(A) Upon application from one or more persons, the utility will make a survey of the territory to be served and prepare an estimate of the costs of constructing an extension to serve this territory. From this estimate, the utility will calculate the amount of main extension deposit, if any, to be made by the applicant, in the following manner:
(1) Estimated cost of construction | $
|
(2) Monthly guaranteed minimum bill for three years | $ |
(3) Amount of main extension deposit | $ |
(B) If the monthly guaranteed minimum bill for three years equals the estimated cost of construction, no deposit by the applicant will be necessary.
(C) If the applicant desires, the deposit calculated as above, may be paid as a special guaranteed monthly minimum, and at the expiration of the three-year period the contract shall revert to the established minimum.
(D) After the deposits are made and contracts signed, the utility will begin construction of the main.
Should the service of any consumer require more than 40 feet, from the main to the property line, the extra expense shall be paid by the consumer, and not be included in the estimate of construction costs. In addition to the items listed above, there shall be added 12½% of the total of the foregoing items for general overhead and contingencies.
(1992 Code, § 13.04.040) (Ord. 946, passed 9-2-1952; Am. Ord. 2005-22, passed 11-15-2005)