Allocation of water credits to development from the town’s water portfolio will only be considered using the following minimum criteria (additional conditions may be required):
(A) The development must provide a water budget that meets or exceeds the water use and water conservation goals of the Arizona Department of Water Resources.
(B) The development shall participate in the town’s sanitary sewer system, or be able to participate within 5 years per the towns then current and adopted Capital Improvement Plan, at the town’s discretion, and construct dry service laterals and wastewater collection main lines.
(C) The development shall pay the effluent sanitary sewer system buy-in fees, according to the then adopted fee schedule(s).
(D) The development shall pay a water portfolio access fee according to the then adopted fee schedule(s).
(E) The initial water portfolio access fee shall be paid at the rate set by Council resolution per acre-foot for a 100 year assured water supply. The Town Council may adjust this rate from time to time by resolution.
(F) The development shall construct, as approved by the Town Engineer and Public Works Director, a central water delivery system, in accordance with the current master plan, including production and storage as required, at their own expense, which ownership shall transfer to the town at no cost to the town at the final acceptance of the development infrastructure or at a date negotiated by the developer and the town at the time of request for development.
(G) The development shall provide, to the town’s satisfaction, the financial capability and assurances to complete the development in a timely manner, as approved by the town.
(Ord. 04-578, passed 7-22-2004; Am. Ord. 2022-913, passed 2-22-2022)