Orange County NC Website
7 <br /> Page 5 of 6 <br /> OWASA of all fees,rates and charges due OWASA under its then current schedule of fees,rates and <br /> charges. <br /> 8. It is presumed that County will finance the costs of construction of the Project, and that County <br /> will maintain ownership of the Project Facilities paid for from such financing until that indebtedness is <br /> satisfied,not to exceed twenty years. County shall convey the Project Facilities, including all easements, <br /> rights, and privileges related thereto, to OWASA when that indebtedness is paid and satisfied, and the <br /> Project Facilities shall be owned and continue to be operated as a part of the OWASA Sewer Collection <br /> System thereafter. If the County does not finance the cost of the Project Facilities,the County will convey <br /> all of its rights,title, and interests therein,including easements for such Project Facilities,to OWASA <br /> when OWASA approves and accepts them as constructed, and before OWASA begins to operate the <br /> Project Facilities. <br /> 9. All amendments to this agreement shall be approved by both parties and must be in writing. <br /> The parties have entered into this Interlocal Agreement this day of , 2017. <br /> (REMAINDER OF PAGE INTENTIONALLY LEFT BLANK) <br />