Bill No. 29-22 An Ordinance Amending System Development Charges Within Various Sections of Chapter 17, Article 10 of the SB Municipal Code

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Sec. 17-84. Party responsible for payment of charge. The owner of the property as determined by the record of deeds in the Office of the Recorder of St. Joseph County shall be responsible and liable for the sewer and/or water installation construction charges required by this article. (Ord. No. 9330-02, § I; Ord. No. 10440-16, § I, 6-27-16)Sec. 17-85. Methods of payment; prepayment with discount; installment plan. (a) The property owner may pay all charges in full prior to time the installation work is commenced. Prepayment of expenses in advance under this section shall entitle the owner to a ten (10) percent discount of the total charge. (b) A single family residential real property owner may pay the charges under this article by sixty (60) monthly installment payments with interest at the rate of two (2) percent below the City's prime borrowing rate established by the Board of Public Works by December 1 of each year for the following calendar year. The interest at the commencement of the residential owner's sixty -month payment plan shall be constant throughout the sixty -month term. The installment payment under this section shall be added to the monthly sewer/water bill and paid in the same manner and under the same conditions as the monthly water service charges. However, a subsequent owner shall pay in a lump sum at the time of sale of the water and or sewer served real property any balance remaining on the previous owner's obligation for sewer and/or water main extensions under this section. (c) Notwithstanding the foregoing, an owner of vacant real property served by a sewer and/or water main installed by the City shall fully assume and pay the maximum construction charge assessable under this article upon construction of any improvement to the vacant land. If the land is in the City limits at commencement of construction, City rates shall apply. If the land is outside City limits at the commencement of construction, non -City rates shall apply. However, the Board of Public Works may make exceptions for an owner of real property outside the City who qualifies for annexation to the City under the requirements of state statute (IC 36-4-3-1 et seq.) and who has irrevocably petitioned for annexation contemporaneously with hook-up to municipal utility lines. (Ord. No. 9330-02, § I; Ord. No. 10440-16, § I, 6-27-16)Sec. 17-86. Waiver of aAnnexation and City eempaet connection fees. In consideration for the City's extension of sewer and/or water main lines to areas outside City limits, the owner of any such real property located outside City limits who wishes to connect to a City main line shall execute a Consent to Annexation, Waiver of Rights to Remonstrate and Acknowledgement of City System Development Charges, which shall be recorded with the St. Joseph County Recorder's Office. If the property is at least 1/8 contiguous to the City limits, the property owner shall file for a voluntary annexation waivep-e� (Ord. No. 9330-02, § I; Ord. No. 10440-16, § I, 6-27-16; Ord. No. 10461-16, § 4, 10-24-16)