11.20.040 Authorization of repayment agreements.
(A) Upon development of any property within or outside the city limits for which a special public improvements project will be constructed, the developer or owner paying the cost of the special public improvements may request the city manager or his designee after approval by the city council to enter into a reimbursement agreement to collect reimbursement amounts from the developers and owners of parcels specially benefited by the project located within or outside the city.
(B) Upon construction of special public improvements, the cost of which were financed by bonds issued by the city, including improvement or assessment bonds, the city may impose upon and collect reimbursement amounts pursuant to the terms of Section 11.20.060.
(C) Following approval by the city council, the city manager shall be authorized to enter into repayment agreements under this chapter. Such agreements shall be recorded in the office of the Navajo County recorder. (1976 Code § 18-4-4)