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TUSTIN, CITY OF (TSIA - COMPLETE COPY-2012
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TUSTIN, CITY OF (TSIA - COMPLETE COPY-2012
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developer may be - ) tied to full or partia` eimbursement by the <br />Authority for the cost of such traffic improvement. <br />F. Based upon its adopted programs for transportation <br />system improvements for each of the TSIP Areas and upon <br />anticipated future development within each of the TSIP Areas, the <br />Authority shall annually review and establish appropriate <br />development fee levels for each of the TSIP Areas and shall <br />request modifications to the fee program which each party agrees <br />it will adopt. <br />G. Neither party to this Agreement shall allow a developer <br />to off -set against its development fee obligations the cost of <br />public improvements constructed by such developer unless the <br />Authority approves such off -set or unless such off -set conforms <br />to such rules as the Authority may approve with regard to off- <br />sets generally. Any off -set .allowed in violation of this <br />subsection shall be deemed a special exemption or reduction <br />subject to subsection (h) of Section 3 above. <br />H. Consultant Agreements <br />The governing board may approve contracts on behalf of the <br />Authority to obtain the services of professional consultants to <br />assist the Authority in the exercise of the abovesaid powers. <br />Payments pursuant to any such contract shall be an authorized <br />expenditure of Authority money. Alternatively, the governing <br />board may authorize transfer of Authority money to either party <br />hereto to pay for the cost`of such Consultant Agreements. <br />1. Bonds and Notes <br />The Authority shall also have the power to issue, sell and <br />deliver, in accordance with the provisions of the Act, (i) bonds <br />16 <br />
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