1987-066A - Laserfiche WebLink

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G-1 SEWER RATE 3. Restaurants Minimum Base Rate of 100% of total water consumption times $1.50 per 1,000 gallons, which- ever is greater. 4. Laundromats Minimum 50% of Base Rate per machine or 1008 of total water consumption times $1.50 per 1,000 gallons, whichever is greater. 5. All others, including schools, public buildings, Minimum Base Rate of g0% of churches, service stations, and retail total water consumption times $1.5.0 stores per 1,000 gallons, which- ever is greater. CONNECTION CHARGES Connection charges for both the water and sewer hookups shall be $300.00 each. ESCROW CHARGES A. Escrow charges of $200.00 per unit are to be paid for by the Bent Pine Utility Company to County. The County will establish an interest bearing passbook or Certificate of Deposit account and will deposit all escrow charges paid for any and all hookups in this franchise. The escrowed funds may be applied as follows: (1) At any time within the ensuing seven (7) years that the County shall acquire its own water distribution and/or sewage collec- tion systems, and shall furnish water services or sewer laterals to individual customers, within the franchise territory, all sums of money remaining in said account shall become the absolute property of the County and the Corporation shall relinquish all rights thereto. (2) In the event the above condition is not met by the. County within seven (7) years from the date of this franchise agree- ment, the County after notice from Corporation shall have the right to purchase the Corporations water and sewer plants at Corporations original purchase price less 3h% depreciation per year or in the alternative Corporations original purchase price less Corporations actual depreciation of said plants during the seven year period. In conjunction with the water and sewer plants purchase, County shall purchase necessary land areas upon which the plants are located at the then market value of the real estate. Upon acquisition of the - 10 -