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The applicant desiring to be reimbursed for his cost incurred by reason of installation of a water main extension to serve a subdivision to be constructed by the applicant and the water main is or will be of benefit to properties outside the subdivision, may be reimbursed, at the discretion of the city council, for his cost.

A. Resolution of Intent. At its discretion, the council may adopt a resolution of intention to provide for said reimbursement.

B. Term of Resolution of Intention. Said intention to enter into the reimbursement agreement shall become null and void on the sixty-first day after the date of notification to the applicant by the city of the final acceptance of the off-site watermain public improvement, if the applicant has not entered into the appropriate agreement.

C. Calculation. If the council approves the applicant’s request for a reimbursement agreement, upon completion of the off-site water main, the applicant shall submit to the director of engineering a statement of the actual costs incurred. The reimbursement shall be calculated as a front footage charge and shall be collected from those properties who will utilize the water main extension constructed by the applicant. The reimbursement shall be collected by the city for the benefit of the applicant.

(Ord. 1873 NCS §2.)