(A) Distribution system development charge is a charge for the town providing adequate sized water distribution lines at the boundaries of a lot, lots, subdivisions or development.
(B) A distribution system development charge shall apply to a property owner or developer when a connection is made to any portion of the town’s water distribution system.
(C) The charge shall be paid at such time as a water connection permit is issued for a single lot or at the time the construction assurances are posted with the Town Engineer for a subdivision or development.
(D) No connection to any portion of the town’s water distribution system is permitted until payment of the charge has been made.
(E) A unit of cost rate per acre shall be developed by taking costs of construction of two miles of 12-inch distribution line and two miles of ten-inch distribution line and then dividing their sum by 640, the number of acres in a regular section of land.
(F) Allowable items included in the costs of construction of the ten-inch and 12-inch distribution lines are: material and installation costs of pipe, valves, tees, crosses and the like; fire hydrants; and costs of engineering, construction staking and inspection.
(G) The unit cost rate shall be revised semi-annually.
(H) The two miles of ten-inch and two miles of 12-inch distribution lines included in the unit cost rate are the number of miles of distribution line in a typical section of land as required by the Water Master Plan.
(I) The unit rate per acre for the year 2000 is $1,200.
(J) A system development charge shall be calculated individually for each connection to the distribution system by multiplying the unit rate per acre by the total number of acres in the lot or development served by the connection. The total number of acres in a development shall mean the gross area within the development boundaries.
(Prior Code, § 17-1-7) (Ord. 96-03, passed - -1996; Res. 96-01, passed - -1996; Ord. 00-05, passed - -2000; Ord. 10-02, passed - -2010)