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If an applicant for a main extension contract who is asked to contribute the facilities believes such a request to be unreasonable, such applicant may refer the matter to the Comnission for determination, as proved for in Section A.8. of this rule. 2. Refunds a. The amount advanced under Section C.1.a., C.1.b., and C.1.c. shall be subject to refund by the utility, in cash, without interest, to the party or parties entitled thereto as set forth in the following two paragraphs. The total amount so refunded shall not exceed the total of the amount advanced and for a period not to exceed 40 years after the date of the contract. b. Payment of refunds shall be made not later than June 30 of each year, begi m ing the year following execution of contract, or not later than 6 months after the contract anniversary date if on an anniversary date basis. c. Whenever costs of main extensions and/or special facilities have been advanced pursuant to Section C.1.a., C.1.b., or C.l.c., the utility shall annually refund to the contract holders an amount equal to 2'h percent of the advances until the principal amounts of the contracts have been fully repaid. Whenever costs of special facilities have been advanced pursuant to Section C.1.b. or C.1.c., thA amount so advanced shall be divided by the number of lots (or Living units, whichever is greater) which the special facilities are designed to serve, to obtain an average advance per lot (or living unit) for special facilities. When another builder applies for a main extension to serve any lots for which the special facilities are to be used, the new applicant shall, in addition to the costs of his proposed main extension, also advance an amount for special facilities. This amount shall be the average advance per lot for special facilities for each lot to be used less 21h percent of the average advance for each year in which refunds have been due and payable on the original contract, prorated to June 30 on a monthly basis. The amount advanced to the utility by the new applicant shall be immediately refunded to the holder of the original contract, which included the cost of the special facilities, and the original contract advance will be reduced accordingly. The utility will thenceforth refund 2'h percent annually on each of the contract amounts, as determined above, to the holders of the contracts. Advances and refunds based on additional builder participation will be determined in a similar manner. In no case shall the refund on any contract exceed the amount advanced. d. With respect to a contract entered into before the effective date of this tariff sheet if, at any time during the 20-year refund period, 80 percent of the bona fide customers for which the extension or special facilities were designed are being served therefrom, the utility may, with the approval of the contract holder, modify the contract so that the utility shall become obligated to pay, in cash, any balance which may remain unrefuided at the end of said 20-year period. Such balance shall be refunded in five equal annual installments, payable beginning 21 years after the date of the contract. 3. Termination of Main Extension Contracts a. Any contract whose refunds are based on a percentage of the amount advanced may be purchased by the utility and terminated provided that the terns are mutually agreed to by the parties or their assignees and Section C.3.c. and Section C.3.d. are complied with. The maximum price that may be paid by the utility to terminate a Contract shall be calculated by multiplying the remaining unrefunded contract balance times the appropriate termination factor set out below. No contract that has been in effect for Less than 10 years shall be terminated without prior Commission approval. 5.