ALBERT C. RITCHIE, GOVERNOR. 981

per annum from the date of said levy, less any annual pay-
ment that may have been made thereon. The Commission,
however, in estimating said cost for the purpose of extin-
guishment may add thereto a reasonable margin to protect
itself against possible changes in the cost of construction and
loss of interest. All sums received under such plan of ex-
tinguishment shall be preserved intact by said Commission
less the payment of the proportion of interest and sinking
fund properly chargeable to the amount so received and
used for future construction, and provided, further, that
any property owner, whose property is classified under busi-
ness or industrial, or sub-division, may, at his option, at any
time during the life of said benefit charge, extinguish the
same by payment in cash of an amount which, if put at
interest at three and a half per cent., compounded annually,
would yield an annuity equal to the annual assessment at
the base rate and disregarding any allowance for excess, for
the period for which said benefit charge has yet to run.

The Commission shall at any time permit a connection with
a water main or sewer by a property owner whose property
does not abut on said water main or sewer and who has not
previously thereto paid a benefit charge for the construction
of said water main or sewer provided said Commission shall
classify said property and determine a front foot charge to
be paid by said property owner as though his property abutted
upon said water main or sewer; and in the event of such con-
nection being made said property owner and said property,
as to all charges, rates and benefits shall stand in every
respect in the same position as if the said property abutted
upon a water main or sewer.

The provisions relating to the collection of said front foot
benefit charges as they existed prior to the passage of this
Act shall remain in full force and effect for the purpose of
the collection of any of said front foot benefit charges due
and accrued prior to January 1st, 1927, and the repeal herein
of said provisions shall be taken only so far as they relate to

the collection of front foot benefit charges due and accrued
subsequent to January 1st, 1927.

All of the front foot benefit charges heretofore levied by
said Commission shall be payable on the 1st of January of
each year, beginning January the 1st, 1927, and all front foot
benefit charges hereafter to be levied by said Commission
shall be so levied as to begin January 1st next succeeding the