A. The school district shall expend the impact fees for facilities approved by the school capital facilities element of the city’s comprehensive plan.

B. The school district shall expend or encumber impact fees within six years of receipt by the city; provided, that the school district may expend or encumber impact fees more than six years after receipt where the city determines, pursuant to written finding entered within the six-year period, and based on evidence provided by the school district, that there is an extraordinary and compelling reason for the impact fees to be expended or encumbered more than six years after receipt. (Ord. 93-05 § 13, 1993)