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Ord 1985-119
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Ord 1985-119
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8/30/2007 9:33:48 AM
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8/30/2007 9:33:48 AM
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City Clerk
City Clerk - Document
Ordinances
City Clerk - Type
Emergency Approval
Number
1985-119
Date
11/25/1985
Volume Book
74
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<br /> City shall use this amount only to provide the Regional <br /> facilities as specified in the Service Plan. Developer shall pay <br /> for the City's pro rata share prior to the date of approval of <br /> the first construction contract for the 1990 Regional facilities <br /> as presented in the Service Plan, but in any case no later than <br /> thirty (30) days after the election for the confirmation of the <br /> District. Said payment shall be in the form of either (i) an <br /> irrevocable letter of credit which may be drawn upon periodically <br /> as construction of Regional facilities progresses and in a form <br /> acceptable to the City Attorney or (i i) in cash. The City shall <br /> be responsible for financing all other costs of its pro rata <br /> share of the 1990 improvements as described in the Service Plan. <br /> ( 2) The City shall reimburse Developer for this <br /> initial financing of a portion of the City's pro rata share on a <br /> monthly basis from connection fees as more specifically set out <br /> in Section F of this Article. <br /> ( 3) The City shall not permit the District's pro <br /> rata share of purchased capacity in the Regional facilities to be <br /> allocated to another party. The City shall make available to the <br /> District information regarding numbers and amounts of capacity <br /> committed to others from its pro rata share. <br /> F. The City agrees to establish and collect water and <br /> wastewater connection fees from both in-district customers and <br /> all other water and/or wastewater customers within the Service <br /> Plan area unless and until some other mutually agreeable method <br /> of reimbursement to Developer is established. The fee shall be <br /> Five Hundred Dollars ($500.00) or such other fee as mutually <br /> agreed upon by the City, Developer and the District. Of the fee <br /> collected within the District, Four Hundred Dollars ($400.00) <br /> shall be returned to Developer as set out under Section E(2) of <br /> this Article to reimburse Developer for amounts paid by Developer <br /> to finance the City's pro rata share of capacity in the Regional <br /> facilities in accordance with the Service Plan. The remaining <br /> One Hundred Dollars ($100.00) shall be retained by the City as <br /> -10- <br />
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