(A) The reimbursement charge will be based on one-half the cost per lineal foot of the water line extension abutting the premises of the party desirous of obtaining a connection or connections to the line or by a fee per parcel for the area serviced by the connection.
(B) The certified cost per lineal foot of the water line extension shall be obtained by taking the total cost of construction of the extension divided by the total lineal feet of the water line extension that was installed. Such costs must be certified by both the developer’s engineer and the Town Engineer. The per parcel fee shall be determined either by obtaining the total cost of construction of the extension minus the pro rata share of cost for the line extension belonging to the original applicant served by the line extension; or by setting a fixed cost per parcel. Such cost to be certified by the developer’s engineer and the Town Engineer. The method used for determining per parcel cost shall be determined by the Town Engineer.
(Prior Code, § 17-1-6) (Ord. 96-03, passed - -1996; Res. 96-01, passed - -1996; Ord. 00-05, passed - -2000; Ord. 10-02, passed - -2010)