(A) The amount of the aforesaid annexation costs is to be paid the District at the time that service is provided.
(B) However, that payment may be made with the consent of the Board of Directors as follows.
(1) Prior to annexation, an undertaking may be filed by the property owner or owners secured by cash or by a bond satisfactory to the Board of the Directors to guarantee the payment of the costs of annexation and the payment of the amount of the contribution due for annexation of land to the District.
(2) The costs of annexation and the costs of the contribution for the use of the treatment plant facilities and the use of sewers and their appurtenances may be paid by the assessment of charges in the appropriate assessment proceedings prior to the connection of any sewers to the system of the District.
(Ord. 1968-47, passed 6-11-1968)