Reimbursement amount = | ||
actual construction cost x (total service area (acres) - total development area (acres)) | ||
total service area (acres) | ||
A. The total service area consists of all properties that are specifically and specially benefited.
B. The total development area shall include all area within the development and/or subdivision boundary, including, but not limited to, road right of way, open area, common area or other jointly owned or utilized property.
C. The actual construction cost is the reasonable cost of constructing the improvement, together with any acquisition cost for any easements, or rights of way upon which any such improvements are constructed, and together with any incidental costs, but not including the cost of any part or portion that solely benefits the development. Engineering costs incurred by the developer, not to exceed ten percent (10%) of construction costs and any application or hearing fees, may be included for determining the cost. The determination of whether a cost is reasonable shall be made by the city engineer. Such determination is at the sole discretion of the city engineer.
D. Except as hereinafter limited, the term "special benefit" means any benefit conferred upon property that is greater than or different from that conferred upon properties in the city as a whole by an improvement. Among the facts to be considered in determining the existence of a special benefit are:
1. Increased market value;
2. Improvement in safety or convenience of access;
3. Improved drainage;
4. Alleviation of health or sanitation hazards;
5. Adaptability of the property to a superior or more profitable use;
6. Improved availability of public water or sewer services to the property; and
7. In the case of undeveloped property, the installation of an improvement which would otherwise be required for development of the property.
E. When a developer extends an improvement, such as a water or sewer main, in order to make lateral connection to the developer's property, the preexisting portion of the improvement shall not be deemed to specially benefit that portion of the property served by the extension. (1984 Code § 7-4-4)