(A) Tap Fees are hereby established and are required to be paid to the RSMU prior to the installation or connection of any new water/sewer service or extensions to the public water system or the sanitary sewer system.
(B) Any person connecting to the public water system or the sanitary sewer system shall, prior to being issued a permit to make a connection, pay a tap fee for each utility connection to the RSMU in the amount set forth in the Tap Fee Schedule for each physical connection to the public water system or the sanitary sewer system.
(C) The Superintendent shall review the Tap Fee Schedule at least once every two years and report to the Board any recommended adjustments to the “Tap Fee Schedule.”
(D) Tap Fee revenues shall be used to cover the cost of materials, labor and the administrative management for the installation of service connections.
(E) Tap Fee revenues shall be deposited into the appropriate operating revenue account. Although Tap Fee revenues maybe deposited into the appropriate operating revenue account, Tap Fee revenues shall be reported as a separate revenue source for the purpose of revenue accounting.
(Ord. 1997-6, passed 12-4-97)