(a) When requested or petitioned, Council may proceed, according to law, to extend any existing sewer district or to establish new districts where necessary and to create new public water supplies and sanitary sewerage systems or to extend the same to serve areas not already provided with water and/or sewer service. The financing of any such additions or extensions may be provided by:
(1) Revenue bonds, provided that, in the case of extending an existing system, the additional revenue bonds can be issued in full compliance with the terms of existing bond resolutions and trust agreements and further provided that there is a market for such bonds;
(2) Special assessments or unit charges, levied against benefited properties;
(3) General obligation revenue bonds;
(4) The improvement fund or surplus funds of the existing districts;
(5) Cash payments by benefited property owners; or
(6) Some combinations of the above, as determined by Council.
Prior to petitioning Council to adopt legislation and to conduct public hearings, as required by law, to proceed with the preparation of detailed plans and specifications for construction of water or sewer improvements and the preparation of property assessments, a petitioner shall deposit with the Water Division and the Sewer Division the sum of two hundred fifty dollars ($250.00) to cover the cost of preparing the same. If a proposed project proceeds to construction, the amount deposited shall be returned to the petitioner.
(b) Council, upon application by any individual, organization or agency of private enterprise may, by resolution, grant permission to such individual, organization or agency to construct, at its cost, water or sewer improvements by private contract under the supervision of the Sanitary Engineer, as provided for in Section 1032.11.
(c) All water supply or sanitary sewerage systems or extensions thereof shall be constructed in accordance with the detailed plans and specifications prepared by a professional engineer and approved by the Sanitary Engineer and Council.
(Ord. 9-87. Passed 3-9-87.)