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Approved as to Form <br /> <br /> County Attorney <br /> <br />This instrument has been pre- <br />audited in the manner required by <br />the Local Government Budget and <br />Fiscal Control Act. <br /> <br />Finance Director <br /> <br />AUTHORIZATION <br /> <br /> The Water and Sewer District of Cabarrus County joins in <br />this Agreement for the sole and exclusive purpose of authorizing <br />the transfer of the Water Lines as set forth in Paragraph 9 and <br />the acceptance of that sum which represents the advance payment <br />of the principal amount of the remaining debt of the District <br />incurred with respect to the Water Lines [currently computed to <br />be the sum of Three Hundred Sixty-Seven Thousand Sixty-Six and <br />72/100 Dollars ($367,066.72)], plus accumulated interest thereon, <br />if any, prorated to the date of clcsing, as payment therefor, <br />this the I~ day of December, 1991. <br /> <br />WATER & SEWER DISTRICT OF <br />CABARRUS COUNTY, a municipal <br />corporation/special district <br /> <br /> C~rolyn B% Carpenter <br /> Chairman, Board of Commissioners <br /> of the Water & Sewer District <br /> of Cabarrus County <br /> <br />ATTEST: <br /> <br />Frankie F. Bonds, Clerk <br /> <br />Approved as to Form <br /> <br />This instrument has been pre- <br />audited in the manner required by <br />the Local Government Budget and <br />Fiscal Control Act. <br /> <br /> Finance Director <br /> <br />17. <br /> <br /> <br />