A. “Cost of construction” means those costs incurred for design, acquisition for right-of-way and/or easements, construction, materials and installation required in order to create an improvement which complies with city standards. Until such time as RCW Chapter 35.91 is amended to expressly authorize inclusion of interest charges or other financing costs, such expenses shall not be included in the calculation of construction costs. In the event of a disagreement between the City and the applicant concerning the cost of the improvement, the City director’s determination shall be final.

B. “Director” means the Director of Public Works or his/her designated representative.

C. “Reimbursement agreement” means a written contract between the City and one or more property owners providing for construction of water or sewer facilities and for partial reimbursement to the party causing such improvements to be made of a portion of the costs of such improvements by owners of property benefitted by the improvements, as more specifically described in RCW Chapter 35.91.

D. “Water or sewer facilities” shall have the meaning specified in RCW 35.91.020 as it now reads, or as hereafter amended. (Ord. 1429 § 1 (part), 1988).