The city council of the city of Lynnwood hereby finds and determines that development activities, including but not limited to new residential, commercial, retail, office, and industrial development, in the city of Lynnwood will create additional demand and need for transportation facilities in the city, and the council finds that such development activity should pay a proportionate share of the cost of new transportation facilities needed to serve the development activity. The city of Lynnwood has conducted extensive research and analysis documenting the procedures for measuring the impact of new development activity on public facilities, and has prepared and relied upon an appropriate rate study relating to the establishment of TrIFs. The rate study utilizes a methodology for calculating TrIFs that fulfills all of the requirements of RCW 82.02.060(1). A copy of the rate study relied upon by the city shall be kept on file with the city of Lynnwood public works department and is available to the public for review. Pursuant to Chapter 82.02 RCW, the council adopts this chapter to assess TrIFs for streets and roads. The provisions of this chapter shall be liberally construed in order to carry out the purposes of the council in establishing the TrIF program. (Ord. 2850 § 3, 2010)