Based upon the main size required to serve the development, the developer shall pay the entire cost of all mains within and bordering upon the development. Where a development utilizes an existing main, the developer shall pay to the town the current cost per foot to install a main of the size required by the development, times the number of feet of said main within or bordering the development. Should any existing main which borders a development be capable of serving property on the opposite side of the street for which availability contributions will be required in the future, the developers cost for these mains shall be reduced by 50%.
(1996 Code, § 104.120) (Ord. 502, passed 8-12-1996; Ord. 1997-2, passed 6-9-1997; Ord. 99-5, passed 5-10-1999) Penalty, see § 54.999