Dedications. The Annexor agrees to grant and convey to the Town, by appropriate instrument of conveyance acceptable to the Town and without any compensation due to Annexor, permanent easements and rights-of-way for public streets, water, sanitary sewer, pedestrian and bike trail access, emergency access, and other public ways as generally shown in Exhibit D attached hereto (collectively, the “Required Dedications"). The Required Dedications shall be dedicated by Annexor to the Town by plat, if a plat of the Property is processed following the Effective Date but prior to the deadline set forth in this Paragraph 7 or shall be granted to the Town via duly executed special warranty deed, easement agreement, or other instrument of conveyance acceptance in a form acceptable to the Town Attorney. Such dedication or grant of the Required Dedications shall occur on or before December 31, 2017. The Town Administrator shall have the authority to grant one (1) six-month extension of the timeframe to complete the Required Dedications, if necessary. No additional extensions shall be granted unless the Board of Trustees approves an amendment to this Agreement. The Town Administrator shall be authorized to accept all of the Required Dedications on behalf of the Town, following review and approval as to form by the Town Attorney. All Required Dedications, following execution by the Annexor and acceptance by the Town Administrator, shall be recorded in the real property records of Boulder County, Colorado.
Appears in 6 contracts
Samples: Annexation Agreement, Annexation Agreement, Annexation Agreement
