(A) Effective upon adoption of Ord. 1462, a system development charge will be collected from new customers of the water utility in accordance with the fee schedule set out in Ch. 98 of this code.
(B) The town shall collect such rates and charges at the same time and the same manner as the collection of the water tapping fee. The above system development fees may be modified upon recommendation of the Town Council when investments in water infrastructure made by the developers or private property owners result in significant enhancement of the capabilities of the town to serve existing or future customers.
(Ord. 1462, passed 1-16-2024)