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reimbursement fee and summing the result. 6. Excluding certain properties exempted from the aforementioned reimbursement fees, all property within the boundaries of Mountain House shall be subject to the Mountain House Master Specific Plan Reimbursement Fee and the Mountain House Specific Plan I Reimbursement Fee. The applicable reimbursement fee or fees shall be payable as a condition of, and upon the issuance of, any Development Permit, or any zoning or rezoning, affecting real property within the area covered by the Mountain House Master Specific Plan that: a) subdivides land as provided for in the Development Title, or creates a new parcel of real property; or b)creates, authorizes, permits or allows any use that affords the beneficial owner of any such real property access to, or use of, development entitlements provided by or pursuant to the Mountain House Master Specific Plan, or any Specific Plan, including Specific Plan I. 7. Property shall be exempt from the Mountain House Master Specific Plan Reimbursement Fee if: a) the subject property has previously fully met such fee obligation; b)the Development Permit to develop the subject property is for a public facility, and the applicant for the Development Permit is a public entity, and the subject property is owned by the public entity, and the public entity has not acquired the subject property through condemnation; or c) the Master Developer or the Master Developer's assignee submits a Development Permit application to the County to develop property within the area covered by the Master Specific Plan. 8. Property shall be exempt from the Mountain House Specific Plan I Reimbursement Fee if: a) the subject property has previously fully met such fee obligation or lies outside the area covered by Specific Plan I; b)the Development Permit to develop the subject property is for a public facility, and the applicant for the Development Permit is a public entity, and the subject ! property is owned by the public entity, and the public entity has not acquired the subject property through condemnation; or c) the Master Developer or the Master Developer's assignee submits a Development Permit application to the County to develop property within the area covered by Specific Plan I. 9. The fees collected pursuant to this Resolution shall be deposited in either the Master Specific Plan Reimbursement Fee Fund or the Specific Plan I Reimbursement Fee Fund, as appropriate. 10. The fees collected pursuant to this Resolution shall be invested to achieve a rate of return, and together with any interest earned on such fees shall be used only for the purposes set forth in the Ordinance. 11. Master Developer shall be entitled to receive one hundred percent(100%)of all revenues, including interest, generated by the aforementioned Base reimbursement fees. Said revenue shall be payable to the Master Developer within thirty(30) days of the conclusion of each calendar quarter. 12. The Specific Plan Reimbursement Program Technical Report, on file with the Community Development Department, is incorporated in this Resolution by reference. 13. The following definitions shall be applicable to this Resolution: Base Mountain House Master Specific Plan Reimbursement Fee. "Base Mountain House Master Specific Plan Reimbursement Fee" means the cost-per-acre fee specified in the Specific Plan Reimbursement Program Technical Report, obtained by dividing the total cost incurred by Trimark Communities, Inc. for the preparation and adoption of the Mountain House Master Specific Plan and related Supporting Documents by the total gross acreage within the area covered by the Mountain House Master Specific Plan as of the date of its 13