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This fee is in addition to normal fees charged by the City of Concord and the City <br />of Kannapolis and shall be paid to Cabarrus County in full prior to obtaining <br />building permits and will be reviewed from time to time as appropriate. The <br />County shall retain a one and one-half percent (1 1/2%) collection fee. <br /> <br /> Section 2: The assessment fee required in Section 1 shall not be imposed <br />on any business that is owned by Iow-and-moderate income person, any <br />business whose employees total at least 51% Iow-and-moderate income <br />persons, or any residence that is owned and occupied by Pow-and-moderate <br />income persons. <br /> <br /> Section 3: Tn the event a person who owns acreage with a home wants <br />to connect to the lines the assessment fee will be $500.00 for the home only. <br />lin the event the property is developed further the fee schedule in Section 1 will <br />be in effect. <br /> <br /> Section 4: All revenues generated by this assessment fee shall be used in <br />the following manner: The County will set up a Water and Sewer Capital <br />improvement Fund to provide grants for the extension of new lines or upgrading <br />of existing lines within the County. <br /> <br />Adopted this day of ,2001 <br /> <br />Chairman, Board of Commissioners <br /> <br />Clerk to the Board <br /> <br /> <br />