Common use of PUBLIC WATER Clause in Contracts

PUBLIC WATER. The Township will provide municipal (public) water sewer service to the Project. It is anticipated that the Project will be connected to off-site public water lines installed by the developer of the Adjacent Project, which is adjacent to the Property. To provide an alternative, the Developer will execute an Agreement for Extension of Water Main, attached as Exhibit F (“Water Extension Agreement”), which will apply to Developer’s installation of the off-site water lines if those lines have not been installed when the first phase of Washington Landings is proposed for development. If Developer proceeds pursuant to the Water Extension Agreement, Developer will have no obligations under the water extension agreement for the Adjacent Project. In addition to the foregoing, Developer at its election may enter into a separate agreement with the owner of the Adjacent Project for cost sharing of the installation of the off-site public water lines, in which event the Agreement for Extension of Water Main attached as Exhibit F will remain in effect and the Frontage Fees payable thereunder shall be shared by Developer and the owner of the Adjacent Project in proportion to their respective shares of the cost of installation. In lieu of the foregoing, the Township and Developer may enter into an Intergovernmental agreement with the Village of Romeo for water service. After the water line described in the Water Extension Agreement is installed, the Township shall provide municipal (public) water service to the Project, on an on-going basis as the Project is developed.