(a) The Director of Finance is hereby authorized and directed to collect a tap-in fee of one hundred sixty-three dollars ($163.00) per acre for the connection of any and all properties whose sanitary sewage is carried to the treatment plant of the City of Euclid via a sanitary sewer main constructed by Associated Estates through the City of Richmond Heights. Such charge shall be in addition to any other tap-in charges imposed by this chapter.
(b) The Director is hereby authorized and directed to remit the funds collected under the authority of this section to Associated Estates, Inc., until such time as Associated Estates, Inc., has been reimbursed in the principal sum of eighty-one thousand five hundred sixty-two dollars ($81,562), without interest, by other property owners for its costs in constructing a trunk sewer larger than that required by the development of the property of Associated Estates, Inc. (Ord. 1987-20. Passed 4-9- 87.)