Where a sewer lateral installation fee is assessed and levied upon the owner of premises initially connecting to the city sewer system, such fees shall be due and payable at the time a building permit or a connection permit is issued for such premises, whichever first occurs. Provided, however, that where a sewer lateral installation fee is assessed and levied upon the owner of such premises which are or will be occupied by “persons or families of low and moderate income,” as defined in Section 50093 of the California Health and Safety Code, and the entire amount of such fee will be financed with a loan made by the city or the Chico Redevelopment Agency, then such fee shall be due and payable at the time of issuance of a certificate of occupancy for such premises.
(Ord. 2049 §17)