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After recording, return to: City of Cumming Department of Utilities 100 Main Street Cumming, Georgia 30040 The above space is reserved for recording purposes. SEWER CAPACITY REPURCHASE AGREEMENT Name
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How to fill out sewer capacity repurchase agreement

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How to fill out sewer capacity repurchase agreement?

01
Start by obtaining a copy of the sewer capacity repurchase agreement form. This can usually be obtained from the local sewer authority or by visiting their website.
02
Carefully read through the entire agreement form to understand the terms and conditions, as well as the obligations of both parties involved.
03
Fill in the necessary information required in the agreement form. This may include details such as the name and address of the seller (the party selling the sewer capacity) and the buyer (the party repurchasing the sewer capacity), as well as any additional contact information.
04
Clearly state the terms of the repurchase agreement, including the duration of the agreement and any specific deadlines for repurchasing the sewer capacity.
05
Specify the repurchase price or the method used to determine the repurchase price. This could be a fixed amount, a percentage of the original price, or determined through negotiation.
06
Include any necessary provisions or clauses in the agreement that protect the rights and interests of both parties. This may include provisions regarding dispute resolution, indemnification, or confidentiality.
07
Carefully review the completed agreement form to ensure all necessary information has been provided and that it accurately reflects the agreement between the parties.
08
Sign and date the agreement form, and have the other party involved also sign and date it. This confirms their acceptance of the terms and completes the process of filling out the sewer capacity repurchase agreement.

Who needs sewer capacity repurchase agreement?

01
Developers or builders who have purchased sewer capacity from a local sewer authority but no longer require it may need a sewer capacity repurchase agreement to repurchase or sell their unused capacity.
02
Municipalities or sewer authorities may require a sewer capacity repurchase agreement to regulate the repurchase or sale of sewer capacity within their jurisdiction.
03
Individuals or businesses that are expanding or changing their operations and require additional sewer capacity may enter into a sewer capacity repurchase agreement to acquire the necessary capacity from another party.
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A sewer capacity repurchase agreement is a contract between a sewer utility and a customer that allows the customer to repurchase unused sewer capacity that was previously surrendered.
Any customer who has surrendered sewer capacity and wishes to repurchase it is required to file a sewer capacity repurchase agreement.
The sewer capacity repurchase agreement must be filled out with accurate information regarding the amount of sewer capacity being repurchased, the price per unit, and any other relevant terms.
The purpose of a sewer capacity repurchase agreement is to allow customers to reclaim unused sewer capacity that they had previously surrendered.
The sewer capacity repurchase agreement must include the amount of sewer capacity being repurchased, the price per unit, and any other relevant terms and conditions.
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