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II. Connection Charge <br />Meter Size Charge <br />5/8" $ 1,100.00 <br />1" 2,750.00 <br />1i" 5,500.00 <br />2" - 8,800.00 <br />3" 17,600.00 <br />4" 27,500.00 <br />6" 55,000.00 <br />In determining meter size, the Corporation shall not permit <br />sizing to be in excess of that reasonably required according to <br />recognized engineering standards. In making said determination, <br />however, the Corporation may rely upon certification from a <br />registered engineer representing the Developer. <br />The basis for the above charges as set forth herein has been <br />structured with regard to two major but variable factors; first, <br />the present level of construction cost of water transmission, and <br />o water treatment plant facilities; second, the theory of treatment <br />M <br />LL facilities and their degree of treatment sophistication as <br />Wprescribed by the Department of Health and Rehabilitative Services <br />M <br />Wand the Department of Environmental Regulation or other body <br />06 o having jurisdiction over the matter. Without Board approval the <br />i <br />connection charges set forth herein shall be escalated based upon <br />W <br />0 increases in utility construction costs as evidenced by the <br />LL <br />W quarterly Construction Index published in Engineering News- Record <br />0 <br />Magazine, "Construction Cost Index, Twenty Cities." Said <br />connection charges shall be adjusted semi-annually, with a first <br />such adjustment occurring not earlier than January 1, 1983. Any <br />escalation shall not exceed the percentage difference between said <br />Construction Cost Index for the base period ending September 30, <br />1981, as compared with the period of comparison. <br />In order to defray the cost of regulation, use of public <br />Right of Ways, etc., the Corporation hereby agrees to pay to the <br />County a franchise fee in the amount of 30 of the Corporation's <br />gross revenues collected from monthly service charges. The <br />Corporation shall pay the 3% franchise fee quarterly. Said fee <br />shall be shown as a separate additional charge on utility bills. <br />The Corporation shall, at the end of each fiscal year of <br />Corporation, submit unaudited financial statements prepared by a <br />CPA and a certification by said CPA that based upon the financial <br />records of the Corporation reviewed by said CP�AA the d Fr 'se <br />JUL 71982 11) <br />