§ 53.04 PARTICIPATING CHARGE FOR TAP-IN; PAYMENT.
   (A)   (1)   Any property owner who installs a tap-in sewer line into the Northside Sewer Improvement District Number II sewer line shall be subject to a participation charge based upon the following formula:
 
Cost of Project
Cost Per Gallon
Estimated Gallon
Gallon Per Day =
Per Day X
Per Day Usage Of
Capacity of Line
Tap-In Applicant
- 1/25 for each year after 1-1-1995
 
      (2)   The City Engineer will compute the participation charge for each applicant in accordance with the formula set forth in division (A)(1) above. The City Engineer shall use industry standards or state’s Department of Water Quality standards to estimate the gallons per day usage of the applicant.
(Prior Code, § 8-11.04)
   (B)   (1)   Prior to the issuance of a building permit by the city for a tap-in sewer line, the tap-in applicant must deposit with the city the participation charge as determined by the city.
      (2)   The city will establish a separate account for participation charges assessed pursuant to this chapter. Sums collected shall be treated as trust funds to be paid to the land owners of the parcels of land upon which the Northside Sewer Improvement District Number II assessments have been imposed, or upon their successors or assigns. The participation charge shall be distributed to the owners of each parcel, pro rata, based upon the amount of each parcel’s assessment relative to the Northside Sewer Improvement District Number II cost of project. Unless otherwise agreed to in writing between a seller and purchaser of land within the Northside Sewer Improvement District Number II boundaries, the right to collect a participation charge distribution shall be deemed to be a right which runs with the land and payable to the owner of the land at the time the distribution is made.
(Prior Code, § 8-11.05) (Ord. 734, passed - -1994)