If a developer is required, as a condition of approval of a permit or other entitlement, to construct a public facility that has been designated to be financed with traffic impact fees, a credit against the fee otherwise established by this chapter concerning the development project for the developer’s actual cost of constructing the public facility in an amount not to exceed the cost of such public facilities as estimated by the city in adopting the fee shall be offered by the city and, if the fee is less than such amount, the developer shall be entitled to reimbursement. Reimbursement shall be from traffic impact fee revenues only. (Ord. 2444 NCS §6 (part), 2012.)