(A) The city has determined the necessity of establishing a policy and a procedure to be utilized to recover the cost of designing and constructing major sanitary sewer facilities in those instances in which a significant number of the properties to be benefitted by such facilities are not sufficiently developed to permit the recovery of those costs through the special assessment process as provided in Iowa Code Ch. 384, Div. IV. The city hereby declares its intent to utilize connection fees, as herein provided, to recover the costs of designing and constructing such major sanitary sewer facilities from property owners who connect to such facilities subsequent to their construction.
(B) It is the intent of this subchapter to set forth the method of recovery of proportional cost shares from those property owners who connect their properties to major sanitary sewer facilities subsequent to their construction, so that in the event that all property, other than street and road right-of-way, which lies within the benefitted district is connected to the major sanitary sewer facilities during their expected useful life, then those properties shall bear, in the aggregate, up to 100% of the cost of designing and constructing such facilities, including legal, administrative and interest expenses associated therewith.
(2011 Code, § 24.1000.1)