13.05.070 In-Lieu Deposits.
If technology or economics of scale require or permit a delay in the underground installation required in the application of this Chapter, then the cost of undergrounding shall be estimated by the City; and a cash deposit in the estimated amount shall be deposited with the City. This cash deposit shall be placed into an underground utility fund and used solely for the purpose of undergrounding distribution lines as required by this Chapter throughout the City.