Any person owning property outside the city limits and desiring to have their property connected to the city’s water supply system or sewer system shall make application to the public works director for a capacity reservation certificate on the appropriate form. Every such application shall be made by the owner of the property to be connected and supplied the service, or by his/her authorized agent. The property owner must state fully the purposes for which the water and/or sewer service is required and, for properties outside the urban growth area, must also describe the manner in which the application satisfies the requirements in GHMC 13.34.020. In addition, the property owner must agree to sign a utility extension agreement with all of the elements set forth in this chapter, and conform to the city’s regulations concerning water and sewer service set forth in this title, as the same now exists or may be amended in the future. If the city receives such application, approves it under the procedures set forth herein, and subsequently issues a water or sewer capacity reservation certificate, such certificate shall expire upon the occurrence of any one of the following conditions: