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In consideration of the current development environment and in an effort to incentivize development activity, the PIFs identified in the rate study shall be phased in over a period of as follows:

A. From the effective date of the ordinance codified in this chapter through December 31, 2019, the applicant shall be required to pay 80 percent of the fee amount identified in the rate study, as stated in LMC 3.104.030; and

B. Beginning January 1, 2020, an applicant shall be required to pay 100 percent of the fee amount identified in the rate study, as stated in LMC 3.104.030. (Ord. 3288 § 3, 2018)