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<br />Hundred Dollars <br /> <br />($200.00) <br /> <br />shall be reimbursed to the Developer <br /> <br />for amounts paid by Developer pursuant to Section E(l) of this <br /> <br />Article. <br /> <br />The amounts paid to Developer for reimbursement for the <br /> <br />Developer <br /> <br />financed <br /> <br />portion <br /> <br />of <br /> <br />the <br /> <br />City's <br /> <br />pro <br /> <br />rata <br /> <br />share <br /> <br />of <br /> <br />capaci ty in the Regional facilities shall be limited to those <br /> <br />amounts <br /> <br />actually <br /> <br />contributed <br /> <br />by <br /> <br />Developer <br /> <br />for <br /> <br />engineering, <br /> <br />construction and interest costs on the City's pro rata share of <br /> <br />capacity. <br /> <br />Interest shall accrue on each amount paid by Developer <br /> <br />from the date of payment until such amount is reimbursed by the <br /> <br />City. <br /> <br />Interest shall be computed as the lesser of Developer's <br /> <br />actual interest cost on such amounts or one (1) percent above the <br /> <br />average annual "prime rate" charged by the three largest banks <br /> <br />(based on deposits) <br /> <br />in Austin, Texas. <br /> <br />Payments by the City to <br /> <br />the Developer shall be applied first to accrued interest and then <br /> <br />to a reduction of principal. <br /> <br />The City shall reimburse Developer <br /> <br />in full, <br /> <br />for all amounts as described herein, on or before the <br /> <br />fifth anniversary of the date of the posting of the letter of <br /> <br />credi t referred to in Paragraph E (1) ( i ) <br /> <br />above. <br /> <br />The City may <br /> <br />reimburse Developer amounts in addition to those set out above at <br /> <br />any time.]" <br /> <br />Page 11. <br /> <br />Section "G" <br /> <br />becomes Section "E" after original "E" and <br /> <br />"F" deleted. <br /> <br />liE. -G. <br /> <br />The District shall establish rules and regulations <br /> <br />concerning water conservation by the District's customers. <br /> <br />Such <br /> <br />5H:63600.47/49 <br /> <br />-5- <br />