[Adopted 3-1-1973 as § 30-18 of Ch.
30 of the 1973 Code]
The cost of water meters shall be borne 100% by the property owners
benefiting therefrom and shall be assessable therefor as follows:
A. If payment is made in full, there shall be no interest
charged.
B. Payment may be made in four equal installments over a
period of four years at an interest rate of 6% per annum.
C. In no event shall payment exceed a period of four years.