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1. Orange County will construct a sewer collection and <br />treatment system [Hereinafter called the System] to <br />serve existing dwel�•ings and businesses within <br />Phase I of the Project•.Engineer's Preliminary <br />Report, 5th Edition dated April 5, 1984, last <br />revised August 7, 1984. [Hereinafter called Phase <br />I of the Project Area] <br />2. Orange County will appropriate $136,000 to the <br />Orange County Utility Enterprise Fund. The <br />principal plus interest at the interest rate charged <br />on delinquent ad valorem taxes shall be repaid <br />from that fund to the Orange County General Fund <br />by the assessment of tap fees of $600 per <br />residential equivalent connection. <br />3. Each person, firm or corporation connecting to the <br />system, <br />.other than those initially <br />connected <br />from <br />among <br />those intially applying for <br />connection, <br />shall <br />pay a $600 per residential equivalent tap fee to the <br />Enterprise Fund. <br />4. Those persons, firms or corporations initially <br />connecting, from those initially applying for <br />connection, shall be exempt from the $600 tap fee. <br />The Board shall establish by Resolution deadlines <br />for initial application and initial connection. <br />-3- <br />