A contract entered into by any property owner and the city under the provisions of this subchapter shall be effective only for a period of twenty years after the date of the contract. No refunds shall be made by the city to any applicant or contracting party after the twenty-year period has expired.
('68 Code, § 29-36) (Ord. passed 4-13-71; Am. Ord. 7-1996-41, passed 7-23-96)