(1) Latecomer fees shall be based on the cost difference between the construction required by the town and the minimum construction required by the appropriate state agency to serve only the proposed constructed water or sewer facilities.

(2) Latecomer fees may be charged on the basis of acreage, by the lot, meter size, fire hydrant requirements, expected usage, or a combination of any of the foregoing, whichever is deemed most appropriate in order to provide for a fair pro rata share of the cost of the water or sewer facilities construction by any owner of real estate who did not contribute to the original cost of the construction, including not only those directly connected thereto, but also users connected to laterals or branches connecting thereto.

(3) Latecomer fees shall be in addition to any and all connection fees, charges, assessments, levies or deposits required by the town. (Ord. 550 § 2, 2012)