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HomeMy WebLinkAbout0218_0001credit was on a water line then credit shall be limited to Capital Recovery Fees for water distribution line service. If the qualifying construction was on a sewer line then,the only credit that can be allowed because of such construction shall be on Capital Recovery Fees for sewer collection line service. 5. If such application qualifies and..is approved then the Applicant will be allowed a credit in the amount in question toward future utility permit fees owing by Applicant. 6. All the conditions set.out in paragraphs 1, 2,' 3, 4 and 5 of this Ordinance shall be fully applicable to said .reimbursement. BE IT FURTHER ORDAINED BY THE CITY COUNCIL OF,THE CITY OF GEORGETOWN that reimbursement from payments by third parties is authorized under the terms, conditions and requirements hereinafter appearing: 7. If the amount to be reimbursed exceeds the allowable credits, thereafter, as third -parties connect to such line or improvement, and pay their Capital Recovery Fees -the portion paid for the utility service that corresponds to the existing reimbursement privilege will be paid to Applicant to the extent of but not to exceed the amount Applicant has paid for such o versizing. There may be more than one reimbursement required in order to pay the full.amount of the said.oversize reimbursement privilege. Unless Applicant becomes entitled to such credit or reimbursement and has requested same in writing within five (5) years of date of original application then no such credit or reimbursement shall be allowed. S. At the City Manager's direction, appropriate accounts shall have been established. Reimbursement may occur only without commingling City funds, disrupting budgetary policy or otherwise violating the City. of Georgetown's Charter, its Ordinances and the laws of the State of Texas 9. Off site improvements other than lines shall be .individually negotiated with the City Council. 10. Applicants for such reimbursement shall be solely responsible to timely claim such reimbursement in writing and the.