A. Prior to constructing a major water main extension or major sanitary sewer main extension for which the developer/owner desires to recover a portion of the cost of constructing said extension, the developer/owner shall submit an application for reimbursement. The application for reimbursement shall be submitted, reviewed, and approved by the general manager.
B. The application shall include the following information:
1. Name and address of the owner or developer making the application;
2. Plans and specifications for the major water and/or sanitary sewer main extension prepared by a registered professional engineer and meeting the approved standards and specifications, as established in this LDC, showing the proposed new location of the new main, location of existing major water and/or sanitary sewer mains in close proximity thereto, and the proposed point of connection, costs of construction including, but not limited to, engineering cost, off site right of way and easement acquisition costs and labor and materials;
3. Legal descriptions of rights of way and easements to be dedicated to the city of Duncan;
4. Current ownership map of the land within the defined service area of the proposed major utility main extension.
C. Upon making application for reimbursement, the developer/owner, or his designated agent, shall prepare a tract map and list of the individually affected tracts and the estimated pro rata share attributable to each such tract, hereinafter referred to as the "map and list". The map and list will also include all costs, if any, for right of way acquisition to each tract. The map and list shall be made available to the owners of the affected properties. Notice of the map and list shall be filed on record in the office of the city clerk and the Stephens County clerk. Upon written request to the general manager, notice shall be given within a reasonable time to the requesting party of the most current estimate of the dollar value of the participation cost of any identified tract of property.
D. Any owner of a tract of property may, at any time after preparation of the map and list, cause the tract's total obligation to be paid to the DPUA. Unless previously paid, the proportion of the right of way cost and pro rata share attributable to that portion of a tract being developed, as adjusted by the engineering news record construction cost index, is due as follows: For any portion of the subject tract that is proposed to develop as a residential subdivision development, the reimbursement charges are due prior to approval of the final plat. For any portion of the subject tract that is proposed to develop as any land use other than residential, the reimbursement charges are due prior to issuance of a building permit. No residential subdivision final plat shall be released for filing until all total costs due are actually paid.
E. Each identified tract of property shall be subject to participation in the reimbursement program commencing with the date that the major utility main extension is accepted for dedication by the city of Duncan.
F. Unless previously paid, each defined tract's share of the participation cost shall continue as an obligation of the property for its determined share of the total utility main extension costs, plus the appropriate inflation/deflation as outlined in subsection 12-930B3 or 12-931B3 of this chapter, for a period of fifteen (15) years from the date of issuance of the map and list required by subsection C of this section. Beginning at year sixteen (16) and continuing through year twenty (20), the pro rata share shall decrease at a rate of twenty percent (20%) of the pro rata amount existing at the end of the fifteenth year until the pro rata share obligation is reduced to zero dollars ($0.00) and thus terminates at the end of the twentieth year from the date of issuance of the map and list. (Ord. 1611, 10-25-2005)