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77 <br /> <br /> Termination and Amendment. This agreement may not be amended without <br /> the written consent of the parties hereto. Either party hereto may <br /> terminate this agreement prior to the termination date for cause only, <br /> which shall be resolved in accordance with the Resolution of Conflicts <br /> provision of this Agreement. <br /> Authorization. The parties hereto agree to provide to each other <br /> written resolution authorization and approval of this Agreement by their <br /> respective governing bodies, all in accordance wit NCGS 160A-461~ <br /> governing Interlocal A~reements. <br /> Completion Date. The County agrees, absent circumstances beyond the <br /> control of the County, that the design and development of the Complex <br /> shall be completed by the thirty-sixth (36~} month from the date the <br /> City, CeA end the County sign this Agreement. If, in accordance with <br /> the provisions of the Agreement, the design and development of the <br /> Complex is not completed by the thirty-sixth (36~h) month from the date <br /> this Agreement is fully executed, the County will return the total <br /> contributions of the City and CeA (and any interest earned thereon) <br /> within thirty (30) days and the return of such contributions shall <br /> constitute liquidated da~gea to the city and CeA for the failure of the <br /> County to complete the design and development within the specified time <br /> frame. <br /> <br /> IN WITNESS ~C{EREOF, the parties hereto have executed or caused to be <br />executed by their duly authorized officials this Agreement in duplicate, each <br />of which shall be deemed an original on the date first above written. <br /> <br /> CAB~P~RUS SOCCBR~SOCIATION <br /> <br /> JoAnn M. Hogins, President <br />ATTEST: (Seal} <br /> <br /> C3kB~RRUS COUNTY <br /> <br /> ;~-ne L. Fennel, Chairman <br /> Cabarz~s County Board of Commissioners <br /> <br />A~fEST= {Seal) <br /> <br /> CITY OF CONCORD <br /> By: <br /> Dr. George W. Liles, Mayor <br />ATTEST: (Seal} <br /> <br /> The approved Budget Amendments were as follows: <br /> <br /> BUDGET REVISION/A24ENDMENT REQUEST <br /> <br />DEP~RTMENT OF Parks & Recreation <br />AMOUNT: $ 100,000.00 <br />TYPE OF ADJUSTMENT: Supplemental Request <br />PURPOSE OF REQUEST: AS directed by the Board of Commissioners, the budget <br />amendment is required to provide funds for sprigging, irrigation, ponds, wells <br />and electrical for soccer complex. These funds will reduce the FY 2002 <br />appropriations by $100,000.00 <br /> <br /> Present Revised <br /> Account No. Approved Budget Increase Decrease Budget <br />00161710-6901 $17,154,596.74 ~100,000.00 $17,254,596,74 <br /> Fund Balance Appropriated <br />00191960-9708 $ 1,962,842.80 $100,000.00 $ 2,062,842.80 <br /> Contribution to Capital Project Fund <br /> <br /> BUDGET Pd~VI$iON/AD~DMENT P. EQD-SST <br /> <br />DEPARTMENT OF Parks & Recreation <br />AMOUNT: $ 100,000.00 <br />TYPE OF ADJUSTMENT: Supplemental Request . <br />PURPOSE OF REQUEST: As directed by the Board of Commissioners, the budget <br />amendment is required to provide funds for sprigging,, irrigation, ponds, wells <br />and electrical for soccer complex. These funds will reduce the FY 2002 <br />appropriations by $100~000.00 <br /> <br /> Present Revised <br /> Account No. Approved Budget Increase Decrease Budget <br />34091920-9830-0072 $ 757,220.00 $100,000.00 $ 857,220.00 <br /> Other i~rovement - Stonewall Jackson Soccer <br />34061920-6902 $3,893~808.69 $100,000.00 $ 3,993,808.69 <br /> Contribution from ~eneral Fund <br /> <br /> BUDGET REVISION/AME~MENT REQUEST <br /> <br />DEP~TMENT OF Parks & Recreation <br />AMOUDUf: $ 100,000.00 <br />TYPE OF ADJUSTMENT: Supplemental Request <br /> <br /> <br />