(A) Refunding of costs for oversizing to meet the town’s specifications shall be made only for that portion of the oversizing which lies within or adjacent to the area being developed. Cost advanced for reinforcing or extending the town’s existing water distribution system in order to provide adequate water service to the development shall also be eligible for refunding. All costs advanced by developers which are determined to be eligible for refunding shall be refunded without interest.
(B) Where larger mains are required by the town, the developer or owner of real estate shall be refunded the actual material cost difference between the size of the main specified by the town and the size required to serve the development. When the increase in size is four inches diameter or less, no additional reimbursement for labor will be made. When the size increase is more than four inches in diameter, the following additional refund per foot will be made for labor and equipment:
Increase in Pipe Diameter | Reimbursement Per Foot of Pipe Installed |
Increase in Pipe Diameter | Reimbursement Per Foot of Pipe Installed |
6 | $0.50 |
8 | $1 |
10 | $1.25 |
12 | $1.50 |
14 | $1.75 |
16 | $2 |
18 | $2.50 |
20 | $2.75 |
22 | $3 |
24 | $3.50 |
(1996 Code, § 104.120) (Ord. 502, passed 8-12-1996; Ord. 1997-2, passed 6-9-1997; Ord. 99-5, passed 5-10-1999)