(A) The methodology used to establish or modify the systemwide improvements fee shall, where applicable, be based on the current local asset value of facilities including without limitation design, financing and construction costs, prior contributions by then-existing users, gifts or grants from federal or state government or private persons, the volume of unused capacity available to future system users, rate-making principals employed to finance publicly-owned capital improvements, and other relevant factors identified by the Council. The methodology shall promote the objective that future system users shall contribute no more than an equitable share of the cost of then-existing facilities.
(B) The methodology used to establish or modify the growth-related expansion fee shall, where applicable, demonstrate consideration of the estimated cost of projected capital improvements needed to increase the capacity of the systems to which the fee is related. The methodology shall be calculated to obtain the cost of capital improvements for the projected need for available system capacity for future system users.
(C) The equation and factors used to establish or modify the systemwide improvements fee, the growth-related expansion fee, or both, shall be contained in a resolution adopted by the Council.
(Ord. 2017-30, passed 11-21-17)