§ 34-232. Fees.

(a)

Every permit granted under this division, with the exception of those permits necessitated due to an adjustment, relocation or replacement of a pipeline requested or required by the city or another governmental entity, shall provide for the payment by the owner or operator to the city of an initial permit fee in the amount of $500.00 per pipeline and for the payment of an annual fee in the amount of $300.00 per pipeline per year payable annually in advance on or before the anniversary date of the final passage of the ordinance granting such permit. The owner or operator may, at his election and option, pay in advance, at the time the initial permit fee is paid, the aggregate amount of the annual fees to be thereafter payable for the full term covered by the permit, discounted to its then-present value at the prime interest rate then charged by Texas Local Government Investment Pool (TEXPOOL), or its successor in interest. If advance payment is made of such annual fees, no further annual fees shall be payable during the life and term of the permit.

(b)

The owner or operator of a pipeline that must be registered under this article shall pay an initial registration fee in the amount of $200.00 per pipeline and shall pay an annual fee thereafter in the amount of $200.00 per pipeline per year, payable annually in advance on or before the anniversary date of the registration of the pipeline. The owner or operator may, at his election and option, pay in advance, at the time the registration fee is paid, the aggregate amount of the annual fees to be thereafter payable for a number of years, not to exceed 30 years, discounted to its then-present value at the prime interest rate then charged by Texas Local Government Investment Pool (TEXPOOL), or its successor in interest. If such advance payment is made of such annual fees, no further annual fees shall be payable during the specified number of years for which payment is made.

(c)

The permit fees, registration fees and annual payments required in subsections (a) and (b) of this section are commensurate with and not in excess of the city's expense involved in administering this article as well as the city's cost pertaining to the regulation of its public ways in light of the owner's or operator's occupancy, use or maintenance of encroachments in the public ways.

(d)

The annual payments required in subsections (a) and (b) of this section that are not timely paid shall accrue interest at the rate of ten percent per annum.

(Code 1967, § 11¼-22; Ord. No. 7839, § 1, 11-12-96; Ord. No. 10,414, § 1, 9-14-06; Ord. No. 12,565, §§ 1, 2, 6-12-14)