(A) If the applicant elects to install the required sewer main under benefit district procedures and does install the sewer main in accordance with regulations concerning main extensions, the General Manager shall establish and administer reimbursement procedures as follows: The General Manager shall establish a frontage fee for the cost of an eight-inch main and shall prepare a benefit district refunding agreement to be executed by the applicant and the president of the Board of Public Utilities Commissioners in accordance with the provisions of Title 8, Chapter 8.60 of this code. The difference in cost between an actual main larger than eight inches and an eight-inch main shall be reimbursed in accordance with the provisions of Title 8, Chapter 8.64 of this code. The cost per foot “C” shall be calculated by dividing the total cost of the eight-inch main by the total footage of the main installed. Whenever costs are referred to in this section, they shall be limited to the costs as specified in § 8.60.030. The frontage fee shall be calculated as “A” in the following formula:
A = F x C x .60 wherein
F = the number of feet of an applicant’s property fronting on the main
C = cost per foot of installing an eight-inch main
.60 = factor composed of .50 (for one of the two sides fronting on the main) and .10 (for the street intersection allowance)
(B) Provided, however, when the General Manager determines that only one side of a street can be benefitted by a main installed by a previous applicant, the frontage fee shall be calculated as “A” in the following formula:
A = F x C x 1.10 wherein
F = the number of feet of an applicant’s property fronting on the main
C = cost per foot of installing an eight-inch main
1.10 = a factor composed of 1.00 (the total cost of the eight-inch installation) and .10 (for street intersection allowance)
(C) Amounts collected as provided herein shall be paid by the city to the applicant who paid the cost of installing the main, until the applicant has received an amount equal to “R” as calculated in the following formula:
R = T - (.60 x C x F) - Z wherein
T = total cost of installing eight-inch main and laterals
C = cost per foot of installing eight-inch main
F = number of feet of installing applicant’s property fronting on main
Z = installing applicant’s lateral(s) cost
(D) Provided, however, when the General Manager determines that only one side of a street can be benefitted and has made collections on that basis, amounts so collected shall be paid by the city to the applicant who paid the cost of installing the main, until the applicant has received an amount equal to “R” as calculated in the following formula:
R = T- (1.10 x C x F) - Z wherein
T = total cost of installing eight-inch main and laterals
C = cost per foot of installing eight-inch main
F = number of feet of installing applicant’s property fronting on main
Z = installing applicant’s lateral(s) cost.
(1995 Code, § 7.20.980) (Ord. 17-03, passed 3-21-2017; Ord. 15-02, passed 5-5-2015)