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281 <br /> <br />period of five (5) years from the date of this agreement, the County will <br />guarantee that water and sewer rates for present City customers living Within <br />the city limits of the City of Concord shall not be raised by an amount in <br />excess of the annual increase in the consumer price index (CPI) or the <br />producer price index (PPI), whichever is less. <br /> <br /> 6. No rate schedule or schedule of fees and charges shall be permitted <br />which charges customers who are city residents at a higher rate than similarly <br />situated customers who are not city residents. Violation of this provision <br />may be enforced by the City of Concord by an equitable action for reformation <br />of the rate schedule and by a legal action for refund to the City of over- <br />charges of city residents for up to five (5) years prior to the date of the <br />legal action. <br /> <br /> 7. Those city employees who are now employed in water and sewer <br />utilities exclusively shall have the option to become county employees <br />immediately upon the signing of this agreement. Although the county will <br />attempt to maintain former city employees in water and sewer utilities, the <br />county reserves the right to assign former city employees to any appropriate <br />position within county government. County will agree that no city employee <br />who is transferred to county government as a result of this agreement will be <br />forced to accept any reduction in wages. County will undertake to provide <br />that these former city employees will not lose accumulated pension benefits, <br />accumulated sick leave or personal leave, or accumulated vacation benefits as <br />a result of transfer. <br /> <br /> 8. In areas that the city wishes to annex, county agrees that it will <br />undertake to provide water and sewer utilities for residents and businesses in <br />newly annexed areas of the city, if the city wishes to have these services <br />extended, on the following conditions: <br /> <br /> a. The city, by formal action of the Board of Aldermen, must <br />request that such services be extended by the county. <br /> <br /> b. If the city formally requests the extension of service to newly <br />annexed contiguous areas, then the city must advance the costs of the <br />extension of service to the newly annexed areas prior to the extension of <br />service lines. <br /> <br /> c. The costs advanced by the City of Concord will be repaid to the <br />City of Concord in the following manner: <br /> <br /> i. For any necessary main water or sewer lines (12-inch lines <br />or larger) which must be constructed or upgraded, the costs will be repaid, <br />without interest, by the county to the city within a period of no more than <br />five (5) years. In the event the services are requested for noncontiguous, or <br />satellite annexed areas, the period of repayment by the county to the city <br />will be no more than ten (10) years, with at least half of the costs repaid <br />within the initial five (5) year period. <br /> <br /> ii. For any necessary collector system and lines smaller than <br />"main" lines which are required to serve individual residences or other <br />customers, the costs will be repaid to the city in the form of refund to the <br />city of tap fees and connection charges from all water and sewer customers <br />collected by the county within the annexation area for a period of ten (10) <br />years, or until 120% of the costs of the project have been refunded, whichever <br />comes first. At the end of ten (10) years, if refunds have not been at least <br />equal to 80% of the project costs, then the county will supplement the refunds <br />so that repayment for the line will be at least 80% of the actual project <br />costs. <br /> <br /> iii. The county may, but shall not be required to, undertake <br />any extension of utility lines to annexed areas pursuant to this section while <br />another such extension project is being constructed or within the initial five <br />(5) year repayment period for a project. <br /> <br /> iv. The county shall not be required to extend service under <br />this section to any area in which there exists a bona fide dispute as to the <br /> <br /> <br />