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empowers the CITY, COUNTY, and AUTHORITY to enter into an interlocal agreement in order <br />to execute an undertaking whereby a unit of local government exercises any power, function, <br /> <br />pubhc enterprise, right, privilege, or immunity either jointly with or on behalf of another umt of <br /> <br />local government; <br /> <br /> - WHEREAS, The COIJ'NTY, in it's sole discretion, may delegate any responsibilities, <br />duties, or power to the AUTH~)RITY concerning the operation of COUNTY facilities that the <br />COUNTY may deem appropriate and the AUTHORITY may find acceptable; <br /> <br /> 'i NOW, THEREFORE, for and in consideration of the mutual benefits, covenants, and <br />promises contained herein, the!parties hereto agree as follows: <br /> <br />1. Purpose. The purpose ,,$f this Agreement is to provide for the construction and long-term <br /> maintenance of a conve]ntion center within the corporate limits of Concord, North <br /> Carolina and to provide for the promotion of travel and tourism and other tourism-related <br /> expenditures to benefit lareas within the corporate limits of Concord and the remainder of <br /> Cabarrus County, Nort~ Carolina. In the event of any conflict or perceived conflict, this <br /> interlocal agreement sMll supersede and control over any previous agreement between <br /> the parties or any combipation of the said parties and any other entity concerning the <br /> proposed convention ce{ter within the CITY. <br /> Development of Conve~ion Center. The CITY shall proceed with the development of a <br /> convention center for use by the general public within the corporate limits of the City of <br /> <br />Concord upon the city o, <br /> <br /> (a) The CITY shall i: <br />relating to the establishn: <br /> <br />vned property set forth in Exhibit A. <br /> <br />t :ts sole d: ..... *:~,,,, ............. <br /> ................. , ....... d to determine all matters <br /> <br />ent and support of smd convention center including, but not <br /> <br />\councd-24822-4 <br /> <br />p. 2 <br /> <br /> <br />