931.02 TAP-IN CHARGE FOR USE OF RENWOOD DRIVE WATER MAIN.

   (a)    It is hereby found and determined that each parcel of property which abuts the water main on Renwood Drive is benefitted in the amount of nine hundred eighteen dollars and seventy cents ($918.70).

   (b)    No person shall make a connection to the water main on Renwood Drive until the owner of the parcel of property from which the connection is to be made has paid to the Finance Director the amount set forth in subsection (a) hereof as a tap-in charge.

   (c)    If any owner of property abutting the water main on Renwood Drive has not paid the tap-in charge by September 1, 1978, then interest at the rate of six percent per year shall accrue on the tap-in charge from and after such date.

(Ord. 1978-24. Passed 7-11-78.)

   (d)    All funds which the Finance Director receives as tap-in charges pursuant to this section are not to be considered surplus water works funds, but are intended solely to reimburse the City Income Tax Fund for those funds which were advanced for the construction of the Renwood Drive water main.

   (e)   No owner of property which abuts the Renwood Drive water main, which was constructed with funds advanced from the City Income Tax Fund, shall tap into such water main until he has paid the tap-in charges specified in subsections (a) and (c) hereof.

   (f)   Upon receipt of the above described tap-in charges, the Finance Director shall deposit them into the City Income Tax Fund to reimburse such Fund for those funds which were advanced for the construction of the Renwood Drive water main.

(Ord. 1978-27. Passed 7-27-78.)