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IT IS RESOLVED THAT: <br /> 1. Orange County will construct a sewer collection and <br /> treatment system [Hereinafter called the System] to <br /> serve existing dwellings •and businesses within <br /> • Phase 1 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, other than those initially connected from <br /> among those intially applying for connection, 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 />