Sec. 754.301. - Intent.

It is the intent of the City to effectively manage the quantity of stormwater facilities and ponds constructed by developers within the City. The City desires to offer stormwater facility water quality compensatory credits for sale to developers, or provide such credits to developers as redevelopment agreement incentives, as an alternative solution to meeting the stormwater facility water quality requirements for drainage improvement projects within the City. (Ord. 2020-628-E , § 1)