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Authorization. The parties hereto agree to provide to each other written <br />resolution authorization and approval of this Agreement by their respective <br />governing bodies, all in accordance wit NCGS 160A-461, governing Intedocal <br />Agreements. <br /> <br />Completion Date. The County agrees, absent circumstances beyond the control of <br />the County, that the design and development of the Complex shall be completed <br />by the thirty-sixth (36th) month from the date the City, CSA and the County sign <br />this Agreement. If, in accordance with the provisions of the Agreement, the <br />design and development of the Complex is not completed by the thirty-sixth (36th) <br />month from the date this Agreement is fully executed, the County will return the <br />total contributions of the City and CSA (and any interest earned thereon) within <br />thirty (30) days and the return of such contributions shall constitute liquidated <br />damages to the City and CSA for the failure of the County to complete the design <br />and development within the specified time frame. <br /> <br /> IN WITNESS WHEREOF, the parties hereto have executed or caused to be <br />executed by their duly authorized officials this Agreement in duplicate, each of which <br />shall be deemed an original on the date first above written. <br /> <br />CABARRUS SOCCER ASSOCIATION <br /> <br />By: <br /> <br />JoAnn M. Hogins, President <br /> <br />ATTEST: (Seal) <br /> <br />CABARRUS COUNTY <br /> <br />By: <br /> <br />Amc L. Fennel, Chairman <br />Cabarrus County Board of Commissioners <br /> <br />ATTEST: (Seal) <br /> <br />CITY OF CONCORD <br /> <br />Dr. George W. Liles, Mayor <br /> <br />ATTEST: (Seal) <br /> <br />,':'/od ) <br /> 9 <br /> <br /> <br />