If any person or legal entity is required by the city to pay the cost of the extensions which also benefit other property other than that of the applicant making the extensions, then the city shall require the owner of the other benefitted property, prior to either providing the service to that property or issuing a building permit or placement permit, to reimburse to the initial applicant required to pay the cost of the extension or extensions, a prorata portion of the extensions as set forth in this subchapter. The right to require the reimbursement shall not continue for more than 15 years after the date of the certification of the extension costs to the city. The prorata contribution shall be calculated based upon the lineal frontage footage of each benefitted property along the public street or right-of-way and may consider the cost incurred by the original applicant, the cost incurred by the benefitted property owner and any other relevant factors but excluding interest. All payments shall be made to the city which shall release the funds to the original applicant, less a fee in an amount set by City Council from time to time for the administration of this provision. In the event the applicant cannot be found with due diligence, the city shall retain the funds in the general fund.
(Prior Code, Ord. 94-310, passed 6-8-1994)