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to any other local ordinances, state laws, and federal regulations which may <br />be applicable tn Cannon YDfGA aed its services. <br /> <br /> ~. The County shall allocate and, upon receipt of an invoice therefore, <br />pay to Cannon YMCA twelve (12) monthly payments of $583.33 each, commencing <br />July, 1989, for a total of $7,000.00, with each payment to be made on or about <br />the last day of each month. <br /> <br /> 4. Cannon YMCA will undergo an audit of its operations conducted by a <br />Certified Public Accountant and will submit a copy of the report of this audit <br />to the Parks and Recreation Department within ninety (90) days of the conclusion <br />of Cannon YMCA's established fiscal year. <br /> <br /> 5. Cannon YMCA agrees to hold the County and the Parks and Recreation <br />Department harmless for any and all liability, damages or claims, including <br />attorney's fees, that might be asserted or suffered by the County or the Parks <br />and Recreation Department as a result of any act or omission of any of Cannon <br />YMGA's officers, employees, agents or representatives arising out of this <br />contract. <br /> <br /> 6. This contract may be terminated by either party upon thirty (30) days <br />prior written notice to the uther party. <br /> <br /> IN WITNESS WHEREOF, the parties have caused this agreement to be executed <br />upon authority duly given. <br /> <br />CANNON MEMORIAL YOUNG MEN'S <br />C}IRISTIAN ASSOCIATION AND <br />COmmUNiTY C~NTER, INC. CABARRUS COUNTY _ j~ ~ ~.-~ <br /> <br /> · B - <br /> Chairman o~ ~he ~oa~x~/ Parks and ~ec~e~'~tion Director <br />D ate~ t7~u/m~.~t/~ha Date: Z~ ~ . <br />This i,s s been preaudited i, the manher ~req~ired by the Local <br />Government Budget and Fiscal Act. <br />County FinanCe Officer/Date <br /> <br /> <br />