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The Director shall review the application for the establishment of a reimbursement district and evaluate whether a district should be established. The Director may require the submission of other relevant information from the applicant in order to assist in the evaluation. The Director shall prepare a written report for the City Council, discussing and making recommendations concerning the following factors:

(1) Whether the applicant will finance some or all of the cost of a public improvement, thereby making service available to property, other than property owned by the applicant;

(2) The area to be included in the reimbursement district;

(3) The estimated cost of the public improvement(s) within the proposed reimbursement district and the portion of the cost for which the applicant should be reimbursed for each improvement;

(4) A methodology for spreading the cost among the parcels within the reimbursement district and where appropriate defining a “unit” for applying the reimbursement fee to property which may, with City approval, be developed at some future date;

(5) The amount to be charged by the City for administration of the agreement by the City. The administration fee shall be fixed by the City Council and will be included in the resolution approving and forming the reimbursement district. The administration fee is due and payable by the Applicant to the City at the time the agreement is signed.

[Added Sec. 3, Ord. No. 2007-84, Apr. 19, 2007.]