Use of Private Sewer District for Benefit of Properties Sample Clauses

Use of Private Sewer District for Benefit of Properties. Declarant hereby reserves the right to establish and construct a Sewer Treatment Facility on property adjacent to or in the vicinity of the Properties. Such Sewer Treatment Facility shall be owned initially by Declarant and may be subsequently conveyed, leased, conditionally assigned or otherwise transferred at anytime by deed, license, service agreement, lease, assignment or other instrument or agreement to the Association, a Private Sewer District and/or any other Person authorized to hold an interest in or operate such Sewer Treatment Facility under the laws of the State of Missouri. The Board of Directors of the Association is hereby authorized to enter into such service agreements, leases, license agreements, assignments and other agreements as may be necessary or convenient to obtain non- exclusive sewer services provided by the Sewer Treatment Facility for the benefit of the Properties, which service agreements, leases, license agreements, assignments and other agreements shall contain such terms and provisions as the Board shall determine necessary in its sole and reasonable discretion. Each Owner, by accepting a deed to any Lot, hereby acknowledges that said Sewer Treatment Facility may provide sewer services to subdivisions and other properties in addition to the Properties.
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