§ 50.010 CAPITAL COST REIMBURSEMENT REQUIREMENTS FOR DEVELOPERS REQUIRING ON-SITE ELECTRIC DISTRIBUTION FACILITIES.
   (A)   The electric utility is authorized to collect from subdivision developers, prior to the installation of on-site electric distribution facilities, the cost of said on-site distribution system extension, including, but not limited to, overhead and underground lines, transformers, labor, and engineering costs, but excluding the cost of individual customer service lines and metering equipment.
   (B)   The cost of the on-site distribution system extension shall be determined by the Common Council with a listing of the cost to be published and available to all developers or interested persons through the office of the City Engineer and electric utility offices. The on-site availability fee of $2,600 per lot shall be applicable to all residential subdivision developments within the city which do not have recorded plats or have not received approval by the Greenfield Plan Commission of its detailed unit development plat prior to October 1, 2021. For multifamily projects and/or developments, the on-site availability fee shall be in the amount of $2,600 per building/structure. The on-site availability fee for any non-residential lot which does not have a recorded plat or has not received approval by the Greenfield Plan Commission of its detailed unit development plat prior to October 1, 2021 shall be at cost as that is defined herein above.
   (C)   The capital costs, as determined by the Common Council, shall be submitted by the electric utility offices by the developer prior to the construction of the on-site electric distribution facilities.
   (D)   The Common Council hereby authorizes the establishment of a fee to be paid in conjunction with the issuance of the building permit to reimburse the electric utility the cost of providing the extension of service to an individual customer. The fee shall be applicable to all new customers, residential or non-residential, located within the city’s assigned service territory after January 23, 1997, and shall be $500 per meter, which includes the meter base fee.
   (E)   The fee, as set by the Common Council, shall be paid to the electric utility and a copy of the receipt evidencing such payment shall be submitted in conjunction with the application for a building permit.
(Ord. 1997-1, passed 1-23-1997; Ord. 2005-6, passed 4-28-2005; Ord. 2019-25, passed on 5-13-2020; Ord. 2022-2, passed 2-9-2022)