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monthly water service charges. However, a subsequent owner shall pay in a lump sum at <br />the time of sale of the water and or sewer served real property any balance remaining on <br />the previous owner's obligation for sewer and /or water main extensions under this section. <br />(c) Notwithstanding the foregoing, an owner of vacant real property served by a sewer and /or <br />water main installed by the City shall fully assume and pay the maximum construction <br />charge assessable under this article upon construction of any improvement to the vacant <br />land. If the land is in the City limits at commencement of construction, City rates shall <br />apply. If the land is outside City limits at the commencement of construction, non -City <br />rates shall apply. However, the Board of Public Works may make exceptions for an owner <br />of real property outside the City who qualifies for annexation to the City under the <br />requirements of state statute (IC 36 -4 -3 -1 et seq.) and who has irrevocably petitioned for <br />annexation contemporaneously with hook -up to municipal utility lines. <br />Sec. 17 -86. - Waiver of annexation and City compact fees. <br />(a) In consideration for the City's extension of sewer and /or water main lines to areas outside <br />City limits, the owner of any such real property located outside City limits who wishes to <br />connect to a City main line shall execute a waiver of right to demonstrate against <br />annexation as a condition of tapping into the City's main line. <br />(b) As a further condition of a non -City resident tap into City sewer and /or water main lines, <br />an owner of real property situated outside the City limits shall pay a compact fee annually <br />to the City for one (1) utility (whether sewer or water service) which compact fee is thirty <br />(30) percent of the difference between the County and City tax rates. If two (2) utilities <br />(both sewer and water service) are used, then the annual compact fee shall be fifty (50) <br />percent of the difference between the County and City tax rates. <br />Sec. 17 -87. - D contracts ff + a Exemptions. <br />(a) Owners who have either executed a permit to connect or who connected to the City's sewer <br />or water line prior to September 1, 2016 shall be exempt from assessment fees. <br />(b) The rates set forth in this article shall not apply to user contracts executed with the City prior <br />to the effective date of this article. For all such users, the contract rate shall apply and the <br />terms of the contract shall supersede this article. <br />(c) Notwithstanding anything contained herein this Chapter 17, Article 10, the City reserves the <br />right to retain any assessment which has been collected prior to January 1, 2016. <br />Sec. 17 -88. - Board of Works rate modification. <br />The Board of Works shall, as needed, recommend any modification to the rates established <br />in this article to reflect fluctuations in construction costs. <br />Section II. This Ordinance shall be in full force and effect from and after its passage by the <br />Common Council, approval by the Mayor, and any publication required by law. <br />rd <br />