An owner desiring to obtain water service from the water system to serve any area outside the corporate limits of the town shall pay to the town a plant investment fee (PIF) in an amount equal to one and one-fourth (1.25) times the in town PIF rate as specified in section 12-4-3 of this title. PIFs for out of town water service shall be determined in the same manner as PIFs for in town water service are calculated. (Ord. 17, Series 2016)