§ 5-6.913. No Capacity Charge for Historical Capacity Amounts.

If a user purchases permitted capacity rights, from either the City or another User pursuant to this Code, that user will pay the purchase price to the City's bank or to the selling user, as the case may be, but the purchasing user will not pay a capacity charge to the City unless and until the purchased rights exceed that user's historical capacity (including any historical capacity transferred to the user) as calculated pursuant to and in accordance with City Council Resolution No. 2007-422.

(Added by Ord. 3503-C.S., § 1, effective 3-5-09)