Xxxxxxxxxxxx and Maintenance of Public Streets in the Project Sample Clauses

Xxxxxxxxxxxx and Maintenance of Public Streets in the Project. Master Developer shall construct the public streets in the Project to the standards specified in the Town’s Vested Laws and shall dedicate the streets to the Town when and as such streets are substantially completed and accepted by the Town. Master Developer shall bear all costs and expenses associated with constructing the streets and maintaining the streets consistent with the maintenance standard applicable under Town’s Vested Laws, but in any event in a commercially reasonable manner. The Town shall maintain the streets in the Project subject to reimbursement from the Master Developer and/or the HOA(s). The Town will submit invoices for the cost of such maintenance to the Master Developer and/or the HOA(s) on a regular basis, but not more frequently than once each month, outlining the actual and reasonable costs of such maintenance and including such supporting documentation as the HOA(s) may reasonably request. The CC&Rs for the HOA(s) will provide that in the event of the HOA(s)’s default on the obligation to fund the maintenance of the streets then, in addition to other remedies, the Town may perform such maintenance and collect the costs thereof from the HOA(s) or, to the maximum extent allowed by law, collect a pro-rata share of such costs directly from the members of the HOA(s). Notwithstanding the foregoing, in the event of a dispute regarding the cost of maintenance of the streets, the dispute resolution provisions of Section 6.6 and 6.7 shall apply.
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