2426 ORD AMENDING SECTION IX OF ORDINANCE NO 1315 OF COP ESTABLISHING SYSTEM FOR REIMBURSEMENT FOR EXTENSIONS OF WATER AND SEWER

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ORDINANCE NO. 2426 AN ORDINANCE AMENDING SECTION IX OF ORDINANCE NO. 1315 OF THE CITY OF PARIS, ESTABLISHING A SYSTEM FOR RE- IMBURSEMENT FOR EXTENSIONS OF WATER AND SEWER TO DEVELOP A TRACT OR LOT; REPEALING A PORTION OF PARA- GRAPH (5), SECTION IX OF ORDINANCE NO. 1315; REPEALING ALL ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT HEREWITH; AND PROVIDING FOR AN EFFECTIVE DATE OF JANUARY 1, 1979. BE IT ORDA INED BY THE CITY COUNCIL OF THE CITY OF PA RIS: Section l. That Section IX of Ordinance No. 1315 of the City of Paris shall be amended to read as follows: "Section IX. Participating Aid and Pro-Rata Reimbursement Policy. A. The City of Paris shall participate in the cost of re- quired improvements within an addition on the following basis: (1) Capital Outlay. (2) Time of Reimbursement. (3) Basis of Reimbursement. (4) Streets. (5) Sewer--Water. The subdivider shall be reimbursed the difference between the estimated cost of the con- struction of the system required to serve the addition and the actual cost of the construction he may be required to build. B. In the event that City water and/or sewage system is not available at the subdivision site, the subdivider has available the following pro-rata procedure: (1) Collection of Pro-Rata Charge. (a) A pro-rata charge shall be collected for the first water and/or sewer tap made to serve a property if the water or sewer main was constructed after December 31, 1978 and has not been in service longer than fifteen (15) years. The pro-rata charge shall be determined by total front footage of the property multi - plied times the cost per foot for the new line, which is being tapped. The cost per foot for each new main shall be recorded by the City Clerk and shall be com- puted as defined hereafter in Subparagraph (2). (b) No pro-rata charge shall be made on any water or sewer main which was not constructed under a pro-rata contract, or on which the contract has ex- pired.