§ 51.17 COMPUTATION OF CREDITS.
   (A)   In computing the credit for 35 feet of main or main extension, the city shall use the latest costs available from its own records or those of the water supply company, where applicable, for main construction of a similar size and nature installed by city or water supply company personnel. Allowances shall be made for unusual circumstances such as stream crossings or boring. The computation shall include all direct material and labor costs together with 15% of such costs for wage fringes, handling, waste and other overhead.
   (B)   The above computation shall be used to establish the value of credits for all mains or main extensions installed by other than city forces. Said value shall not be changed after start of construction.
   (C)   The credit to be used for mains installed by city forces shall be the actual costs of construction determined as in division (A) above, including the 15% overhead.
(Ord. 1179, passed 2-5-1973 ; Ord. 1626, passed 12-19-2022)