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The excise tax to be paid on a final plat pursuant to this Ordinance shall be credited in full, or in part, for:

(A) After March 1, 1999, any land within any final plat which in whole or in part was or will be specially assessed for main trafficway improvements.

(B) Land permanently dedicated on a final plat to the City as a floodway area, public open space or for recreational use. Such area shall not include land required to be dedicated for street right of way.

(C) Land within any final plat where the developer has constructed all or a portion of an adjacent main trafficway. (Ord. 98-106 § 6, 1998.)