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3. Calculation of Impact Fees. The amount of impact fees to be deferred under <br />this chaptersection shall be determined as of the date the request for deferral is submitted. <br />gC. Deferral Term. The term of an impact fee deferral granted under this <br />chaptersection may not exceed 18 months from the date the building permit is issued <br />("Deferral Term"). If the condition triggering payment of the deferred impact fees does not <br />occur prior to the expiration of the Deferral Term, then full payment of the impact fees <br />shall be due on the last date of the Deferral Term. <br />D. Deferred Impact Fee Lien. <br />1. Applicant's Duty to Record Lien. An applicant requesting a deferral under <br />this chapter section must grant and record a deferred impact fee lien, in an amount equal <br />to the deferred impact fees, against the property in favor of the City in accordance with <br />the requirements of RCW 82.02.050(3)(c). <br />2. Satisfaction of Lien. Upon receipt of final payment of all deferred impact fees <br />for the property, the City shall execute a release of deferred impact fee lien for the <br />property. The property owner at the time of the release is responsible, at his or her own <br />expense, for recording the lien release. <br />E. Limitation on Deferrals. Each applicant for a single-family residential <br />construction permit, in accordance with his or her contractor registration number or other <br />unique identification number, is entitled to annually receive deferrals for the first 20 single- <br />family residential construction building permits. <br />identification number, per year. <br />16.26.095 Fire Impact Fcc Deferral <br />Urban Center Transit Oriented Development (TUC TOD) zoning district, fee deferrals of <br />following criteria are met: <br />1. The property owner must submit a tel <br />application clgarly depicting the project for which the fee deferra <br />agreement will apply. <br />be submitted to the City no later than December 31, 2016. <br />TOD zoning district per Figure 18 16, District Map, in Title 18 of the Tukwila Municipal <br />Code. <br />4. The project must include at least 100 residential units and at least 50 percent <br />W: Word Processing\Ordinances\Fire Impact Fees -TMC 16.26 re-enacted strike-thru 11-6-17 <br />PM:bjs <br />14 <br />Page 10 of 12 <br />