The following costs, charges, connection fees, and enterprise fees shall be made for storm sewer connection to the Village of Dimondale's Cherry Street Drain Assessment District:
(a) The actual cost for connection incurred by the Village of Dimondale, including any inspection fees.
(b) An enterprise fee, which shall be calculated using the following formula:
(1) Undeveloped - Al = $ 647.87/acre
(2) Residential - R1C = $1,295.74/acre
(3) Commercial - B1 = $2,267.53/acre
The derived number shall be multiplied by a factor as determined by the Village Manager, or his or her designee, representing the inflation factor since those fees were first determined in February, 1988.
(Ord. 2003-3. Passed 3-10-03.)