§ 20-16. Purpose of article and method of finance.

Latest version.

(a)

This article establishes procedures to facilitate the orderly expansion of the city's water supply system and wastewater treatment system.

(b)

In order to finance these capital improvements, several combined methods of financing will be necessary, one of which is an impact fee defined as "a new building's contribution toward its equitable share of the cost of capital improvements required to serve new users."

(Ord. No. 81-29, §1(20-2), 9-22-81)

                    
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