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AGREEMENT <br /> THIS AGREEMENT, by and between the City of Batesville, <br /> Arkansas (hereinafter referred to as the CITY) and the <br /> Denny Hill Water Association <br /> „(hereinafter referred to as the WATER ASSOCIATION) . WITNESSETH: <br /> WHEREAS, the CITY and the WATER ASSOCIATION recognize that <br /> they have certain obligations to provide services to their citizen; <br /> and patrons ; and, <br /> WHEREAS, the WATER ASSOCIATION serves an area of which a <br /> part is located within the CITY limits of the CITY; and, <br /> WHEREAS, the CITY may provide better fire protection insurance <br /> ;for the patrons of the WATER ASSOCIATION should fire hydrants be <br /> ;installed on the lines belonging the WATER ASSOCIATION; and, <br /> WHEREAS, an agreement allowing the placement of fire hydrants <br /> along the lines of said WATER ASSOCIATION will be beneficial to <br /> 'both the WATER ASSOCIATION, its patrons, the CITY and its resident ; <br /> NOW, THEREFORE, KNOW ALL MEN BY THESE PRESENTS, that for and <br /> in consideration of the above premises and for the mutual obliga- <br /> tions herein created and the mutual benefits so derived by the <br /> parties hereto and the patrons and citizens of the parties hereto, <br /> the parties agree as follows : <br /> 1 . The WATER ASSOCIATION hereby grants and gives unto the <br /> iCITY, and its assigns (including the Batesville Water Utility <br /> ;Department) , the right, privilege and authority to install, <br /> operate and maintain fire hydrants on water lines owned by said <br /> VATER ASSOCIATION. The CITY shall further have the right to <br /> tenter upon property or easements owned by said WATER ASSOCIATION <br /> ;for the purpose of constructing and building and installing said <br /> lfire hydrants and for the maintenance and operation thereof and <br /> i� <br /> Ifor repairing, reconstructing, improving, replacing or otherwise <br /> ,:dealing with said fire hydrants at any and all times. The CITY <br /> .,shall be allowed to perform such maintenance upon said fire <br /> 1hydrants as it deems necessary. <br /> 2. The parties acknowledge that the WATER ASSOCIATION <br /> shall remain the owner of its water lines and the CITY shall <br /> ,:be the sole owner of fire hydrants which it installs. <br />