Sec. 19-49. Qualified school districts.
(a) "Qualified school district," for purposes of this article, shall be any elementary school district operating within the municipal boundaries of the city which:
(1) Adopts a resolution stating its intention to cooperate with the city in the implementation of general and specific plans of the city, in determining suitable locations for elementary school sites, and to pay fees, as appropriate, for services rendered by the city to the school district; and
(2) Establishes a special fund for revenues received pursuant to this article and agrees to restrict the use of those revenues to elementary school site acquisition and improvements, which may include the construction of classrooms; and
(3) Files a report with the finance director on or about September 1 of each year itemizing any expenditures from the aforementioned special fund during the previous fiscal year.
(b) A qualified school district shall be entitled to receive school site fee revenues paid pursuant to this article for development which takes place within the boundaries of that elementary school district.
(c) In the event a school district becomes disqualified under the terms of this section, the director of community development shall present those facts to the city council. If the city council makes a finding that the school district is no longer qualified, the city shall terminate the collection of school site fees on development which takes place within the boundaries of the disqualified school district. (Ord. No. 1733 (NCS), § 1.)