12.36.080 Cost Recovery Contract Ordinance Content.
A. When required, the ordinance prepared by the County Engineer shall include a copy of the proposed Cost Recovery Contract which shall:
1. Define the improvements for which reimbursements are to be made;
2. Describe the specific boundary of the Cost Recovery Area;
3. Define the estimated cost of the improvements and the estimated funding contribution thereto, if any, to be made by the County;
4. Define what share of costs will be paid by each property owner using a method of cost apportionment which is based upon the "benefit" to the property owner from the improvement(s);
5. Define when and how reimbursements are to be paid;
6. Define the conditions of participation by, and reimbursement to, the County and Owner involved in financing the County road improvements; and
7. Define the minimum participation threshold for all affected properties, consistent with thresholds established in PCC 12.36.020.E.