THE CORFGRATION OF THE GH OF PENT COQUITLAM ; oe The Public Works Committee wishes to have a thorough discussion on this issue with Council In Committee. ITEM IZ Re: Policy for Refund of Water Impost As Council is aware, developers are required to pay $300.00 for each residential unit created which is intended to be spent for future upgrading of the watermain system. Past practise has also been that where it is necessary for a developer to extend a watermain to reach his property from some distance away, he has been required to do this at his own cost. It has been pointed out that this is a form of double impost in that the developer upgrades a portion of the City System as well as paying for future upgrading. It has been suggested that where a developer is required to extend a water- main beyond his property, the cost of this extension be refunded to him from his impost up to the maximum limit of his total impost. The Public Works Committee wishes to know whether Ccuncil will consider such a refund policy. A specific example of the effect of such a policy would be Walter Mitt's apartment proposal on Atkins. His tdal impost for future watermain construction would be $7,200.00. He is also required to extend an @-inch watermain for 120 feet beyond his property in order to connect to an existing watermain. The cost of this extension would be $3,000.00 and if Council decided ‘to approve a refund policy, $3,000.00 of his impost money would be refunded after completion of the work. Respectfully submitted, ~~. tt - PLE. Peters, P. Eng., City Engineer for Public Works Committee.