Sec. 754.302. - Definitions.

For purposes of this Part, the terms defined below shall have the following meanings: (1) CAO shall mean the City's Chief Administrative Officer. (2) City Stormwater Permit shall mean the St. Johns River Water Management District permit for each applicable Stormwater Management Facility, as such permit may be amended. (3) Developer the owner of a development project seeking Credits under this Part. (4) Development project shall mean a development project located within the City. (5) Director shall mean the Director of the Public Works Department or designee. (6) Stormwater Facilities or Stormwater Facility shall mean a City owned facility or facilities that meet the definitions in Sections 754.102 (cc), (dd), (ee) and (ff) of Chapter 754 , Part 1 of the Ordinance Code. (7) Water Quality Compensatory Credit(s) or Credit(s) shall mean intangible property interest being sold by the City pursuant to this Section that represents a certain portion of the City's surplus stormwater facility water quality compensatory credits under a City Stormwater Permit. (8) Water Quality Compensatory Credit Ledger or Ledger shall mean the ledger to be maintained by the Director and updated regularly as needed to document all Credit transfers made by the City pursuant to this Section. (Ord. 2020-628-E , § 1)