AG 2003 10 20 - Laserfiche WebLink

Home Browse Search

CONSTRUCTION FUNDING AGREEMENT This Construction Funding Agreement is entered into by and between Harrisburg Youth Association, Inc., a North Carolina non-profit corporation that promotes and assists in funding athletic pro~s ~ the residents of Cabarrus County, North Carolina,__with its primary mailing address at ~ ~ [~(.o , Harrisburg, North Carolina '2.~'"~"HYA"), and Cabarrus County, North Caroflna (the "County") with its principal address at 65 Church Street South, Concord, North Carolina, on behalf of the County Parks and Recreation Department, with its principal address at 2323 Concord Lake Road, Concord, North Carolina 28025 (the "Department"); hereafter, the "Agreement". WHEREAS, the County has appropriated sufficient funds to build a one-story concession/restroom building (the "Facility") at the Harrisburg Elementary School Park, located in Harrisburg, North Carolina (the "Park"); and WHEREAS, HYA has determined and has discussed with the Department that in order to fully accommodate the needs of the citizens (and in particular the youth) of the County utilizing the Park, the Facility should be a two building rather than a one-story Facility; and WHEREAS, in accordance with the terms and conditions of this Agreement, HYA is willing to provide the additional funds required to design and build a two story Facility; and NOW THEREFORE, in consideration of the premises and other good and valuable consideration, the sufficiency of which is acknowledged, the parties agree as follows: 1. Design for the Facility. The parties hereto have agreed that BJW Architecture (the "Architect") is the appropriate party to design the Facility and supervise construction of the Facility. The legal terms of the basic contract for the design and construction supervision submitted by the Architect have been reviewed and approved by Counsel for the County and the general legal and business terms of the Architect's contract have been approved or are in the process of being approved by the County Board of Commissioners. The variable in the Architect's yet to be determined is the cost for the Architect's services, based upon whether the Facility is a one story or two story building. 2. Bid Process for .Construction _.Contractor. The pqrties anticipate completion of acceptance of construction bids for the Facility ~oo ]-~-~an q !2~_ ,2003. The bid process will be two-fold, those submitting bids will be asked to bid for construction of a one-story Facility with submission of an additional bid for adding a second story to the Facility.