Section 21-2-2 Information
A. The Utilities Director will review the information submitted. Upon review and approval of all information submitted, the Utilities Director may prepare a reimbursement agreement for Town Council consideration and approval.
B. Reimbursement agreements shall state to whom reimbursements shall be made and shall include a diagram of the properties and respective amounts from which line payback charges may be collected.
C. Reimbursement agreements shall state the maximum reimbursement to the developer/owner for the cost of system improvements installed by owner from which others may be served. The developer/owner shall receive line payback charges within the payback period only from those property owners who tie into the line installed by developer/owner and thereby receive a benefit. [Prior code § 21-2-2.]