§ 50.11  IMPROVEMENT PAYMENTS.
   Often, industrial or commercial property owners considering new construction or significant expansion request that significant improvements or extensions be made to public services or utilities provided by the city such as water, sewer or electric services as well as public roads. As an incentive for the city to undertake such improvements and to complete them promptly, an industrial or commercial property owner typically offers and then agrees to pay for all or part of the cost of the improvements. The city may execute a contract with the industrial or commercial property owner regarding the improvements to be made, the amount which will be paid by the industrial or commercial property owner toward the cost of the improvement and when such payment is due. The contract shall require complete payment of the cost of the improvement at least prior to the commencement of water and/or sewer service to the property.
(Prior Code, § 2.144)  (Ord. 621, passed 3-20-1995)