O-2005-759-A duplicate ord 759-A issued in error/original done 3-20-67

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e EXHIBIT "A" e 4. In the event that the calculated development fees are less than the cost to the developer/owner to install or extended any needed water and/or sanitary sewer utilities, the owner/developer: a. may apply for a Utility Extension Agreement with the City. b. may be eligible for a pro-rata reimbursement of the difference for a 10 year period if a Utility Extension Agreement is executed with the City prior to installation/extension and if the owner/developer is seeking or seeks such future pro-rata reimbursement of the extended utilities from developments seeking connections to said line. C. Developer's Estimate 1. At the time 'of plan submittal developer shall provide the City three (3) written construction estimates and after the award of the bid for the project, the developer shall submit to the city the actual cost of construction/installation as provided by the owner/developer's contractor responsible for the construction and installation of the utilities. After the project is completed and accepted by the city and final payment has been made to the contractor by the developer, the developer may be eligible, under the provisions and procedure set forth in Section 74-2878 above for the difference between the cost of extending said infrastructure/utilities, and the development fees that would otherwise be normally assessed the site or parcel. 2. In no case shall the development fee be less than the cost of the required water meter and appurtenances, sanitary sewer stack and/or tap, and the inspection of the physical tap by city personnel. D. Project records. The Planning Department's office shall keep complete records on each project made after the date of this division and shall determine the development fee to each tract of land affected by each utility extension project provided a utility extension agreement exists for the newly extended line. E. Stipulations on reimbursement. 1. All reimbursements established under this division are an obligation of the city for a period of ten (10) years from the date of acceptance of the improvements, and, if qualifications for refund under the terms of this division have not been met in this time, the city and landowners of all future taps onto said utility line shall be automatically released of all obligation and further bookkeeping on the account. A developer/owner shall not be required to pay a pro-rata reimbursement as described in this division if the developer/owner is proposing to extend an existing line and will not be gaining any 2. 5