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NOW, TBEREFORE, in consideration of the premises and the <br /> and <br />mutual covenants and agreements hereinafter made, CONCORD <br />CABARRUS agree as follows: <br /> 1. Purpose. The purpose of this Agreement is to establish <br />s basis for reciprocal cooperation between CONCORD and CABARRUS <br />with regard to connections to, development of, and construction <br />and maintenance of the water and sewer systems of the other. <br /> 2. Duration of Aqreemen%. The duration of this Agreement <br /> is perpetual. <br /> 3. Authority to Connect. CABARRUS grants to CONCORD and <br /> CONCORD grants to CABARRUS the absolute right and privilege to <br /> connect to its respectiwe water or sewer system upon such terms <br /> and under such conditions as hereinafter set forth. <br /> 4. Construction Plans and Specifications.. Prior to <br /> requesting a connection to the other party's water or sewer <br /> system, the party seeking connection for a proposed water or <br /> sewer line (a -Proposed Line") to an existing water or sewer line <br /> (an "Existing Line") in the other party's system shall submit <br /> plans and specifications for the Proposed Line to the owner of <br /> the Existing Line. <br /> 5. upsizinq or Upqradinq Lines. In the event that a <br /> Proposed Line is smaller than that desired by the owner of the <br /> Existing Line, then the owner of the Existing Line may pay the <br /> cost difference for upsizing or upgrading the Proposed Line, and <br /> the Proposed Line shall be upsized or upgraded upon receipt of <br /> said sum by the original party proposing the construction of the <br /> <br /> <br />