(A) Extension. In accordance with the principle that benefitted property should bear the cost of extending water and sewer lines one or more of the following methods shall be used in providing for the extension of water and sewer lines to serve all other properties not located within subdivisions currently under development. Properties which are annexed by the town based upon the properties' meeting the necessary standards for annexation as set forth in the General Statutes (i.e., annexation not based upon a petition requesting annexation by the property owners) will have services extended to them with financing arranged by assessments as described as follows. Extensions made under the following financing methods may be made either by forces of the town or under contracts let by the town or by private contracts let under the supervision of the town.
(B) Assessments for costs.
(1) Water and sewer main extensions will be made by assessment of the cost thereof against property owners to be benefitted thereby in conformity with G.S. Ch. 160A, Art. 10. In the event it is necessary or desirable to install water or sewer mains or ancillary facilities larger than those required for the development, the town will bear the cost of the difference between the size of the main required for the development and the size of the main installed.
(2) The Town Board shall determine which method of assessment authorized by G.S. Ch. 160A, Art. 10 would be most equitable to be used in an assessment roll and the distribution cost between the town and property owners.
(C) Fees in lieu of assessment. If the property to be served by a utility connection is to be served by a line constructed on an assessment basis and no assessment was made against the property for its proportionate part of the cost of the line because the property was outside the town limits when constructed, there shall be collected, in addition to all other charges provided herein or by other law, ordinance or resolution, the amount which would have been assessed against the property to be served by the connection had the property been assessable at the time the line was constructed.
(D) Reimbursement. The reimbursement procedure outlined in § 53.09(D) shall be available for use by an individual property owner who desires service at some distance from existing lines and when assessment of, or contributions from intervening property does not appear feasible. This method may be used in financing extensions both inside and outside the town boundaries.
(OC, § 5-3-8) (Am. Ord. passed 8-11-88)