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upr000062 137

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upr000062-137
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4| ** reasonable total installed cost under this Mmt% the applicant shall si sat either of the two rtfusd methods a#*t hereinafter sot forth, provided that tht election, oaoo mads, shall ho blading upon the Soap&ny ted the applicant and may met thereafter be changed? U) Esveaue hstho&. for a period not exceeding tea (10) years free the date of completion ©f the main extension, the Company will refund to the party Mak­ing the advance, or other party entitled thereto, annually,($Q%)ot the grots revenues oolleoted from oonsunere -eeeupylng the property to which the said extension has been made; presided, however, that the total payments thus made by the Company shall not exceed the amount advanced without Interest. (h) Proportionate^ Cost hethod. for a period ©f aot exceeding ten (10) years free the date of cca­plet Ion of the Main extension, the Company vlll nakt refund, to the party asking the advance, or ether party «4}a| thereto, for each bona fide oonsuaer within the eubdivlaion or tract in an amount equal to the average total metalled ©eat of 50 feet ef the facilities neoessary to furnish water to end within such etjbdivlalen or tract; provided, however, that the total payment# thus Bade by the Company shall not exceed the amount advanced without interest, inch such refund shall be made only at the tine of the original Installation ef service pipes and Institution of servlet to a ben# fide consumer, and no additional refund right shall accrue as a result ef any sub­sequent change in such eervlee, change in occupancy, identity of the consumer, or any ether reason whatsoever. A consumer entitling the applicant to-refund, as referred to above, shall be a consuaer, exclusive ef a subdivider, developer or builder, who occupies prsalats which is Improved and contains permanent structures with suitable facilities for the use of water sued who has received water servlet from the main fer which extension deposit was made for three consecutive months. As under present Rule ©-A, we are required at Company expense to extend water lines SO feet to serve individual con?urnere, the ultimate effect of the new rule would be to extend similar benefits to the developers of housing promote. hr. Bennett concurs In this rsoommaodatlon