1.Dwellings, hotels, motels, apartments and other multiple dwelling units: an amount equal to the total City taxes which would be levied if such property were within the City limits.

2.Commercial, industrial and all other properties not covered by subsections (d)(1) and (3) of this section: an amount established by the City Council but not less than an amount equal to the total City taxes that would be levied if such property were within the City limits.

3.Hospitals, churches, schools and other tax-exempt institutions of a quasi-public nature, including, but not limited to, such institutions hereinabove enumerated: an annual service charge, not based upon a theoretical assessed valuation, but directly related to the cost incurred by the City in providing the service to the institution at a premium rate at least twice the cost to the taxpayers within the City. The Council may also find and determine that privately owned institutions of similar character providing a quasi-public service should, for equitable reasons, pay service fees on substantially the same basis as tax-exempt institutions and may, therefore, establish the fees for such institutions pursuant to this section. Any basic rate established by the Council under this subsection may be reviewed at least once every four years and the contract shall so provide.

4.For purposes of this subsection, the tax rate shall be the annual City tax rate within the highest district of the City, including both the general City tax rate and any amounts for bond redemption, but shall exclude special assessments. The assessed value shall be as shown on the last equalized assessment roll of the county. For new structures, where the assessed value has not been established, the Finance Director shall estimate the assessed value and shall adjust the fees paid when such properties appear on the assessed roll. All annual fees shall be paid on or before July 1st of each year. Connections made after July 1st of any year shall be pro-rated to the next July 1st.