§ 25-9-66. COST PARTICIPATION PAYMENT.  


Latest version.
  • (A)

    Desired Development Zone. For cost participation relating to an improvement associated with a service extension request in the desired development zone, the City shall pay its portion of the cost 90 days after the date the City accepts the improvement.

    (B)

    Drinking Water Protection Zone. For cost participation relating to a water improvement associated with a water service extension request to a tract in the drinking water protection zone, the City shall pay its portion of the cost in four equal annual installments, without interest, with the first payment to be made on March 1 of the second year after the year in which the City accepts the improvement.

Source: Ord. 000406-87; Ord. 031211-11; Ord. 20090820-061; Ord. 20130321-065.