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ORDINANCE NO. 529 PAGE TWO OF FOUR SECTION II. Definitions Utility Factor. (A) Utility Factor. The utility factor is defined as the ratio of runoff volume, in inches, for a particular land use, to the runoff volume, in inches for an average single-family residential lot, assuming a 2-inch rainfall and Soil Conservation Service (SCS) "Type B" soil conditions. (B) Surface Water Management Fee. The surface water management fee is defined as the quarterly charge developed for each parcel of land pursuant to this Chapter. (C) Quarterly Surface Water Management Revenue Requirement. The quarterly surface water management revenue requirement is the estimated quarterly expenditures for planning and inventories, capital expenditures, personnel, equipment and operation of the surface water utility, in accordance with established City policy. The quarterly surface water management revenue requirement and resulting surface water management fees shall be established for a period of time as set by City Council resolution. SECTION III. Surface Water Management Fee. (A) The Surface Water Management Fee shall be determined by first determining the percentage of total runoff in the City which is attributed to Residentia property. The Total Fee for all Residential property in the City is computed by multiplying the runoff percentage by one -quarter (1/4) of the annual Surface Water Management Revenue Requirement. The Residential Surface Water Management Fee, per acre, is determined by dividing the Total Residential Fee by the estimated total acres of Residential land use in the City. (B) The Surface Water Management Fee for Residential, Townhomes/condominiums, Apartments and Mobile Home Parks will be determined on a per -household basis rather than a per acre basis. The Fee per household is determined by first determining the Total Fee for each land use. The Total Fee for each land use is determined by multiplying the Total Fee for all Residential property by the appropriate utility factor based on land use. The Total Fee is then divided by the total number of households for the particular land use, resulting in cost per household. (C) The Surface Water Management Fee for all individual parcels, excluding residential, shall be defined as the product of (1) the Residential Surface Water Management Fee (per acre); (2) the appropriate utility factor based on land use, and (3) the total acreage of the parcel. Subdivision 1. Credits. The Council may adopt policies, by resolution, for adjustment of the surface water management fees. Information to justify a fee adjustment must be supplied by the property owner. Such adjustments of fees shall not be retroactive unless provided within said resolution. Credits will be reviewed regularly by a staff committee.