Any individual, partnership, or group of individuals, partnerships, or other organizations making petition to the town for annexation of property shall, within 30 days of approval of said annexation, deliver, convey, and transfer title to water shares (must be convertible to culinary water use) in the amount of the maximum residential coverage of said property. This amount shall not be less than one acre foot of water for each residential unit.
(Res. 2009-07, passed 6-9-2009)