§ 52.01 PURPOSE AND INTENT.
   (A)   This document is both a revised restatement of the plan approved by the Town Commission on September 11, 2000, and a projection for financing the town-owned vacuum sewage collection system and town financing of its portion of the Brunswick County Regional Wastewater System capital costs.
   (B)   Under the authority of G.S. § 160A-314, the pre-payment method by a property owner of an equitable share of the total construction cost of the vacuum wastewater collection system was approved by the Town Commission on September 11, 2000.
      (1)   The sewer operational date was anticipated to be September 30, 2003, and share costs prior to that date were established.
      (2)   This document recommends no additional share costs for payments approved by the Town Commission and paid prior to July 1, 2003.
(Ord. 02-13, passed 10-14-02)