§ 53.04  WATER AND SEWER EXTENSIONS OUTSIDE CORPORATE LIMITS.
   (A)   Only water service by the town may be extended beyond the corporate limits of the town.
   (B)   All application for water extensions outside the corporate limits shall be made in the same manner and under the same requirements as provided for in §§  53.01 and 53.02 of this chapter.
   (C)   If an application is approved by the Board of Aldermen, the owner or owners shall be required to pay 100% of the total cost of all extensions.  Provided, the town may participate to the extent agreed upon by the Board of Aldermen in the cost of larger size mains that are in excess of the size mains required to serve the project.  No reimbursement shall be made upon annexation and all water lines connected to the town system and located outside the corporate limits shall become the property of the town at the time the facilities are connected.
   (D)   Prior to the beginning of any construction, the owner or owners shall deposit with the town funds in an amount equal to 100% of the total estimated cost of the extensions.  Upon receipt of these funds, a written contract shall be entered into by and between the town and the property owner or owners in accordance with the requirements of this chapter.  The contract shall provide that in the event the funds deposited exceed the amount of the total extension cost when completed, then the portion in excess of the total cost will be refunded to the owner or owners without interest.  The contract shall also provide that if the amount deposited is less than the total cost, when completed, the owner or owners shall pay the additional amount to the town.
   (E)   In lieu of depositing funds, the owner or owners may execute a surety bond guaranteeing payment for the extension, or the owner or owners may have the extension work performed under private contract with the approval of the Board of Aldermen, provided the work is to be performed in accordance with all construction requirements of the town and subject to inspection and approval of the town.
   (F)   Applicants must take any and all required payments to the town, including without limitation, capital reserve fees, transmission recovery fees, tap fees, assessments or special fees as required by ordinance or policy.
(Ord. passed 8-15-1990; Ord. passed 5-1-1991; Ord. 07-38, passed 11-6-2007)