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5.2.2 The Owner's final payment to the Contractor shall be made no later than 30 days after the <br />issuance of the Architect's final Certificate for Payment, or as follows: <br /> <br />ARTICLE Il TERMINATION OR SUSPENSION <br /> 6.1 The Contract may be terminated by the Owner or the Contractor as provided in Art/cie <br /> of AIA Document A2o~4997. <br /> <br /> The Work may be suspended by the Owner as provided in Article J4 of AIA Document <br />A~ol-l~97. <br /> <br />ARTICLE 7 MISCELLANEOUS PROVISIONS <br /> 7.1 Where reference is made in this Agreement to a provision of AIA Document A201-1997 or <br /> another Contract Document, the reference refers to that provision as amended or supplemented <br /> by other provisions of the Contract Documents. <br /> <br />?.2 Payments due and unpaid under the Contract shall bear interest from the date payment is <br />due at the rate stated below, or in the absence thereof, at the legal rate prevailing from time to time <br />at the place where the Project is located. <br />(Insert rate of interest agreed upon, if any.) <br /> <br />(Usury laws and requirements under the Federal Truth in Lending Act, similar state and local consumer credit <br />laws and other regulations at the Owner's and Contractor's principal phlces of bttsbless, the location of the <br />Project and elsewhere may affect the validity of this provision. Lega! advice should be obtained with respect to <br />deletions or modifications, and also regarding requirements such as written disclosures or waivers.) <br /> <br />1.3 The Owner's representative is: <br />(Name, address and other information) <br /> <br />Mr. Randy Daniels <br />Cabarrus County Parks & Rec. Dept. <br />Frank Liske Park 4001Stough Road <br />Concord, North Carolina 28027 <br />704-782-04~1 <br /> <br />?.a The Contractor's representative is: <br />(Name, address and other information) <br /> <br />Mr. Steve Wise <br />G.W. Liles Construction Co., Inc. <br />P. O. Box 466 <br />Concord, North Carolina 28025 <br />704-786-3450 <br /> <br />?3 Neither the Owner's nor the Contractor's representative shall be changed without ten days' <br />written notice to the other party. <br /> <br />7.6 Other provisions: <br /> <br /> .~. <br /> o~ <br /> <br />AIA DOCUMENT AIO1-19~7 <br />OWNER-CONTRACTOR <br />AGREEMENT <br /> <br />The American institute <br />of Architects <br />1735 New York Avenue, N.W. <br />~ashington, D.C. 2~-5292 <br /> <br />-- WARNING: Unlk:an$~d i~bot~op¥1n~, violates U.S. en...~.k, ~ ....... a ...., .......... <br /> <br /> <br />