It is the intention that the owner/developer may work together with the city to encourage, promote and implement new developments in the city. The decision on whether to work together is entirely at the discretion of the city and only if funds are available to the city in addition to its currently-approved budget. Any expenditures require the city amend its budget for the proposed new expenses.
(A) If the city decides to and funds are available, the city offers to cost share one-half the cost of extending water mains and laterals, sewer mains and laterals, and road development to areas of the city not currently served with this infrastructure, using city labor and equipment with city-approved cost estimates revised on a regular basis to reflect cost changes.
(B) If owner/developer demand exists over current resources of the city for infrastructure extensions, the City Council will determine the amount of city investment based on annual budgeted funds in the applicable fund. Based on budgeted funds, the city reserves the right to restrict the amount of allocation of work in a given fiscal year, and to schedule development over a multi-year period.
(C) The owner/developer would pay the city one-half the cost of the appropriate water, sewer and/or road infrastructure extension using the city cost estimates prior to the city commencing work. Nothing in this section precludes an owner/developer from doing all the infrastructure work without city participation or negotiating a lower city participation rate (less than 50%).
(D) This section applies to water, sewer or road extension, regardless if its a new subdivision platted area or if it is a land division development.
(E) If city funds are utilized, the owner/developer shall average creation of at least one lot per 150 feet of infrastructure extension.
(F) Any new development shall comply with city ordinances and the State Subdivision and Land Development Act.
(G) All gas, electricity, cable, phone and other utilities would be the responsibility of the owner/developer.
(H) All infrastructure shall be on existing city rights-of-way, city streets, city easements or new rights-of-way easements deeded to the city on city standards.
(I) Each improvement shall be constructed either by the proprietor or the city, as determined by prior agreement, within a length of time agreed upon from the date of approval of the final plat by the City Council. The City Council shall release funds for the payment of work as it is completed and approved by the city. Prior to acceptance by the city of improvements, a two-year maintenance bond in an amount set by the City Council shall be posted by the proprietor.
(J) The proprietor shall give the city the right to inspect all construction work done by men to whatever extent the city deems necessary.
(Ord. 115, passed 8-13-75; Am. Ord. 259, passed 11-16-05) Penalty, see § 153.99