(A) Unit defined. For purposes of this subchapter, a BILLING UNIT is any commercial property with frontage abutting the target area affected by the downtown street lighting excluding common public areas. A BILLING UNIT will be based upon the front footage of the property along with 50% of the side footage in the case of corner lots.
(B) Billing. The service charge will be set by the City Council on a per foot basis and divided among the billing units according to the proportion of each unit's footage. The billing clerk is to send bills to each billing unit on a bi-monthly basis and directed to the same person to whom city sewer and water billings are sent for that unit. If a billing unit is not connected to the city water or sewer system the bill is to be sent to the owner of the billing unit. Bills are to be sent to all the units whether occupied or unoccupied.
(C) Advance payment. Each billing unit will have the option of making an advance payment equivalent to their total utility billing over 10 years with a reduction for a cost of money calculation. This amount will be determined by the City Treasurer.
(Prior Code, § 46-41)