Upon compliance with this chapter, an owner who constructs utility improvements pursuant to a utility extension agreement shall receive latecomer reimbursement from owners of real property abutting the utility improvements who:

A. Did not contribute, in whole or in part, to the original cost of the utility improvements;

B. Are within the reimbursement area that is established under this chapter;

C. Have been assessed a reimbursement charge under this chapter; and

D. Within 15 years after the execution of the latecomer reimbursement agreement, either connect such real property to the water or sewer improvements or use the stormwater improvements. (Ord. 2002-01 § 1, 2002)