The purpose of this article is to establish
appropriate provisions for the construction and expansion of the water
distribution system of the Town and to be assured that the cost of
such construction and expansion is borne by those who receive the
benefit thereof.
As used in this article, the following terms
shall have the meanings indicated:
AREA CONNECTION CHARGE
That one-time rate, charge or assessment imposed by the Town
Council on an owner or owners of a new, remodeled or restored residential,
commercial, institutional or industrial structure or structures, or
any combination thereof, to which water service is provided or is
to be provided by the Town of Millsboro to defray the cost of reviewing,
planning, designing, expansion or enlargement, or any combination
thereof, of existing water distribution facilities or the cost of
planning, designing and construction of new facilities, or any combination
thereof, including new wells, said charge to be imposed and paid by
the owner at a time or times prescribed by the Town Council.
AREA IMPACT CHARGE
That one-time fee, rate, charge or assessment imposed by
the Town Council on an owner of a new, remodeled, restored or enlarged
residential, commercial, institutional or industrial structure or
structures, or any combination thereof, to which water service is
provided or to be provided by the Town of Millsboro which had not
previously been served by the Town of Millsboro and which, while not
requiring the expansion of the water distribution system or the construction
of new facilities, contributes to the decreasing of an adequate reserve
for furnishing water service within the area served by the Town of
Millsboro and shall be a pro rata share of the use of the capacity
of the water distribution system determined by the Town Council based
upon the size of the property, the use to which the property is to
be put and the amount determined by the Town Council to be sufficient
to compensate the Town of Millsboro for any capital expansion costs
required to plan, design, acquire and construct facilities with adequate
capacity to serve new users of the water distribution system. The
area impact charge shall be payable at a time or times determined
by the Town Council.
WATER CAPITAL RESERVE ACCOUNT
An account established in a bank or trust company into which
shall be deposited all funds received from the payment of the area
connection charge and area impact charge and from which funds shall
be expended only for the purpose of paying the principal of and interest
on any bonds issued for the construction, installation, repair, maintenance
or replacement of waterlines, the making of emergency repairs, major
renovations, or extensions or expansion, or any combination thereof,
to the water distribution system, including repairs and renovations
to the wells, as determined by the Town Council.