Improvements required in this subdivision to be installed by the subdivider, which are of a public utility nature, specifically §§ 156.075 through 156.077, may provided benefits to other properties in the vicinity of land to be subdivided. On the installation of improvements which cross or adjoin other properties and can be used by properties, the subdivider and the city may by contract agree that on the connection or use of the installation made by the subdivider or by others, within a period of 10 years following their installations, the new user shall pay to the city a fee in an amount agreed on by the subdivider and the city, the amount of the fee to be credited to and paid to the subdivider.
(1982 Code, § 154.30) (Ord. 19-1964, passed - -)