15.08.190 Recovery of installation costs—Conditions.
An applicant having installed a major main extension in a water benefit district may be entitled to be reimbursed for his costs incurred in an amount not to exceed the actual cost of installation less the connection charges and acreage charges applicable to the applicant’s own property. The applicant desiring to be reimbursed shall petition the water commission, in writing, for consideration in this regard. The manager shall submit a report, in writing, on the petition to the water commission and the report shall contain his recommendations. If the water commission finds that the applicant should be reimbursed for the cost incurred, then and in that event, the same shall be done only upon the execution of a written agreement between the applicant and the city. Such agreement shall be upon terms and conditions as follows:
A. The city shall agree to collect acreage charges and connection fees as provided for in this chapter for the benefit of the applicant over a period of not more than ten years;
B. The installing applicant shall not be reimbursed for more than the total costs of the major main less the acreage charge and connection charges applicable to applicant’s own property in the water benefit district;
C. The city will reimburse the applicant once yearly without interest, the acreage and the connection fees attributable to the major main for a period of ten years with no reimbursement to be made to the applicant ten years after the date of the agreement. Upon the expiration of the agreement, all charges levied and collected shall belong to the water department;
D. Such other reasonable terms and conditions as the city council and water commission shall require.
(Ord. 675 NCS §7; prior code §27.17.4.)