Sec. 13-2-230. Dedications for infill or special circumstances.
An annual cash-in-lieu allowance may be set by resolution by the Board of Trustees. The Board of Trustees by resolution may delegate the authority to accept cash-in-lieu water rights or shares for the following limited purposes:
(a) Water dedication requirement per one (1) single-family residential infill lot;
(b) Water dedication requirement per one (1) commercial/industrial lot, not to exceed 1.8 AF.
(c) Or as a project aligns with the goals of the strategic plan adopted by the Board of Trustees.
Such authority may be limited to a total number of dedications per year, total number of acre-feet per year, or other restrictions as determined by the Board of Trustees to ensure an adequate and stable supply of water to all Town water users, to ensure the financial stability of the Town water utility and to promote the general welfare of the public. (Ord. 1387 §1, 2023)