“Cost of construction” means those costs (excluding interest charges or other financing costs) incurred for design, acquisition for right-of-way and or easements, construction, materials and installation required in order to create an improvement which complies with city standards.

“Director” means the public works director or his/her designated representative.

“Reimbursement agreement” means a written contract between the city and one or more parties providing both for construction of sewer facilities and for reimbursement to the party or parties constructing the facilities for part of the costs of the facilities by owners of property benefited by the improvements.

“Water or sewer facilities” shall have the meaning specified in RCW 35.91.020 as it now reads, or as hereafter amended.