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Any person who incurs the expense of installing a main line or trunk line in a street or easement which is adjacent to the property of another may receive reimbursement of part of that expense as follows:

(1) The party installing the line shall enter into a written reimbursement agreement with the City before the line is completed.

(2) If, within ten (10) years from the date of the reimbursement agreement, a party connects to the line described above, the party who installed the water line shall at the time of the connection receive a reimbursement from the City in the amount shown in the Consolidated Fee Schedule. The amount of money to be paid by the connecting party shall be the amount described in the Consolidated Fee Schedule. The money paid by a connecting party pursuant to this Section is separate from and in addition to the payment of water connection fees. In no event shall the right of reimbursement exceed the amount actually collected by the City from the connecting party.

(3) If Provo City installs at City expense a water main line, Provo City may receive reimbursement from connecting parties pursuant to this Section as though the City were a private party. The agreement described in Subsection (1) of this Section shall not be required for reimbursement to the City.

(4) The provisions of this Section shall apply to new main line extensions benefiting property not previously serviced, and shall not apply to instances of water main line replacement where water service has previously been provided.

(5) The reimbursement payment described in this Section shall be paid at the time the building permit is issued. The rate of reimbursement shall be the rate which is in effect at the time the payment is made.

(Am 1989-60, Am 1994-52, Am 2006-49, Am 2019-31)