A. Payments of the latecomer charge may be made to the city or the beneficiary under the latecomer agreement in accordance with the city’s rules and terms of the agreement.

B. Payment to the city must be by one lump sum including administrative costs. The city will pay over the amount due to the beneficiary within sixty days of receipt of such payment.

C. If payment of the latecomer charge is made to someone other than the city, the city will require proof of payment in the form of a release from the beneficiary and proof of recording before allowing connection to the system. The city will not be involved in enforcing private payment arrangements or mediating payment dispute between parties.

D. Throughout the term of the agreement the beneficiary must, in writing, certify annually in January the name(s) and address(es) of the beneficiary. The city is not responsible for locating any person who may be entitled to benefits under any agreement. Failure to receive the annual certification required under this subsection gives the city cause to refuse to make payment under the agreement and money received may become the sole and exclusive property of the city.

E. The recovery period shall be fifteen years for the city and ten years for private parties except where the city council determines that fifteen years is appropriate based on a private party’s major contribution to off-site improvements not mandated by city ordinance. (Ord. 2637, 2003; Ord. 2523 § 9, 2000)