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Any agreement executed by the city with an applicant for reimbursement shall set forth therein the following:

A. The method by which the applicant shall be reimbursed; that is, waiver of connection fees, collection of fees, or combination of waiver of connection fees and collection of fees for the equitable distribution of costs for the benefit of the city and applicant.

B. An agreed statement as to the actual cost incurred.

C. In the event the city has determined that reimbursement shall be made by means of collection of connection fees, that the reimbursement shall be paid once yearly without interest over a period of not more than three years. At the expiration of three years or earlier as established by the agreement, no further reimbursements shall be made to the applicant and all charges levied and collected thereafter shall belong to the city.

D. The applicant for reimbursement shall not be reimbursed for more than the actual cost of the line, nor shall he be reimbursed for any costs incurred within or attributable to his own property. Reimbursements shall not apply to on-site improvements to subdivisions or organized service districts. A subdivider may be entitled to reimbursement for off-site main extensions located outside the subdivision or tract. The city shall determine what are off-site sewer main extensions.

E. Such other reasonable terms and conditions as the director of water resources and conservation may from time to time require.

(Ord. 2282 NCS §3 (part), 2007.)