The city shall require an impact aid payment or administrative fee each time that bonds are issued under the provisions of this chapter in order to enable the city to defray, in whole or in part, costs associated with the development, administration and expansion occasioned by the project. The impact aid payment or administrative fee shall not exceed one percent of the principal amount of the bonds then issued and shall be fixed by resolution adopted prior to the issuance of the bonds. The impact aid payment or administrative fee shall not constitute a part of the revenues and receipts of a project or derived from a project. (Ord. 337 § 3, 1986)