This is a provision for an Operating Agreement that concerns the Assignment of rights to an obligatory well. It provides the assignment options if any proposed operations are necessary to maintain a Lease covered by the Agreement in force or an agreement to earn a lease(s) which would otherwise expire unless operations are conducted.
Maricopa, Arizona is a vibrant city located in the southern part of the state. Known for its breathtaking landscape, rich history, and thriving community, Maricopa offers a variety of attractions and amenities for both residents and visitors alike. One of the notable features of Maricopa is the presence of various types of Obligatory Wells, each offering unique characteristics and benefits. 1. Agricultural Obligatory Well: Maricopa's fertile soil and favorable climate make it an ideal location for agricultural activities. The Agricultural Obligatory Wells in Maricopa provide crucial water sources for farming, ensuring the growth of crops and maximizing agricultural productivity in the area. These wells are strategically placed to cater to the needs of the local farming community. 2. Residential Obligatory Well: As Maricopa continues to experience steady population growth, residential wells become essential to meet the water demands of its expanding communities. Residential Obligatory Wells provide a sustainable and reliable water supply to support the daily needs of households, ensuring access to clean and safe water for drinking, cooking, and other household purposes. 3. Commercial Obligatory Well: Maricopa boasts a vibrant business scene, with numerous commercial establishments ranging from small enterprises to large companies. Commercial Obligatory Wells serve the water requirements of businesses, manufacturing plants, shopping centers, and other commercial ventures, ensuring smooth operations and sustainable growth for these establishments. 4. Municipal Obligatory Well: Maricopa's city infrastructure heavily relies on Municipal Obligatory Wells to provide water for various public facilities and services. These wells support the water needs of schools, parks, government buildings, hospitals, and other civic amenities, ensuring the smooth functioning of the city's institutions and public services. 5. Recreational Obligatory Well: Maricopa offers a wide range of recreational activities, including golf courses, parks, and sports facilities. Recreational Obligatory Wells play a vital role in supplying water for irrigation, maintaining lush green spaces, and creating an inviting environment for residents and visitors to enjoy outdoor recreational activities. 6. Environmental Obligatory Well: Maricopa is committed to preserving its natural environment and protecting its unique ecosystem. Environmental Obligatory Wells focus on maintaining water levels in rivers, lakes, and other natural water bodies, ensuring the conservation of local flora and fauna and a sustainable habitat for wildlife. With its diverse range of Obligatory Wells, Maricopa, Arizona ensures a well-rounded water management system that caters to the diverse needs of its residents, businesses, and the environment. These wells contribute to the city's overall sustainability, growth, and quality of life for its residents. Whether you're exploring Maricopa's agricultural heritage, settling in a new home, starting a business, or enjoying recreational pursuits, the Obligatory Wells in Maricopa play a crucial role in supporting the city's development while safeguarding its precious water resources.Maricopa, Arizona is a vibrant city located in the southern part of the state. Known for its breathtaking landscape, rich history, and thriving community, Maricopa offers a variety of attractions and amenities for both residents and visitors alike. One of the notable features of Maricopa is the presence of various types of Obligatory Wells, each offering unique characteristics and benefits. 1. Agricultural Obligatory Well: Maricopa's fertile soil and favorable climate make it an ideal location for agricultural activities. The Agricultural Obligatory Wells in Maricopa provide crucial water sources for farming, ensuring the growth of crops and maximizing agricultural productivity in the area. These wells are strategically placed to cater to the needs of the local farming community. 2. Residential Obligatory Well: As Maricopa continues to experience steady population growth, residential wells become essential to meet the water demands of its expanding communities. Residential Obligatory Wells provide a sustainable and reliable water supply to support the daily needs of households, ensuring access to clean and safe water for drinking, cooking, and other household purposes. 3. Commercial Obligatory Well: Maricopa boasts a vibrant business scene, with numerous commercial establishments ranging from small enterprises to large companies. Commercial Obligatory Wells serve the water requirements of businesses, manufacturing plants, shopping centers, and other commercial ventures, ensuring smooth operations and sustainable growth for these establishments. 4. Municipal Obligatory Well: Maricopa's city infrastructure heavily relies on Municipal Obligatory Wells to provide water for various public facilities and services. These wells support the water needs of schools, parks, government buildings, hospitals, and other civic amenities, ensuring the smooth functioning of the city's institutions and public services. 5. Recreational Obligatory Well: Maricopa offers a wide range of recreational activities, including golf courses, parks, and sports facilities. Recreational Obligatory Wells play a vital role in supplying water for irrigation, maintaining lush green spaces, and creating an inviting environment for residents and visitors to enjoy outdoor recreational activities. 6. Environmental Obligatory Well: Maricopa is committed to preserving its natural environment and protecting its unique ecosystem. Environmental Obligatory Wells focus on maintaining water levels in rivers, lakes, and other natural water bodies, ensuring the conservation of local flora and fauna and a sustainable habitat for wildlife. With its diverse range of Obligatory Wells, Maricopa, Arizona ensures a well-rounded water management system that caters to the diverse needs of its residents, businesses, and the environment. These wells contribute to the city's overall sustainability, growth, and quality of life for its residents. Whether you're exploring Maricopa's agricultural heritage, settling in a new home, starting a business, or enjoying recreational pursuits, the Obligatory Wells in Maricopa play a crucial role in supporting the city's development while safeguarding its precious water resources.