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(1) The RFA shall establish a fire impact fee account. The account shall be an interest-bearing account, and the fire impact fees received shall be prudently invested in a manner consistent with the investment policies of the RFA.

(2) For administrative convenience while processing the fee payments, fire impact fees may be temporarily deposited in a City account. On a monthly basis, the City shall deposit the fire impact fees collected for the district in the district’s fire impact fee account or pursuant to the accounting procedures established by the City’s Finance Department. (Ord. 08-17 § 2 (Exh. A))