10-3-8: FINANCING IMPROVEMENTS:

   A.   Authorized: Improvements to the geothermal system, including, but not limited to, the purchase, acquisition or condemnation of private property, and the planning, design, construction, reconstruction, extension, enlargement, purchase or acquisition of the system and the facilities, may be financed and paid for as follows:

      1.   From the Geothermal System Fund created by this chapter and as authorized by the Council; or

      2.   By the issuance of Municipal bonds; or

      3.   By the creation of local improvement districts as provided by Idaho Code title 50, chapter 17; or

      4.   By the property owners specially benefitted by the improvements; or

      5.   By any combination of the above or any other method which, in the judgment of the Council, may be fair and equitable in consideration of the benefits accruing to the general public, benefits accruing to the property owners within the area in which the improvements will be constructed and the financial condition of the City and the property owners in the area.

   B.   Contribution To Cost Of System: Any person, firm, partnership, corporation or association or property owner who has not otherwise paid for, or contributed proportionately toward, the costs and expenses of constructing the geothermal system or improvements, whether that construction be by the City, a local improvement district or a private developer, and who subsequently desires to connect to the geothermal system, may be required to pay the service charges and connection fees as required by this chapter.

   C.   Extensions: The extension to the geothermal system by the user, when accepted by the City, shall thereafter constitute a part of the geothermal system of the City and all right, title and interest in and to such extensions shall be held by the City and be used, operated, maintained and managed by the City as part of its geothermal system. (1952 Code § 8-12-08; amd. Ord. 30-21, 6-22-2021)