Prior to being furnished municipal utilities of the City, the owner of any premises requesting such service shall, in accordance with the Code of Iowa, prepare and execute an application for annexation to the City, describing the premises to be served together with a plat of said premises attached, the said plat conforming to and complying with the Zoning Code and Subdivision Regulations requirements, and deliver the same to the Clerk. The Council is not required to act on said application, but may accept or reject the same at any time. In the event of discontinuance of said municipal utility service, said application will be deemed withdrawn, and shall be returned by the Clerk to the applicant.