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Any new, large, retail development applying for and receiving a traffic impact fee funding source adjustment pursuant to this chapter is required to stay in business a minimum of 10 years from the date of the certificate of occupancy. If the applicant closes the retail business within 10 years of the certificate of occupancy, an amount equal to 50 percent of the traffic impact fees paid back pursuant to a funding source adjustment made pursuant to this chapter must be repaid to the City within 60 days of the retail business closing. If the closure occurs within the four-year pay back period, any payment not yet made by the City will not be required to be made, and any payments made must be repaid to the City within 60 days of the retail business closing. (Ord. 09-07 § 1)