A. Effective January 1, 2006, all municipal water suppliers providing water service in the city shall pay a groundwater impact mitigation fee of fourteen (14) dollars per acre foot of water pumped to provide such service.
B. The fee shall be paid within sixty (60) days of the end of each month. The payment shall be accompanied by a report of the volume of water pumped from each well utilized to provide water service within the city. Fees not paid within thirty (30) days shall be subject to late fees and interest consistent with the city's standard practice.
C. All municipal water suppliers shall maintain records of all pumping for the purpose of supplying water within the city. Such records shall identify the volume of water pumped from each well utilized to provide water service within the city. Such records shall be subject to inspection by the city during normal business hours after providing five working days notice of intent to inspect such records.
D. In lieu of payment of the fee specified in Subsection A. above, and with concurrence of the city, a municipal water supplier may dedicate water rights to the city. The city, in its sole discretion, shall determine whether such dedication equals in value the amount of the fee otherwise applicable pursuant to Subsection A. above. (Ord. 2017-01 (part), 2017: Ord. 2005-09 § 2 (part), 2005)