When a developer and/or property owner requests in writing utilities service from the city, a feasibility study, the cost of which shall be borne entirely by the developer and/or property owner, for the extension of utilities shall be conducted by the city's engineers. Said feasibility study shall include an analysis and estimate of:
(a) Projected operation costs;
(b) Projected maintenance costs;
(c) Projected revenue, related to this project.
The city council shall authorize such feasibility study when the developer and/or property owner shall escrow with the city monies sufficient, in the discretion of the city, to conduct said feasibility study.
(Code 1958, § 30B-4; Ord. No. 80-10, § 1, 4-1-80)