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fully described in development agreements between NORTH OAKS and <br />such owners and developers. The systems within LINO LAKES shall be <br />owned by the Developer. If LINO LAKES desires to own the system at <br />some time in the future, a separate agreement shall be made at that <br />time regarding the transfer of ownership and ongoing management of <br />the system. <br />H. HOOK -UP FEE. NORTH OAKS will collect from such property owners <br />and developers a hook -up fee per unit as shall be set forth in an <br />addendum to this Agreement in the form attached as ADDENDUM — 2, <br />at the time the water system is connected to each unit to be served. The <br />foregoing fees will be turned over to the TOWN. The hook -up fees may <br />be adjusted annually by Town Board resolution, and such fees shall be <br />based upon the same rate charged for similar services furnished by the <br />TOWN for property lying within the TOWN. <br />INSPECTION /PERMIT FEE. NORTH OAKS will collect from Developer, <br />a permit fee per unit as shall be set forth in an addendum to this <br />Agreement in the form attached as ADDENDUM — 2, half of which shall <br />be remitted to the TOWN for connection of the water line to each unit <br />from the street. It is agreed that all service connections from the mains <br />shall be installed by a licensed and bonded contractor under rules <br />identical to those in effect in the TOWN or as may hereafter be modified <br />by the TOWN. Such connections shall also be inspected by or under the <br />supervision of the TOWN prior to backfilling. Such permit fees may be <br />adjusted annually by Town Board resolution, and such fees shall be the <br />same fees charged for similar services furnished by the TOWN for <br />property lying within the TOWN. <br />WATER METERS. Water meters with an outside remote reader shall be <br />purchased from the TOWN at a cost provided for in an addendum to this <br />Agreement in the form attached as ADDENDUM — 2. Such meter and <br />outside remote reader shall also be inspected by, or under the <br />supervision of the TOWN. Such meters and permit fees may be <br />adjusted annually by TOWN Board resolution. Any replacement or <br />upgrading of meters shall be at the expense of the property owners and <br />developers for remittance to the TOWN. <br />EXTENSION OF SYSTEM. The amount of units requested by NORTH <br />OAKS to be connected to the TOWN water system shall be set forth in <br />an addendum to this Agreement in the form attached as ADDENDUM — <br />1, specific to each project. All further needs of NORTH OAKS must be <br />reviewed and approved by the Town Board after review of the TOWN'S <br />water system capabilities. <br />