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connection fees as aforesaid. Subsequent increments have been or shall be <br /> constructed in sequence; provided, however, that no such increment shall be <br /> constructed unless and until sufficient funds therefor have been received by the <br /> Author'ity. Reimbursement for the costs of construction of the first increment and <br /> advance payments for such costs for each subsequent increment shall be made <br /> by each of the Agencies in their respective allocated shares corresponding to their <br /> respective maximum treatment capacity rights determined as provided in <br /> Subdivisions (b) of Sections 5.9 and 7.2. Funds remaining after completion of <br /> construction of the final increment of Stage 2 of the Project shall be returned to the <br /> Agencies in proportion to their respective contributions. <br /> The Commission shall determine the connection fee to be charged by the <br /> Agencies for financing the construction of Stage 2 of the Project based upon a <br /> cost-pricing method under which the users of the treatment capacity constructed <br /> and established by Stage 2 of the Project shall be assessed the cost of <br /> construction thereof. The fee as established by the Commission shall be based <br /> upon the estimated total cost of construction (including provision for cash flow <br /> requirements and fees and costs of related necessary services) of the entire <br /> Stage 2 of the Project, notwithstanding that said Stage 2 shall be constructed in <br /> increments. Said fee shall be expressed in dollars per gallon per day volume of <br /> wastewater treatment capacity. <br /> The Authority shall notify each Agency of the amount of said fee, and each <br /> such agency shall, and does hereby agree to, implement and charge such fee in <br /> its wastewater connection fee system such that that portion of the wastewater <br /> connection fee (howsoever designated by the Agencies, respectively) charged, <br /> assessed or otherwise collected by said Agencies which provide for the cost of <br /> construction of Stage 2 of the Project shall be uniform amongst all of said <br /> Agencies. Not less than annually the Commission shall review said fee and make <br /> such adjustments thereto as are necessary or appropriate to reflect current and <br /> projected estimates of the cost of construction of Stage 2 of the Project. <br /> Thereupon, the Authority shall advise each Agency of the adjusted fee, and each <br /> such Agency shall, and does hereby agree to, implement and charge such <br /> adjusted fee in its wastewater connection fee system as aforesaid. The Agencies <br /> shall implement the initial fee or any adjustments thereto within three (3) months <br /> 8 <br /> S BSA_J PAS u ppV I_052212 <br />