The owners of real estate applying for water service shall deposit with the town adequate funds or surety of payment to pay engineering and appurtenant nonconstruction project costs prior to the town proceeding with preparation of plans. If the project does not proceed to completion after project costs are established, the money so deposited by the owners of real estate shall be nonrefundable to the extent they are required to pay incurred expenses. If funds are in excess of expenses, they will be returned to the owners of real estate making the deposit.
(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