(A) Acreage availability costs shall be strictly nonrefundable.
(B) If, in order to extend the interceptor or trunk sewer, additional funds are necessary to extend or oversize the sanitary sewer to the owners of real estate, the additional funds advanced or contributed by the owners of real estate for the extension or oversizing to meet the city’s requirements are refundable, without interest, but only from funds deposited at a future date by owners of real estate under such terms and conditions as the city shall, from time to time, set forth. These additional funds must be first deposited with the city and disbursed in a manner prescribed by the city if the funds are to qualify for refunding.
(C) In no event will any of the city sewer system revenues be used, committed, or encumbered to repay any such funds advanced or contributed, nor will the city’s general funds be used, committed, or encumbered to repay any such funds, advanced or contributed.
(D) It is expressly declared that such repayment, if any, will be repaid only from deposits outstanding in the Interceptor Expansion Fund, first-in, first-out.
(Ord. 1972-17, passed 1-18-1973)