Each new commercial development shall file an application and
submit in writing to the Authority sufficient information to allow
the Authority's engineer to determine the projected equivalent domestic
units to be used by the applicant.
The Authority will determine the projected EDUs and secure from
the developer an initial deposit equaling not less than 75% of the
projected connection charge.
The parties shall enter into a developer's agreement allowing
the Authority to meter the actual water usage; said metering to start
with the first full quarter after the property receives its occupancy
permit and continue for not less than 12 months and not more than
36 months.
At the end of the metering period, the average usage shall be
determined and the actual tap-in fee shall be calculated. In the event
of an overpayment or an underpayment by the applicant, said additional
payment or refund shall bear interest at the rate of 6% simple, with
interest calculated from the date of the deposit.