There is hereby established in the City of Bordentown a Sewer
Rebate Program. The program shall operate and be administered in accordance
with the provisions of this chapter.
The City of Bordentown shall provide the sum of $90,000 per
year for each year beginning in 1987 through 1996, inclusive, for
sewer rebates. The sewer rebates shall be distributed on the basis
of one equal share per qualified owner per year through 1996.
For the purposes of this chapter, the following terms shall
have the meanings indicated:
APPLICANT
The person applying for a sewer rebate as the qualified owner.
EQUAL SHARE
The dividend equal to $90,000 divided by the total number
of Class II residential dwellings as listed on the rolls of the Tax
Assessor of the City of Bordentown as of July 1 of each year.
QUALIFIED OWNER
The owner or owners of record of each Class II residential
dwelling as listed on the rolls of the Tax Assessor of the City of
Bordentown as of July 1 of each year.
As soon as practicable after September 1 of each year, the City
Clerk shall begin distributing one equal share to each qualified owner
whose claim form has been received and approved by the City Clerk.
Claim forms received and approved shall be paid within 60 days of
receipt. No claim shall be paid unless first approved by resolution
of the Board of Commissioners of the City of Bordentown.