Section 8-1.5-5-7 - Financing of facilities; user fees(a) The acquisition, construction, installation, operation, and maintenance of facilities and land for storm water systems may be financed through: (1) proceeds of special taxing district bonds of the storm water district;(2) the assumption of liability incurred to construct the storm water system being acquired;(5) any other available funds.(b) Except as provided in IC 36-9-23-37, the board, after holding a public hearing with notice given under IC 5-3-1 and obtaining the approval of the fiscal body of the unit served by the department, may assess and collect user fees from all of the property of the storm water district for the operation and maintenance of the storm water system. The amount of the user fees must be the minimum amount necessary for the operation and maintenance of the storm water system. The assessment and collection of user fees under this subsection by the board of a county must also be approved by the county executive.(c) The collection of the fees authorized by this section may be effectuated through a periodic billing system or through a charge appearing on the semiannual property tax statement of the affected property owner.(d) The board shall use one (1) or more of the following factors to establish the fees authorized by this section: (1) A flat charge for each lot, parcel of property, or building.(2) The amount of impervious surface on the property.(3) The number and size of storm water outlets on the property.(4) The amount, strength, or character of storm water discharged.(5) The existence of improvements on the property that address storm water quality and quantity issues.(6) The degree to which storm water discharged from the property affects water quality in the storm water district.(7) Any other factors the board considers necessary.(e) The board may exercise reasonable discretion in adopting different schedules of fees or making classifications in schedules of fees based on:(1) variations in the costs, including capital expenditures, of furnishing services to various classes of users or to various locations;(2) variations in the number of users in various locations; and(3) whether the property is used primarily for residential, commercial, or agricultural purposes.As added by P.L. 125-1987, SEC.1. Amended by P.L. 176-2002, SEC.6; P.L. 282-2003, SEC.10; P.L. 114-2008, SEC.3.