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GENERAL DEVELOP<<ENT UTILITIES, INC. ORIGINAL SHEET NO. 10.0 VERO SHORES AND VERO BEACH HIGHLANDS DIVISION 17.`0 INSPECTIONS. Utility shall have, at all times during the construction, the right to inspect the construction of the on-site dis- tribution and/or, collection systems being built by the con- tributor, or his agents or employees, as set forth in Paragraph 11.0 of this Policy and receive payment of fees referred to therein. 18.0 REFUNDABLE ADVANCES.. Utility may require, in addition to the charges set forth herein, a refundable advance by a contributor to tempor- arily defray the cost of any off-site extension of water _and/or sewer mains, pumping stations, and other facilities necessary to connect the developer's property with the then proper point of interconnection with Utility's exist- ing water and sewer facilities, in size needed to provide service to the subject property. The 'contributor may -be required to advance to Utility additional main extension charges based upon the anticipated hydraulic load require- ments of the undeveloped property in order that such off- site facilities may be constructed to serve the developer's property and be in accordance with Utility's master plan for service to the immediate surrounding area. Charges paid by the contributor over and above the contributor's hydraulic share of the off-site facilities, shall be re- funded to the developer in accordance with the terms and conditions of a refunding agreement which Utility will execute with the contributor. The refund agreement will provide for a pian of refund based upon connection of other properties to the extent of their h"ydraulic share with other properties that will be served by the off-site facilities and styled at the expense of the contributor. Notwithstanding the provisions of this Section, Utility may limit the life of the refund agreement to a term of at least seven years, after which time a portion of the re- fund not made to the contributor by the terns and condi- tions of the refund agreement will be retained by Utility, and such refund agreement will be cancelled. In no event shall a contributor recover an amount greater than the di:.- ference between the capitalized cost of such off-site improvements and the developer's own hydraulic share of such improvement. Utility will not include any interest upon the refund of the developer's advance. (25-10.121(20) F.A.C.) Gerard P. Mozian President DEC 2 1991 - BOOK 48--wM4