Hydrozone agreement required Sample Clauses

Hydrozone agreement required. All participants in the program who join the program on or after July 1, 2017 shall execute a Hydrozone Agreement signed by the director. The agreement must be executed prior to the issuance of an irrigation tap or retrofit of existing irrigation meter. Such agreement will describe the requirements of the Hydrozone program, including the water rights payments that will be required if the water budget is exceeded for three consecutive years under the provisions of this subsection 19.06.050. If the participant is a common interest community or special taxing district (such as a homeowners’ association (HOA) or special district), the Hydrozone Agreement shall require disclosure of certain Hydrozone program terms and conditions within the common interest community agreement, HOA covenant, or other relevant real estate disclosure to members or owners of such common interest community or special taxing district. The Hydrozone Agreement must specifically reference the legal descriptions of land involved in the Hydrozone program, and the City shall record the agreement with the Larimer County Clerk and Recorder. The obligations under the agreement will run with the land and carry forward to all new owners, including homeowners’ associations or special districts or any other legal entity in ownership. It is the responsibility of the current owner to advise any new owners, including new members of the common interest community, if applicable, about the Hydrozone program and the potential monetary penalties for exceeding the water budget for a particular year and for the water rights payments that may be required for exceeding the water budget for three consecutive years.
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Related to Hydrozone agreement required

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