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1951-412 A y (l) For each new residence or equivalent separate livi►L,, unit having a separately/ r:;etercd service or commercial account having a separately mctcred service, connected to that portion only of the water main for which payment was made, the customer will receive a refund of $50 for each unit or separately metered water service at the time arrangements have been coitpleted with the Company for connection of the new water i service. The mord "unit" will include each separate apartment unit although metered on one water meter. For example, the connection of a four unit apartment will entitle the customer to a refund of $200. The customer shall not receive refunds for water services connected to that portion of the water main extended at the expense of the Consumers :'later Company. they such refunds to the customer shall be limited to a period of five years from the date of completion of the water main extension or whenever the entire amount paid by the customer for such extension has been refunded to said customer) whichever circumstance occurs first. or (2) For each new residence, or equivalent separate living unit having a separately metered service or commercial account having a separately i metered service, connected to that portion only of the water main for which payment was made, the customer will receive a semi-annual refund of 20% of the gross revenue derived from all metered water services con- nected to that portion only of the water main extension for which he has paid the Consumers Mater Company. The customer shall not receive refunds for water services connected to that portion of the water main extended at the expense of the Company. Any such refunds to the customer shall ' be limited to a period of five years from the date of completion of the water main extension, or until the entire amount paid by the customer ` for such extension has been refunded to said customer, whichever circume dtance occurs first. For the purpose of determining whether or not a refund is due under (1) or (2) above, the connection of each new service to the water main extension as located shall be made, or considered to be made, at that point in the water main extension that is closest in a straight line distance to the meter location for such new service.