(A) The City Engineer or designee shall review the application for the establishment of a reimbursement district and evaluate whether a district should be established. The City Engineer or designee may require the submittal of other relevant information from the applicant in order to assist in the evaluation.
(B) The City Engineer or designee shall prepare a written report for the Council, considering and making recommendations concerning the following factors:
(1) Whether the applicant will finance some or all of the cost of a public improvement, thereby making service available to property, other than property owned by the applicant;
(2) The boundary, size and area proposed to be included in the reimbursement district;
(3) The actual or estimated cost of the public improvements within the area of the proposed reimbursement district and the portion of the cost for which the applicant should be reimbursed;
(4) A methodology for spreading the cost among the properties within the reimbursement district and, where appropriate, defining a unit for applying the reimbursement fee to property that may, with city approval, be partitioned, altered, modified or subdivided at some future date. The methodology should include consideration of the cost of the improvements, prior contributions by property owners, the value of the unused capacity, rate-making principles employed to finance public improvements and other factors deemed relevant by the City Engineer or designee. Prior contributions by property owners will only be considered if the contribution was for the same type of improvement and at the same location (example: a sewer-related contribution in the same location as a sewer improvement would be considered; a water-related contribution in the same location as a sewer improvement would not be considered);
(5) The amount to be charged by the city for administration of the district by the city. The administration fee shall be fixed by the Council and will be included in the resolution approving and forming the reimbursement district. If the applicant is other than the city, the administration fee is due and payable to the city at the time the reimbursement agreement in § 34.150(B) is signed. If the city is the applicant, the administration fee shall be included in the reimbursement fee and is due and payable at the time there is an obligation to pay the reimbursement fee as required by § 34.154;
(6) The period of time for the right to reimbursement of not greater than ten years. At the end of the ten-year reimbursement period, the reimbursement agreement will terminate;
(7) Whether the public improvements will or have met city standards; and
(8) Whether it is fair and in the public interest to create a reimbursement district.
(Prior Code, § 35.152) (Ord. 1241, passed 4-20-2009; Ord. 1254, passed 1-3-2011)