(a) The City shall establish a trafficway impact fee account for each benefit area, as designated by the City Engineer, for each trafficway capital improvement for which a trafficway impact fee is imposed, and trafficway impact fees collected shall be deposited in each such account according to type of improvement and benefit area. The funds of the account shall not be commingled with other funds of the City.

(b) Each trafficway impact fee account shall be interest bearing and the accumulated interest shall become a part of the account.

(c) The funds of each account shall be expended within the benefit area exclusively for the trafficway capital improvements for which the trafficway impact fees were collected. (Ord. 18273 § 9, 6-22-04. Code 1995 § 130-768.)