[Adopted 11-22-2010]
A. 
Pursuant to § 7-253a of the Connecticut General Statutes, eligible homeowners, as defined hereinafter, may apply to the Water Pollution Control Authority for approval of a relief plan, as defined hereinafter, for the payment of sewerage assessments made to such homeowner under the benefit assessment policies of the Water Pollution Control Authority adopted pursuant to §§ 7-249 through 7-254 of the Connecticut General Statutes. The Water Pollution Control Authority may approve any such relief plan, subject to the provisions of this article. An "eligible homeowner," as such term is used in this article, shall mean a homeowner eligible for tax relief for elderly taxpayers under the provisions of § 12-129b or 12-170aa of the Connecticut General Statutes or eligible for tax relief for elderly or disabled homeowners provided by the Town of Old Saybrook pursuant to § 12-129n(a) of the Connecticut General Statutes. A "relief plan," as such term is used in this article, means a plan to pay a sewerage assessment in a manner other than that as provided under the benefit assessment policies of the Water Pollution Control Authority. Without limitation, such a relief plan may allow the payment of only an annual interest charge, to be determined by the Water Pollution Control Authority, on the applicable sewerage assessment, provided that any such relief plan shall provide that the principal of such sewerage assessment will become due upon the occurrence of whichever of the following the Water Pollution Control Authority, in its sole discretion, deems to be in the best interest of the Water Pollution Control Authority to cause such principal to become due:
(1) 
The Water Pollution Control Authority determines, in its sole discretion, that a transfer of title to the assessed property has occurred; or
(2) 
The Water Pollution Control Authority determines, in its sole discretion, that the death of the relevant homeowner has occurred.
B. 
Any relief plan:
(1) 
May be amended by the Water Pollution Control Authority, subject to the provisions of this article; and
(2) 
Shall be subject to annual review by the Water Pollution Control Authority as required under § 7-253a of the Connecticut General Statutes, in coordination and conjunction with the Tax Collector of the Town of Old Saybrook, with the results of such annual review to be filed with the Board of Selectmen of the Town of Old Saybrook.