(A) There are and will be situations within and without the village where the village sanitary sewer and/or water lines have been or hereafter may be extended adjacent to vacant lots or tracts of land and such vacant lot or tract of land has not been assessed any part of the cost for such extension when a residence or other improvement is constructed or moved onto such lot or tract and it is required by village ordinance that such improvement be connected to the village sewer system or the owner thereof desires to connect to the village water and/or sewer system.
(B) In such situations, the owner of such tract of land shall prior to the making of such improvement pay to the village, in addition to the regular connection and tap fees, his proportionate share of the cost of such water and/or sewer extension which shall be a sum equal to one-half of the lineal foot cost of such extensions, when laid, multiplied by the number of feet of the tract on which the improvement is made as is adjacent to the street or alley in which the extension is made, plus interest at 9% from the date of completion of the extension; provided, if the water extension is larger than six inches, the cost shall be adjusted to reflect the difference between the cost of a six inch extension and the cost of the extension as actually made; and provided, if the sanitary sewer extension is larger than eight inches, the cost will be adjusted to reflect the difference in cost between a ten inch extension and the cost of the extension as made.
(C) As to each project, the Village Engineer will, upon completion of the extension, certify to the village the per lineal foot cost of the extension and the adjustment to be made to determine proportionate cost share as aforesaid.
(Ord. D367, passed 3-7-2023)