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NORTH CAROLINA <br /> CONTRACT <br />CABARRUS COUNTY <br /> <br /> THIS CONTRACT, made and entered into as of the 1st day of July, 1990, by and <br />between CABARRUS COLrNq'Y, a body politic and political subdivision of the State of <br />North Carolina, hereinafter referred to as the "C(~UNTY", by and through its Board of <br />Commissioners, and HISTORIC CABARRUS, Inc., a non-profit corporation of Cabarrus <br />County, North Carolina. <br /> <br /> WITNESSETH: that- <br /> <br /> WHEREAS, HISTORIC CABARRUS, Inc. is a non-profit corporation located in <br />Cabarrus County, North Carolina, the purpose of which is among other things, to restore <br />and make the Old Courthouse a beneficial and serviceable asset for the community; and <br /> <br /> VfHEREAS, COUNTY is authorized to make contributions to HISTORIC <br />CABARRUS, Inc. under the provisions of G.S. 153A-247, 153A-274, Chapter 130 of the <br />General Statutes, and othenvise pursuant to its police power; and <br /> <br /> WHEREAS, COUNTY and HISTORIC CABARRUS, Inc. desire to enter into a <br />contract whereby HISTORIC CABARRUS, Inc. will initiate and implement programs <br />consistent with its purposes hereinbefore set forth; and <br /> <br /> VfHEREAS, HISTORIC CABARRUS, Inc. desires to obtain the financial support <br />of COUNTY for a portion of its costs incurred in the maintenance and up-keep of the <br />Old Courthouse, in the interest and welfare of its citizens, COUNTY desires to provide <br />financial support for a portion of the costs incurred by HISTORIC CABARRUS, Inc. in <br />providing such a facility; and <br /> <br /> WI-IEREAS, COUNTY has appropriated the sum of Five Thousand Dollars <br />($5,000.00) to assist HISTORIC CABARRUS, Inc. in providing such a public facility for <br /> <br /> <br />