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~: In the event a person who owns acreage with a home wants to connect to <br />the lines the assessment fee will be $500.00 for the home only. In the event the property <br />is developed further the fee schedule in Section 1 will be in effect. <br /> <br /> Section 4: Cabarrus County reserves the fight to reduce the assessment fee charged to <br />future users based upon the users economic impact on the County's overall economy and <br />with the concurrence of the Commeme Finance Center. <br /> <br /> Section 5: All revenues generated by this assessment fee shall be used in the following <br />manner. Fifty percent (50%) of all revenues generated shall, for a period of three (3) <br />years, be returned to the Economic Development Fund at the Commerce Finance Center <br />for the funding of future Economic Development projects. The fifty percent (50%) <br />retained by the County shall be used to finance future capital improvements to the <br />County's utility system with the pr/ority placed upon the improvements to benefit low- <br />and moderate-income persons. <br /> <br />Adopted this 20th day of January, 1998. <br /> <br />Sue B. Casper, Chairman <br />Board of Commissioners <br /> <br />Clerk to Board <br /> <br /> <br />