AG 2005 06 20 - Laserfiche WebLink

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The Fund allocations from each Board of Education will be divided into the below categories: (a) Grounds and Maintenance Services. For each fiscal year of this Agreement, the amount allocated to the Fund for grounds and maintenance Services shall be a minimum of $1,050,414.00 Based upon the North Carolina ADM Numbers of 23,346 (87%) students in the County Schools and 3,493 (13%) students in Kannapolis City Schools that reside in Cabarrus County for the 2005-2006 school year, the Cabarrus Board shall allocate a minimum of $913,706 and the Kannapolis Board shall allocate a minimum of $136,708. The contributions of each Board may increase in subsequent years, but in no event will it fall below the minimum established herein. (b) Building and Facilities. For each fiscal year of this Agreement, the amount allocated to the Fund for building and facilities Services by each of the Boards shall be based upon a per pupil allocation multiplied by the ADM Number of children in their respective school systems. However, in no event shall that amount be less than $195.45 per pupil based upon the ADM Numbers for each Board respectively, for a total of $5,245,758.00 in 2005-2006 based upon ADM Numbers of 23,346 students in the County School Facilities and 4,648 students (that reside in both Cabarrus and Rowan counties) in the Kannapolis City Schools for the 2005-2006 year. Furthennore, the Boards and the County agree that: (i) in the event square footage in School buildings increase, the Board and the County will reevaluate the funding needs for the Buildings and Facilities Services, taking into consideration such increased square footage, regardless of whether or not ADM Numbers increase; and (ii) in the event the County consolidates its maintenance and repair staff into the Department, the Boards and the County will at that time, reevaluate the method used for determining funding contributions of each Party, taking into consideration square footage and traffic considerations among other items. Attached hereto as Schedule 1 and incorporated as if more fully set forth herein is a chart which sets forth total School Facility building space and total School Facility grounds, which shall be amended from time to time to incorporate changes in such figures. 7. Accounting - The Cabarrus Board Finance Department will be responsible for establishing two separate internal accounting categories and will keep separate accounting records as to amounts actually spent for the Services provided for each of the Cabarrus Board and the Kannapolis Board with regard to the above: (i) Building and Facilities Services; and (ii) Grounds and Maintenance Services. Within thirty (30) days after the end of each quarter, the Cabarrus Board Finance Department will prepare a report showing spending by the Department, which report will be sent to the County, Manager and the Superintendents. At the end of each fiscal year, unspent funds in either Boards' account, whether in building maintenance and facilities or grounds and maintenance, shall be reserved for subsequent years' budgets and shall only be spent for each respective purpose, subject to agreement by the Parties. 8. Disputes - In the event any disputes arise in connection with this Agreement, the Parties shall make an earnest, good faith attempt to resolve their differences prior to implemert'lation of more formal measures for resolving such disputes. 9. Termination - This Agreement may be terminated without cause by any Party by providing written notice of termination as of June 30 of any year, provided such written notice is delivered to the remaining Parties at least twelve months in advance., 4 F,j