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Article 52 of Chapter 106 of the General Statutes of North <br />Carolina (NCG$ 106-580 through 600); and <br /> <br /> WHEREAS, COUNTY has appropriated the sum of Five Thousand <br />Dollars ($5,000.00) for this purpose for the period July 1, 1989- <br />~June 30, 19~0. <br /> <br /> NOW, THEREFORE, in consideration of the premises, COUNTY and <br />FARMERS MARKET do mutually agree to the following terms and <br />conditions: <br /> <br /> 1. This contract shall begin July 1, 1989, and shall exist <br />and continue through June 30, 1990. <br /> <br /> 2. FARMERS MARKET shall gravel, grade and landscape the <br />site of the Piedmont Farmers Market and will operate the market <br />for the sale and delivery of locally grown vegetables and produce <br />thereon for the benefit of the farmers, citizens and residents of <br />%he greater Cabarrus County area. <br /> <br /> 3. COUNTY shall allocate and pay to FARMERS MARKET eleven <br />(11) successive monthly payments of Four Hundred Sixteen Dollars <br />Sixty-Six Cents ($416.66) each, and a twelfth (12th) and final <br />monthly payment of Four ~undred Sixteen Dollars Seventy-Four <br />Cents ($416.74), for a total sum of 'Five Thousand Dollars <br />($5,000.00), with each successive monthly payment to be made on <br />or about the last day of each month, commencing July 31, 1989. <br /> <br /> 4. FARMERS MARKET shall use the funds paid to it by COUNTY <br />for operation and development of the Piedmont Farmers Market <br />site. At the end of its fiscal year, FARMERS MARKET shall <br />undergo an audit of 'its operations conducted by a certified <br /> <br /> <br />