8-3-5: RATES AND CHARGES:
   A.   The basis for computation of the charge for stormwater services to lots and parcels of land within the city is established under this chapter. The establishment of rates and charges to be imposed, the establishment of formulas for the calculation of charges and the creation of customer classifications for the imposition of charges may be established by resolution or ordinance by the common council; and changes in such rates, charges, formulas and customer classifications may be made by resolution or ordinance by the common council. All charges established pursuant to this chapter shall be fair and reasonable. A schedule of current charges shall be maintained and on file in the office of the city clerk.
   B.   Charges shall be imposed to recover all or a portion of the costs of the stormwater utility. Such charges shall be an equivalent runoff unit (ERU) charge. An equivalent runoff unit (ERU) charge shall be imposed on all nonexempt property that has an impervious area. (Ord. 2007-14, 11-5-2007)