What would happen to the assets of the water districts licences, reserves, property, and so on?
A. Title would be transferred to the municipality, but with the restriction that the assets could be used only for the benefit of the properties in the original district. In this way, the cash reserves of one district could not be used, for example, to build sidewalks elsewhere in the municipality.
Related Questions
- Should the assessment for properties located along the border of the assessment area be reduced if not all of the storm water runoff from the property flows into the watershed?
- Which part of the water supply system to my property is my responsibility, and which part is Busselton Water’s?
- How are property and assets divided during a divorce?
