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There are three components of the integrated transportation program (ITP). These components are as follows:

(1) Transportation concurrency management (TCM), by which City of Covington will regulate new development based on adequate transportation improvements needed to maintain level of service standards, in accordance with RCW 36.70A.070(6) and the City of Covington comprehensive plan.

(2) Mitigation payment system (MPS), by which City of Covington will apply transportation impact fees to new development for collecting a fair and equitable share of transportation improvement costs that are needed in accordance with Chapter 82.02 RCW and the City of Covington comprehensive plan.

(3) Intersection standards (IS) by which City of Covington will evaluate intersections affected by new development to assure safe and efficient operation and that improvements to mitigate the adverse impacts of such developments are completed, in accordance with the State Environmental Policy Act (SEPA), and the City of Covington comprehensive plan. (Ord. 38-02 § 2 (12.65.010))