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� <br />of the City to regulate the use of its water system of which the Utiliry described in <br />Exhibit A shall become a part under the terms of this contnct. <br />NOW, TEiEREFORE, in considention of the mutual covenants and <br />agreements set forth, the partics agree as follows: <br />1. All of the recitals set foRh above are adopted by the parties as material <br />elemenL and/or findings related [o [his Agreemen[. <br />2. That the Owner may be reimbursed by owners of the benefited property <br />for portions of the cos[ to the Owner of certain facilities, herein referred to as the <br />Utility installed by the Owner when such facilities aze in the future connected to such <br />benefited properties. <br />3, That the Owner has conscructed or will construct a=� <br />(Utility <br />E.7ctension of P.v.C. , 8 inches in diameter and 355 feet in <br />description) (type of �ipe) <br />length, approved by the City, to serve the area including the Owner's property as <br />described in Paragraph C above and the benefited property described in Paragraph H <br />above and as shown on Exhibit A. <br />4. That the Utility has been or will be constructed to meet al] standards of <br />the City Public Works Department. <br />5. That if the Utility is ceriified as acceptable to the City by the Public <br />Works Department, the Owner will conv:y the Utility and the easements and lands <br />wherein it lies to the City. The City wi11 thereafter operate the Utility as part of the <br />City system and will charge normal connection fees and use charges. <br />6. The Owner shall transfer title fre: and clear of all encumbrances, to the <br />Utility described in Exhibi[ A b� a Bill of Sale to be executed and delivered by Owne: <br />to the City upon acceptance of said Utili[y for maintenance by the City, which <br />instrument shall contain Owner's warranty that it has good tide and the ri�ht to convey <br />said UUlity and tha[ it will warrant aid de;end the Ciry against the daim of intetes[ <br />z5 <br />3 <br />