1. In the event that the owner of an improved property constructs any distribution or collection facilities, and the facilities so constructed result in sewer service being made available to the owner or owners of other property by direct connection to the constructed facilities, then the owner or owners of such other property shall upon making connection to the same pay a tapping fee which shall include a reimbursement component part in addition to the other component parts of the tapping fee.
2. The reimbursement component part and time period for reimbursement shall be determined in accordance with the Act.
3. The reimbursement component part of any tapping fee collected by the Township during any fiscal year shall be paid to the owner of the improved property constructing the distribution or collection facilities on or before the last day of such fiscal year; less, however, a charge equal to 5% of the amount thereof which shall be retained by the Township as an administrative fee.
4. The Township and the owner of the improved property entitled to reimbursement pursuant to this section shall enter into an agreement containing such provisions as the parties shall agree.
(Ord. 2015-05, 4/13/2015, § 2)