Maintenance of Stormwater Control Structure serving Public Facilities Sample Clauses

Maintenance of Stormwater Control Structure serving Public Facilities. As part of constructing Quinard Drive and Trinity Road South (as described in the GPF Exhibits), Master Developer shall build a stormwater control structure (“SCS”) that shall manage and treat stormwater runoff from Quinard Drive, Trinity Road South, and a portion of the private development within The Xxxxxx District. After construction of the SCS, Trinity Road South, and Quinard Drive are substantially complete as defined in Exhibit D, the current owner of the land on which the SCS is constructed shall sign and grant Town an easement in a form substantially like that attached hereto as Exhibit H. Simultaneous with grant of the easement, Town shall pay to Master Developer or to its written designee, who must be the current owner of the land on which the SCS is constructed, the sum of $223,300.00 (the “SCS Payment”). Upon the Town paying the SCS Payment, the Town shall have no obligations whatsoever for operation, replacement, repair, or maintenance of the SCS under this Agreement and all such obligations shall be solely the responsibility of the owner of the land on with the SCS is located and any other private Person responsible for operation, replacement, repair, or maintenance of the SCS.
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