Conveyance of utilities and easements to the Town. Prior to the release
by the Board of a surety bond or deposit, or, in the case of a covenant,
the issuance of a release form, the applicant shall execute an instrument,
on a form approved by the Board (see Form K), transferring to the
Town, without cost, valid unencumbered title to all common sewers,
storm drains, stormwater retention and detention areas, stormwater
infiltrators and water mains, and appurtenances thereto, constructed
and installed in the subdivision or portion thereof to be approved,
and conveying to the Town, without cost and free of all liens and
encumbrances, perpetual right and easements to construct, inspect,
repair, renew, replace, operate and forever maintain the aforesaid
underground utilities, with any manholes, pipes, conduits and other
appurtenances, and to do all acts incidental thereto, in, through
and under the whole of all streets in the subdivision or portion thereof
to be approved, and if any such utilities have been constructed and
installed in land not within such streets, then in, through and under
an easement as shown on the definitive plan.