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A credit, not to exceed the transportation impact fee otherwise payable, shall be provided for the actual value of any dedication of land for, improvement to, or new construction of any transportation system improvements provided by the developer to facilities that are identified in the capital transportation facilities plan and required by the City as a condition of approving the development activity subject to the permit. [Ord. 3719 § 1, 2005; Code 1970 § 3.132.070.]