925.05 FINANCING.

   (a)    Water extensions in the contiguous area may be constructed in conjunction with any person in accordance with the terms set forth in this chapter.

   (b)    The financing of an agreement and/or contract that may be authorized under subsection (a) hereof shall be in accordance with the terms enunciated therein that have been approved by Council.

   (c)    All other water main extensions shall be paid in their entirety by the person or persons requesting such extensions, except as set forth herein.

   (d)    Where a water main extension is required by the Municipality to be larger than six inches, the Municipality shall pay one hundred ten percent of the differential between cost of the six inch main and the larger size required by the Municipality. This differential shall include the cost of the pipe, valves, fire hydrants and all appurtenances.

   (e)    The person requesting a water main extension to be installed by the Municipality, shall deposit with the Municipality, an amount equal to the estimated cost of such extension as determined by the Water Department. If the actual cost is higher, the person involved shall be required to pay the difference; if lower, the amount of the differential shall be refunded.

   (f)   The Mayor or Village Administrator shall determine from Water Department records, Engineer estimates and/or other sources regarding any costs involved under subsection (e) hereof and such determination shall be final.

   (g)    Water main extensions may be installed by the Municipality and the cost assessed against the abutting property owners in accordance with the Ohio R.C. 727.01. When the extension to be assessed is larger than six inch pipe, the amount of the assessment shall be the entire cost of the extension less one hundred ten percent as set forth in subsection (d) hereof.

   (h)   Where water mains are installed by a person and abutting on parcels not owned by such person nor included in the agreement, the person shall be entitled to reimbursement, when such parcels are connected to the water main during the ensuing ten years after completion of the main, from funds collected by the Municipality for such connections. The charge for such connections shall be an amount per foot of frontage equal to that which would have been assessed at the time of the installation.

   The amount of the reimbursement shall be determined by dividing the cost of the water main paid by the Municipality or person by the frontage abutting the main, providing the total amount of reimbursement shall not exceed fifty percent or three dollars fifty cents ($3.50) per foot of property served, whichever is the lesser.

   (i)    A person, to be eligible for this reimbursement, must file with the Municipality within ninety days after the completion of the water main or such further time as may be authorized in writing by the Mayor or Village Administrator in accordance with the specifications and plans, receipts for all labor and material used in connection with the construction of the water main, together with final, as-built plans, properly referenced for future location of the work.
(Ord. 684. Passed 11-1-71.)