The capacity charge shall be calculated by multiplying the unit capacity charge by the gallons per day estimated to flow from a new development connecting to the MSD’s system as determined by the MSD. The unit capacity charge (value per gallon) shall be calculated by dividing the MSD’s net worth (system value) by the MSD’s total system-wide design capacity. For any calendar year, the unit capacity charge shall be based on the MSD’s net worth as reported in the annual audit report for the fiscal year ended the June 30 prior to the calendar year.
(1994 Jeff Code, § 50.37) (Jeff. Ord. 3-1987, adopted and effective 2-10-1987; Lou. Metro Am. Ord. No. 275-2007, approved 12-6-2007)