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FINANCING OF PROJECTS: If financially possible, the County will contribute up to 25% of the cost of the project. The remaining portion of the cost of the project Would be furnished by the private financiers. The County would be responsible for the development, design, construction, and administration of the project. Whenever possible, the County will undertake these tasks with in house staff. If not, the County at its discretion will retain the services of consultants and award contracts as necessary. All costs associated with development, design, construction, and administration will be considered as a portion of the cost of the project. In cases where the County is making a contribution to the cost of the project, it may elect to furnish in services rather than cash development costs, design costs, and administration costs. COST RECOVERY: In order to spread the cost of the project to future users, a Capital Cost Recovery Fee shall be determined for each project. The fee shall be determined es the total completed cost of the project divided by the total land acreage served in the case of sewers or the total completed project cost divided by the totel road footage served in the case of water Systems. All future users of the system would be required to pay these fees prior to connection to the system. REFUND OF PRIVATE FINANCING: The County will guarantee to any private ~inancier under this poi icy.a refund of tO0% of al I monies over a maximum of five (5) years. The refund would be computed as 1/5 of the total amount advanced to the County plus 1/2 of all Capital Cost Recovery Fees collected plus all grants obtained by the project annually for four (4) years. The remaining balanc6 due the financier would then be refunded at the end of the fifth year provided that 100% of the amount due had not been already repaid. The financier would be exempt from payment of Capital Cost Recovery Fees for projects that he may choose to development as extensions of these facil les.