fees;

(3)

Land acquisition, including any costs of acquisition or condemnation;

(4)

Construction and design of new library facilities;

(5)

Design and construction of new drainage facilities required by the construction of improvements and additions to the county library system;

(6)

Relocating utilities required by the construction of improvements and additions to the county library system;

(7)

Landscaping;

(8)

Construction management and inspection;

(9)

Surveying, soils and materials testing;

(10)

Acquisition of collection items, public access computers and other capital equipment utilized by the county to provide library services within the county library system;

(11)

Repayment of monies transferred or borrowed from any budgetary fund of the county after January 1, 2004, which were used to fund any growth impacted construction or improvements as herein defined;

(12)

Costs related to the administration, collection and implementation of the library impact fee; and

(13)

Payment of principal and interest, necessary reserves and costs of issuance under any bonds or other indebtedness issued by the county to provide funds to construct or acquire growth necessitated capital improvements or additions as provided herein.

(Ord. No. 2007-60, § 1, 12-11-07)