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5. New Brighton shall have the right to shut off service to the Subject Property in <br /> the event Mounds View does not pay charges due under this Agreement or fails <br /> to perform any other obligation imposed on Mounds View by this Agreement. <br /> 6. Mounds View shall have the right to make and collect any charges for providing <br /> such service to the Subject Property. <br /> 7. After initial construction, Mounds View shall be responsible for all repairs <br /> between the water main and the hydrant on the Subject Property. <br /> 8. This Agreement shall remain in effect until December 31, 2015, and shall be <br /> automatically continue thereafter unlessterrninated, by not less-than-X80 days - <br /> written notice by either party; provided, however, that this Agreement shall <br /> automatically terminate upon sale of the Subject Property by Dynex, its current <br /> owner. <br /> 9. This Agreement shall be effective upon adoption of a resolution by the city <br /> council of each party approving this Agreement, and execution hereof by <br /> authorized officials of the parties. <br /> CITY OF NEW BRIGHTON <br /> By dr- <br /> By <br /> ' <br /> CITY OF MOUNDS VIEW <br /> By <br /> By <br /> CLL91918 2 <br /> NE136-24 <br />