(A) A property owner who desires to reserve a portion of the design capacity of the sanitary sewer system or wastewater treatment facility may enter into a contract as approved by the City Council. The contract shall contain a provision stating that an annual amount, representing the person’s proportionate share of the city’s net annual capital investment cost in the facilities reserved, shall be paid by the person signing the contract.
(B) The contract shall also contain a provision that if the person’s average daily flow varies more than 20% on a yearly basis, either party may open the contract for renegotiation of the minimum payment.
(Prior Code, § 51.161) (Ord. 03-39, passed 11-17-2003; Ord. 05-13, passed 3-7-2005)