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(2) No building permit or utility connection shall be issued if the <br />applicant cannot verify payment to staff of the appropriate impact <br />fee and other applicable fees or if existing facilities do not have <br />actual capacity to provide service to the new connections(s), except <br />for those entities that are exempted from impact fees as are <br />specifically set forth herein. <br />(3) The impact fee shall attach to the property for which the impact fee <br />was paid and shall not be transferable to other properties or service <br />units. <br />(c) Amount to be collected. The city shall compute the impact fees for a <br />new development in the following manner: <br />(1) The amount of each impact fee shall be determined by multiplying <br />the number of service units required for the new development by the <br />impact fee per service unit using the applicable rate in the applicable <br />schedule. The calculation of peak water demand development is <br />subject to review and approval by the director, using best water <br />utility industry and engineering practices and standards. <br />(2) The amount of each impact fee shall be reduced by any allowable <br />offsets or credits for that category of capital improvements, in the <br />manner provided in section 86.300. <br />(3) The total amount of each impact fee for the new development shall <br />be calculated and attached to the permit or utility application as a <br />condition of approval. <br />(4) Except as otherwise provided by contracts with political <br />subdivisions, developer's contracts, or wholesale customers, no <br />building permit shall be issued until all impact fees due and owing <br />have been paid to the city. <br />(d) Limit on fees. The amount of each impact fee for a new development <br />shall not exceed an amount computed by multiplying the assessment amount per <br />service unit under section 86.298 by the number of service units for the <br />development determined under this section. <br />(e) If a building or plumbing permit or an approved utility application <br />for which an impact fee has been paid has expired, and a new application is <br />thereafter filed, the impact fees shall be computed using the Schedule 1 rate in effect <br />at the time the new permit or application is filed, with credits for previously paid <br />fees being applied against the newly determined amount. <br />