§ 19-141. Refundable advances.  


Latest version.
  • The county requires in many cases, in addition to the contribution provisions set forth herein, a construction cost advance by the applicant to further temporarily defray the cost of any off-site facilities necessary to connect the applicant's property with the then terminus of the facilities adequate in size to provide service as deemed appropriate by the county. As set forth elsewhere in this service availability policy, the applicant shall always be responsible for his "hydraulic share" of the cost of off-site facilities. However, this division recognizes instances in which an applicant will be required to advance the hydraulic share applicable to other undeveloped property in order that off-site facilities may be constructed to serve the subject property. All amounts expended by the applicant, over and above the hydraulic share for off-site facilities shall be rebated to the applicant in accordance with the terms and conditions of a rebate agreement which the county will execute. The rebate agreement shall provide for a plan of rebate based upon the connection of other properties, to the extent of their hydraulic share, for those properties lying between the terminus of the county system and the terminus of the improvement served by the off-site facilities installed by the applicant. Notwithstanding the provisions of this section, the county will limit the life of such rebate agreement to a term of not more than seven (7) years, after which time any portion of the rebates not made by the terms and conditions of the rebate agreement will have lapsed and thereafter, such rebate agreement will be canceled. In no event shall the rebate cover an amount greater than the difference between the capitalized cost of such off-site facilities and the applicant's own hydraulic shares of such facilities. The county shall not include any interest upon the rebates.

(Ord. No. 96-35, § 22, 11-5-96)