If the department requires an owner or developer to construct stormwater facilities that serve more than that development and are identified in the storm drain master plan, a portion of the actual costs incurred may be eligible for credit from the city's stormwater drainage assessment. To be eligible for credit, prior to final approval of the development agreement, the owner or developer must submit a report to the stormwater utility detailing the proposed improvements and obtain the city's approval of the report. The report must identify all elements of the project eligible for credit and include a detailed project description, a project bid form with estimated quantities, unit prices, engineering design and construction management costs. The report also must provide an accurate quantity and cost delineation between the proposed stormwater improvements necessary to meet the standard requirements of the development. The books and records of the owner or developer relating to the stormwater facilities for which the utility is providing reimbursement must be open to the city at all reasonable times for the purpose of auditing or verifying costs. The department will recommend inclusion of the cost of improvements eligible for credit in the next available budget submitted to the city commission. Upon approval and appropriation by the city commission, such costs will be credited from the storm drainage fund. (Ord. 3120, 12-21-2009)