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Exhibit B. Reimbursement from the Benefited Properties shall be based upon the costs in Exhibit B. Section 3. Ownership of Improvements. Developer has dedicated the Improvements and City has accepted the Improvements. Developer has the right to connect to and use the Improvements in accordance with City regulations and the right to reimbursement for the Reimbursable Costs for the Improvements, as provided herein. Section 4.Amount of Reimbursable Costs. The amount of pro rata Reimbursable Costs(plus interest per Section 7) due from each owner of the Benefited Properties("Property Owners")and the City is set forth on Exhibit A. The City shall use its best efforts to obtain the pro rata Reimbursable Costs from the other Property Owners. As of July 1, 2017,the City has collected $187,977.00 (present value including interest is $251,089.00)from previous developers towards the reimbursement for the Improvements. Section 5.Developer's Share. Developer's share of the costs of the Improvements($875,355.00)has been deemed contributed by reason of the completion of construction of the Improvements and the City's acceptance thereof. Section 6. Establishment of Fee. The City has previously collected and shall collect from the Property Owners reimbursement fees in the amounts specified in Exhibit A plus adjustments made each January 1st of each calendar year to reflect the addition of interest per Section 7("Reimbursement Fee or Reimbursement Fees"). Section 7. Interest. Simple interest at the Bank of America prime rate/reference rate: http://newsroom.bankofamerica.com/press-kit/prime-rate-information shall be added to the Reimbursement Fee described in Section 6 herein each calendar year on January 1st. Section 8. Time of Collection. The City shall require payment of the Reimbursement Fees as a condition of approval of a tentative map, final map, or the first issuance of any permit for development of property within the Benefit Area. The City shall collect the Reimbursement Fees at the time of approval of any final map or parcel map for buildable lots or upon the issuance of a building permit for any development of property within the Benefit Area.