(A)
The town will construct extensions to its water lines to points within its service area at the curb stop or property line (if in house), but the town shall not be required to make installations unless the customer pays to the town the entire cost of the installation.
(B) All line extensions shall be evidenced by a contract signed by the town and the person advancing funds for the extension.
(C) If refund of the advance is to be made the following method shall apply: 20% of the total gross revenue of water sales per year for each service connected to the new extension described in the agreement, for a period not to exceed five years, provided that the aggregate payments do not exceed the total amount deposited.
(D) No refund shall be made from any revenue received from any lines leading up to or beyond the particular line extension covered by contract.
(E) All decisions in connection with the manner of installation of any extension and maintenance thereof shall remain in the exclusive control of the town and the extension shall be the property of the town and no other person shall have any right, title, or interest therein.
(F) The Sunman Utility Department will not make line extensions into new areas, unless it is economically feasible to the water utility in the judgment of the Town Board and the Sunman Utility Department that a profitable return can be made in a reasonable period of time. This is thought to be approximately four years.
(1995 Code, § 52.35) (Ord. 1967-2, passed - -1967; Ord. 1995-3, passed 3-16-1995)