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DRAFT - 9/26/01 <br />SECWCD - AURORA IGA <br />either party may assign and delegate to a separate enterprise formed by that party's governing <br />Board or Council, which enterprise is wholly owned by that party. <br />Q. Successors and Assigns_ This IGA and the rights and obligations created hereby <br />shall be binding upon and inure to the benefit of the parties hereto and their respective successors <br />and assigns in the event assignment is allowed. <br />R. Sole Obligation of the Utility Enterprise. The parties agree that any and all <br />obligations of Aurora under this IGA are the sole obligations of the City of Aurora Utility <br />Enterprise, and as such, shall not constitute a general obligation or other indebtedness of the City <br />of Aurora or a multiple fiscal year direct or indirect debt or other financial obligation whatsoever <br />of the City of Aurora within the meaning of any constitutional, statutory, or charter limitation. <br />The parties also agree that, in the event of a default by Aurora on any of its obligations under this <br />Agreement, Southeastern shall not have any recourse against any of the properties or revenues of <br />the City of Aurora, except that in order to satisfy any non - appealable judgment against Aurora, <br />Southeastern shall have recourse against the net revenues of the Aurora Water System that are <br />available therefor in the City of Aurora Utility Enterprise Water Fund, or any successor <br />enterprise fund, after payment of all expenses related to the operation and maintenance of said <br />Aurora Water System. <br />31 <br />