53.05 Methodology.
(A) The methodology used to establish the reimbursement fee shall be based on, when applicable:
(1) Ratemaking principles employed to finance the city’s water-related capital improvements, prior contributions by existing water users, gifts or grants from federal or state government or private persons, the value of unused capacity available to future system users or the cost of the existing facilities, and other relevant factors identified by the city; and
(2) The methodology for establishing or modifying a reimbursement fee must:
(a) Promote the objective of future system users contributing no more than an equitable share to the cost of existing facilities; and
(b) Be available for public inspection.
(B) Improvement fees must be based on a methodology that is available for public inspection and be calculated, to obtain the cost of capital improvements for the projected need for available system capacity for future users. The improvement fee must demonstrate consideration of:
(1) The projected cost of the capital improvements identified in the plan and list contained within Attachment A (attached to Ordinance 2009-01) that are needed to increase the capacity of the water system; and
(2) The need for increased capacity that will be required to serve the demands placed on the water system by future users.
(C) The methodology used to establish both the water reimbursement and improvement fees shall be that contained within Attachment A (attached to Ordinance 2009-01). (Ord. 2009-01, passed 05/11/2009; Ord. 2022-01, passed 06/13/2022. Formerly 51.34)