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(1) Any developer/owner who desires an extension of city water or sanitary sewer lines to <br />serve his facility or property shall make written application to the planning and <br />development department to extend said water or sanitary sewer lines to and through the <br />subject tract. The planning and development department shall determine if the project <br />applied for is feasible. <br />(2) The planning and development department may approve a project's feasibility within <br />the city if it is determined the project is feasible based upon, but not limited to, the following <br />factors: <br />a. Economic practicability considering cost of project to city. <br />b. Anticipated revenue. <br />c. Availability of funds if the city's participation is sought or desired. <br />d. Engineering feasibility - construction plans must first be approved by city. <br />e. Plant capacity. <br />f. Trunk line capacity. <br />g. Benefits to city. <br />(3) If any developer/owner pays for and extends water and/or sanitary sewer lines, provided that <br />such extensions are in accordance with the city's Public Improvement Criteria Manual and are <br />accepted by the city for maintenance, then the developer/owner: <br />a. May apply for a utility extension agreement with the city. <br />b. May be eligible for a pro -rata reimbursement for a ten-year period if a utility extension <br />agreement is executed with the city prior to installation/extension and if the <br />owner/developer is seeking or seeks such future pro -rata reimbursement of the extended <br />utilities from developments seeking connections to said line. <br />(c) Developer's estimate. <br />(1) At the time of plan submittal developer shall provide the city three written construction <br />estimates and after the award of the bid for the project, the developer shall submit to the <br />city the actual cost of construction/installation as provided by the owner/developer's <br />contractor responsible for the construction and installation of the utilities. After the project <br />is completed and accepted by the city and final payment has been made to the contractor <br />by the developer, the developer may be eligible, under the provisions and procedure set <br />forth in section 74-285(b) above for the cost of extending said infrastructure/utilities. <br />(d) Project records. The planning department's office shall keep complete records on each project <br />made after the date of this division and each tract of land affected by each utility extension project <br />provided a utility extension agreement exists for the newly extended line. <br />(e) Stipulations on reimbursement. <br />(1) All reimbursements established under this division are an obligation of the city for a <br />period of ten years from the date of acceptance of the improvements, and, if qualifications <br />for refund under the terms of this division have not been met in this time, the city and <br />landowners of all future taps onto said utility line shall be automatically released of all <br />obligation and further bookkeeping on the account. <br />(2) A developer/owner shall not be required to pay a pro -rata reimbursement as described <br />in this division if the developer/owner is proposing to extend an existing line and will not <br />be gaining any direct utility service tap from the theretofore previously installed utility line. <br />(3) Pro -rata reimbursement charge formula. A reimbursement fee shall be made against <br />each tract or parcel that uses or ties onto the subject project water line or sanitary sewer line <br />based on the following formula: <br />rsement fee when <br />is requested <br />construction cost <br />project <br />al linear footage of <br />extension <br />Linear front footage of that certain tract that <br />onto previously extended line <br />