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Municipal Code, Complete - City of Santa Barbara

Municipal Code, Complete - City of Santa Barbara

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14.28.130 Water Main Extension Recovery Trust Account.<br />

Collection, pursuant to Sections 14.28.090 - 14.28.110 shall be credited to a Water Main Extension Recovery<br />

Trust Account on the general books <strong>of</strong> the <strong>City</strong>. Charges against this account shall be made only pursuant to the<br />

provisions <strong>of</strong> Sections 14.28.140 and 14.28.150. (Ord. 2931 §2(part), 1963; prior <strong>Code</strong> §44.73.)<br />

14.28.140 Refunds Generally.<br />

Periodically, but not less than twice a year the Department shall pay and refund to the persons originally paying<br />

for the water main, their proportionate share <strong>of</strong> the money paid by subsequent property owners who did not<br />

participate in the original cost and who were given permits to connect to the extended water main and who paid as<br />

provided in the Director's final cost sheet. Payments made hereunder shall be charged to the Water Main Extension<br />

Recovery Trust Account.<br />

Payments under this section shall be made to the person originally paying for such water main at his address<br />

appearing in the records <strong>of</strong> the Public Works Department and shall constitute a discharge <strong>of</strong> its duty under this section<br />

to pay as to all sums so paid unless the <strong>City</strong> shall have received and consented to an assignment <strong>of</strong> such right to<br />

another giving the assignee's name and payment address. (Ord. 2931 §2(part), 1963; prior <strong>Code</strong> §44.74.)<br />

14.28.150 Limitations on Refund Claims.<br />

Any claim by a contributing property owner for a refund which is payable out <strong>of</strong> the Water Main Extension<br />

Recovery Trust Account shall be made within a period <strong>of</strong> fifteen (15) years from the date <strong>of</strong> the original contribution.<br />

All moneys remaining in the trust account after such fifteen (15) years shall have elapsed from the time <strong>of</strong> its deposit,<br />

shall forthwith be transferred to the proper water fund revenue account. (Ord. 2931 §2(part), 1963; prior <strong>Code</strong><br />

§44.75.)<br />

293 rev. 9/30/95

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