Whenever the city shall install a permanent water main extension as authorized in § 54.157 for the purpose of serving either improved property where water service has already been furnished through a temporary service connection or unimproved property where the owner thereof is willing to pay his or her proportionate share of the extension of the water main in order to serve his or her property, upon written demand of the Water Department, before any connection is made with the extended main for the use of such property owner, shall either pay to the city direct, a sum of money equal to the owner's proportionate share of the cost of the extension of the water main or enter into a written agreement with city wherein such owner agrees to pay the city for the use of the water main a rental charge which shall consist of a sum of money equal to that which would represent the owner's proportionate share of the cost of the extension of such water main.
(A) The agreement shall provide that all of the rental shall be paid by the owner to the city in equal monthly installments not to exceed 36 in number.
(B) The equal monthly installments shall be not less than $15 each until the total rental is paid.
(C) If the owner fails during the life of the agreement to pay any installment or rent due within 30 days after the due date, the city shall have the right to discontinue water service to the property from the water main until all the delinquent installments or rents are fully paid.
('61 Code, § 24.86) (Ord. 257, passed - - )