d " by pron eee aye j
" Y na TEN OT Lae ey mona Boren q Se ee Ae Week i at ce nara ah ual ROR LPR IAART ALIS y My f ihe \ act R AS RE A Aa dine
ONG ie “ mone ‘ idaryeanhrtg den tft AS f a Meni cae ne ier i iy ad ani ita vite ri ‘ = iy Ware ; Ai ih
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PIS AW Yond bay Ghitcuan Ni HLCP RNA RLS L CAEL ATU a EUs Dea UE TCL CUS Weil Ate pel Ee OL TE CUS A a PY
a sia se eelerrentrorrns OMe y areas ta a ‘ aa oh " ' ‘ i ae. etagt a <7 (ih i Manis

hat

ul
Hh ee tan

oo

Sah ital
PETS Weds by

on each anniversary of the date of Certificate Of Completion of

the Water Main, the City will reimburse ai | moneys In the Water

Development Cost Charge fund which have been collected from lands

within Water Specified Area 5, collected from owners other than

Rm ne RR NM ee 5

the Developer and credited to the fund during the preceeding

fan's

a

year ;
any balance outstanding [In the maximum amount pavyabla under

Subsection (a) shall be paid to the Developer on the fi¢th

anniversary of the date of Certificate of Completion of the Water
Matn; and
the principies governing the provisions of this section shal |

also apply to reimbursement of construction cost of a watermain

“pump station If construction of such a station ts required as

part of approval of a subsequent phase of subdivision.
The Clty covenants and agrees to reimburse the Developer for a
percentage of the total cost of. construction of the trunk sewer main

1

shown in Schedule "BY", less the cost of any portions already

constructed by others, (referred to In this section as the "Sewer

‘Matn') tn accordance with the following terms:

As ‘the total cost of the Sewer Main shal be the amount of the
accepted: tender plus. design, layout and reasonable contract
administrat lon costs paid by the Devaloper to an ng theer ing
Consul ting firm; provided that no interast on these amounts shal |
be payable by ‘the: City;

‘

bs notwithstanding any other proviston herein the max frum percentage Oo

ry

of the total cost of the Sewer Maln-whtch will: be retmbursed s

20.1% of the cost of section 1.of the Sewer Main with the
‘sections of Sewer Matn and benefitting area be Ing detailed on

“Schedule. mae to this Agreement ;

a

am ein
4