Common use of Transfer by Developer to District Clause in Contracts

Transfer by Developer to District. Prior to Final Completion and before the Completion Deadline in subsection e, above, Developer shall execute and deliver to the District the approved Bill of Sale conveying the Sewer Improvements to the District free and clear of all liens and encumbrances. The District shall thereafter be the sole owner and shall operate and maintain such Sewer Improvements; provided, however, the Developer shall continue to be subject to the warranty obligations described herein; and further, the District shall not own nor have any duty to maintain service laterals extending from the District’s sewer main(s) to any individual lots or connections.

Appears in 2 contracts

Sources: Sewer Extension Agreement, Sewer Extension Agreement