10-3-26: CAPITALIZATION FUND:
This fund shall provide funding for capital expenditures and all other nonoperating maintenance and replacement costs as the board may consider appropriate, including redemption of the principal and payment of the interest on sewer bonds or other borrowed monies.
   (A)   Revenue components for the sewer capitalization fund shall include:
      1.   Capitalization Charges: Assessed charges to recover non-OM&R costs (for which the user charge system is not appropriate) including late payment and other penalties; the sewer connection fees; and the monthly capitalization service charge. The rate of the capitalization service charge shall be established by the board, by resolution, and customers shall be notified of the charge as a portion of their monthly sewer fee schedule.
      2.   Revenue Offsets: Funds generated through activities other than wastewater treatment services including sales of excess equipment or facilities. However, revenue derived from the sale of treatment related byproducts shall accrue only to the user charge system.
      3.   Sewer Connection Charges:
         (a)   For each initial or new connection made to the sewer system, there shall be charged an initial payment in the form of a connection fee in accordance with the following schedule:
            (1) One Dwelling Unit: Each separate residential unit or other individual housing unit, within a multi-family dwelling, apartment house or permanent trailer park, shall be considered one equivalent dwelling unit (equal to 25 SFUs).
            The connection charge shall apply to all parcels and lots which have not previously been served by the Carlin municipal sewer system and each lot of any new subdivision to be served by the Carlin municipal sewer system.
            (2) Determine Number: For all initial or new commercial and industrial sewer connections, the number of SFUs is determined by using the schedule for commercial and industrial buildings as set forth in this chapter. The minimum SFU count for commercial and industrial buildings shall be twenty five (25).
            (3) Modification And Expansion Of Facilities: If any modification or expansion to any premises causes an increase in the SFUs, the sewer connection charge will be calculated based on the net increase in the SFU above the twenty five (25) minimum.
            In converting a residential building to commercial use or developing a commercial use on a lot with previous sewer service (subsequent to this chapter) the applicant shall pay a connection charge based on the net increase in fixture units. In the event there is no record of the fixture units in the original structure, the applicant will be charged with a minimum of twenty five (25) fixture units. In no case will a refund be granted for a reduction in fixture units.
            (4) Determination Of Sewer Fixture Unit Charge: The city building inspector will conduct a fixture unit survey at the time a building permit is requested. This review will be done through an assessment of the construction plans provided by the applicant. The final count will be based upon the final inspection, of the completed structure, by the city building inspector.
   A.   Payment: The sewer connection charge shall be payable on demand to the city at the time the building permit is issued. All connection charges collected shall accrue to the capitalization fund.
   B.   Equivalent Units: Until further resolution, one equivalent dwelling unit (EDU) shall be recognized as having the equivalent of twenty five (25) sewer fixture units.
   C.   Minimum Count: The minimum SFU count for the purpose of calculating the sewer connection charge under this subsection shall be twelve and one-half (12.5) SFUs, equal to one-half (1/2) of an equivalent dwelling unit (EDU).
      4.   Fees, Penalties And Extraordinary Charges: Charges collected not related to regular OM&R expenses shall accrue to the capitalization fund. (Ord. 168, 7-8-1992)