(a) Properties to be Assessed. When a water system capital improvement paid for by the Water Fund or the General Fund of the City either:
(1) Provides for the extension of water service to a new service area; or
(2) Substantially improves water service to a limited portion of the water system; and the area to which service is extended or in which it is substantially improved by the capital improvement is designated as a water service improvement area by Council, the users who receive the direct benefit of the extension or improvement shall pay a special water investment fee in addition to the general water investment fee. An owner of property benefitting from such extension or improvement shall, at the time the property is connected to the City's water system or at the time of an increase in the size of the water service to the property, pay to the Water Resources Department a fee based upon the proportionate peak demand placed upon the extension or improvement as indicated by the tap size.
(b) Calculation of Fee. The Finance Director shall calculate special water investment fees for each water service improvement area designated by Council as follows:
(1) The useable land for each zoning district contained within the water service improvement area shall be calculated in accordance with the Zoning Code.
(2) The area of useable land for each zoning district contained within the water service improvement area shall be reduced by thirty percent in order to allow for minor undevelopable areas, roadways, drainage systems, easements and irregularities in lot shape. The result shall be considered refined useable land area.
(3) The refined useable land area shall be divided by the minimum lot size for each zoning district within the water service improvement area to determine the estimated number of developable lots by residential, business and industrial zoning category.
(4) An equivalent service capacity shall be determined for each water service improvement area by multiplying the estimated number of developable residential lots by the equivalence factor of 1.00, the estimated number of developable business lots by the equivalence factor of 2.56, and the estimated number of developable industrial lots by the equivalence factor of 10.24, and totaling the result.
(5) The total cost to the Water Fund or the General Fund of the water system capital improvement shall be divided by the equivalent service capacity to determine a unit special water investment fee for the water service improvement area.
(6) The special water investment fee for each connection to the water system in a water service improvement area shall be paid at the time of connection to the City's water system based upon the size of the water tap multiplied by the equivalence factor for the size of the tap as provided in Section 1043.03(a)(5) times the unit special investment fee for the water service improvement area in which the property is located.
(Ord. 99-120. Passed 9-15-99.)