Oklahoma City Municipal Code § 60-16-1 Fee in lieu of on-site stormwater detention facilities.
§ 60-16-1. - Fee in lieu of on-site stormwater detention facilities.
Fee = $0.075 per square foot of impervious surface installed or constructed from January 24, 1989, to June 30, 1989.
Thereafter, the fee shall be adjusted on July 1, 1989, and annually on July 1 of each year thereafter in accordance with the following formula:
Fee = ($0.075)(X)(Y/Z)
Where:
$0.075 | = | the base fee per square foot of impervious surface.
X | = | the number of square feet of impervious surface installed or constructed.
Y | = | "Engineering News Record": Twenty City Average Construction Cost Index as published the last week of June of the most current year.
Z | = | "Engineering News Record": Twenty City Average Construction Cost Index as published the last week of June in the year of 1988.
The City incurs processing costs when accepting payments made by credit and debit cards. Therefore, a Service Fee of 2.7 percent shall be added to the costs set forth in this Section 60-16-1 if payment is made with a credit or debit card.
(Ord. No. 16505, § 15A-6C, 12-29-81; Ord. No. 16537, 1-12-82; Ord. No. 16721, 6-22-82; Code 1980, § 16-9; Ord. No. 18434, § 1, 4-1-86; Ord. No. 19145, § 1, 1-24-89; Ord. No. 27978, § 32, 11-18-25)
