Dedication. The Public Improvements constructed by or on behalf of each Owner shall be conveyed or dedicated to the Town for ownership, operation, and maintenance subject to final acceptance by the Town, or to a District, subject to final acceptance by the District. With respect to Public Improvements required to be owned, operated, or maintained by a District, the District shall have the option, but shall not be required, to enter into an agreement or agreements with individual owners or an owners’ association providing for performance of all or some of such operation and maintenance functions; provided, however, that ownership of the Public Improvements shall be retained by the District and the ultimate responsibility for maintenance of such Public Improvements will remain with the District.
Appears in 5 contracts
Sources: Annexation Agreement, Annexation Agreement, Annexation Agreement