13.30.050 Determination of Fee Amount.
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(A) Methodology. The fee shall be determined by (1) calculating the cost of the sanitary sewer system, including principal and interest needed to repay the revolving loan fund or to reimburse the City in full for such payments; (2) determining the land area in acres, within the Area excluding right-of-way; and (3) dividing the total principal and interest costs by the acreage, excluding right-of-way, within the Area.
(B) Calculation.
(x) = Principal and interest cost of Sanitary Sewer System.
(y) = acres within Area, excluding right-of-way.
(F) = Fee per acre.
(x) / (y)= (F) (Ord. 94-71 § 1, 1994.)