Section 13.24.050 Beneficiary charge.

Any owner of real property who directly connects into or indirectly uses sewerage facilities to deposit waste water therein or uses potable water facilities to draw water therefrom which are subject to a recoupment agreement, shall pay a recoupment fee, at a user rate to be determined by and set forth in the recoupment agreement. The user rate to be assessed against each benefitted property and charged to the beneficiary served directly or indirectly by the sponsored sanitary sewer and/or potable water improvement as established and set forth in the recoupment agreement will be approved by the city council, with the advice and recommendations of the city engineer. Once the user rate is determined and established and the recoupment agreement is made and entered into between the city and the sponsor, any beneficiary owning benefitted property located with the FPA of the city who directly connects to or indirectly uses the sponsored water or sewerage service which is subject to recoupment will be required to pay the recoupment fee until: (i) the term of the recoupment agreement expires, or (ii) the sponsor collects the full recoupment the sponsor is due (plus interest due, if applicable), whichever first occurs.