(A) In addition to any other charges or fees for water and sewer connections and use, and for connection to or drainage into the storm water drainage system, an incremental charge shall be made to reimburse the city for the cost of its existing water, sewer and storm sewer systems and capacity.
(B) The Council shall determine from time to time the amount and basis for computing the charges by resolution.
(C) No building permit may be issued, nor a subdivision plat given final approval, until the charges are paid or provisions made therefor under terms agreed to by the Council.
(D) (1) The charges shall be in addition to any other charges including, but not limited to, special assessments, hook-up fees or other charges for public improvements required to serve the property in question.
(2) The charges shall apply to all property or portions thereof that has been annexed into the city on or after 1-1-1990 and no building permit or subdivision plat has been approved by the city.
(3) The proceeds of the funds shall be placed in the respective separate accounts and used for the improvement, maintenance or operation of the systems or as otherwise authorized by the Council.
(Prior Code, § 2.73) (Ord. 113, Third Series, effective 8-1-1991)