Section 13.24.020 City policy regarding recoupment agreements.

Since the making of and entering into public sanitary sewer and/or public water recoupment agreements with land developers is discretionary with the city, prior to the city making and entering into such agreements it shall be the policy of the city that: the city shall find and declare that is in the interest of the city to cooperate with the land developer in allowing the land developer to recoup or recapture part of the developer’s costs incurred to construct and install the sanitary sewer and/or water service involved. The ordinance of the city authorizing such an agreement shall set forth in the preamble of that ordinance how and why it is in the best interest of the city to acquire the facilities involved and allow the developer to recoup part of their costs incurred therefor. Since the city is required to incur legal fees, engineering fees and recording costs to make and enter into such agreements, the city may require reimbursement of those expenses as a condition for making and entering into recoupment agreements. Since the city is required to incur some costs for the administration of recoupment agreements and to collect for and remit payment of recoupment fees to land developers pursuant to recoupment agreements, the city may require payment or reimbursement of those expenses when making and entering into such agreements.