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3. Term. The term of this Agreement shall commence the year and date first above recorded and <br /> shall continue for the life of the grant. <br /> 4. Maintenance. Upon completion of the construction and repairs described above, the Town <br /> shall transfer the utilities to OWASA for upkeep, operation and maintenance of the <br /> sewerlines and associated infrastructure. Such upkeep, maintenance and repair or <br /> replacement shall be at the sole cost and expense of OWASA. <br /> S. Sewer Connections. New and existing individual connections to the Main Street Sewerline <br /> shall be subject to the approval of the Town. The Town shall install stub-outs for the each <br /> property owner requesting a connection to the Main Street Sewerline during construction. <br /> The individual property owners shall be responsible for installing the laterals and all costs <br /> associated with connecting their businesses to the Main Street Sewerline. All future <br /> connections to the Main Street Sewerline after project completion shall be the sole <br /> responsibility of the individual property owners. <br /> 6. Additional Documentation. The parties agree to and hereby authorize the County Manager, <br /> County Attorney and Town Manager and Town Attorney to prepare and execute all such <br /> other and further documentation or agreements as shall be necessary or desirable in <br /> effectuating this agreement. This Agreement contains the entire understanding of the parties <br /> and shall not be altered, amended or modified, except in writing executed by both parties. <br /> IN WITNESS WHEREOF, the parties hereto have caused this Interlocal Agreement to be <br /> executed as of the day and year first written above. <br /> FOR AND ON BEHALF OF: FOR AND ON BEHALF OF: <br /> ORANGE COUNTY, NC TOWN OF CARRBORO,NC <br /> By: By: �� �c - <br /> Fr Clifton, Co y Manager Town Manager <br /> This Agreement has een approved as to form and legal sufficiency. <br /> Z4�XJ44t,� Loll ILI <br /> County Atlt#ey's Office Date <br /> This instrument has been pre-audited in the manner required by the Local Government Budget <br /> and Fiscal Control Act. <br /> Orange County Finance Director Date <br /> This Agreem nt has been proved as to form and legal sufficiency. <br /> To,A Att me Office bate' <br /> 2 <br />