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Lease and Operations Agreement: <br /> WW Fiowe Park <br /> <br /> This Agreement (hereinafter referred to as "Agreement") is made and <br />entered into this the day of , 2002, by and between the <br />County of Cabarrus, North.Carolina (hereinafter referred to as "County"); and the <br />City of Concord, North Carolina (hereinafter referred to as "City") for lease of WW <br />Flowe Park (hereinafter referred to as "Park") as shown in Exhibit A attached. <br /> <br />WITNESSETH: <br /> <br /> WHEREAS, this agreement is executed pursuant to G.S. 160A-274 and <br />G.S. 153A-165 providing for the lease and joint use of governmental property; <br /> <br /> WHEREAS, the County and the City desire to cooperatively provide <br />recreational and park services, programs and facilities for the welfare and quality <br />of life of their citizens; <br /> <br /> WHEREAS, the County has developed a 44-acre public park near the City <br />limits of Concord and wishes to enter into the Agreement with the City to <br />manage, operate, program and maintain the park; <br /> <br /> WHEREAS, the Agreement is intended to set forth certain responsibilities <br />and obligations between the parties relating to the management, operations,. <br />programming and maintenance of a public park in the County; <br /> <br /> WHEREAS, the City and 'County both strive for efficient use of tax dollars <br />and joint projects between the City and County reduce duplication of services <br />and promote more effective use of public monies; <br /> <br /> NOW THEREFORE, upon valuable consideration, the receipt of which is <br />hereby acknowledged by each party and upon the premises contained herein, <br />the parties agree as follows: <br /> <br />ARTICLE I: PARK PROPERTY LEASE AND ASSETS <br /> <br />1.0 Park Property. The County is owner of approximately 44 acres of land <br />located on Central Heights Drive which the County has developed into a public <br />park named WW Flowe Park as shown in Exhibit A attached. <br /> <br /> <br />