Transfers to City. Any property to include facilities constructed by Developer and donated to and or operated by City as required by this Agreement shall be free and clear of any mortgages, deeds of trust, liens or monetary encumbrances. Further any property to include facilities constructed by Developer and donated to and or operated by City as required by this Agreement shall be free and clear of any operating agreement or subject to any covenants, conditions and restrictions (CC&R’s).
Transfers to City a) Prior to Final Approval, the Owner shall convey the lands described in Schedule “B” of this Agreement to the City in fee simple free from all encumbrances.
