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7. Title tO the Cannon I~morial Library and all of the books and <br />ocher assets in said library shell be and raisin ~lch Concord. Title co <br />the real property and all books and other assets o[ the branch libraries <br />shell b~ ~d r~atn ~ith Cabarroz. Title to assets acquired in the [usure <br />[or the Carina H~orial Library will be in Coccord ~d title to assets <br />acquired in the £u~ure by the branch libraries shell be in Cabarrus. <br /> <br /> 8. All purchases o[ books, supplies and all expenditures of <br /> <br />shell b~ u~ie by the Ileed bibrarilm uader the provisions o[ thru Local <br />Covetm~nr Finite <br /> <br /> 9. Contributions to the Couaty library system by persac~, iims, <br />interest {~roops or I~overrmencal subdivisions to [~xl particular iteu~s my <br />be accepted and used [or the p~rposes designated subject to approval by the <br />Heed IAbrari~m and the Board of Library Trustees. <br /> <br /> 10. This COntract shell be eIiecttva upon its execution and shall <br />r~nain in force and effect throqlh Deeanl~r 31, 198I. The Contract may be <br />renamed by Joint ~r~ment of Concord and Cabarrus. <br /> <br /> IN TF.S'TIFI)i~Y {4HtI~F. OF, Coocord has caused this instr~nt to be executed <br />by its Hayor and Cabarru~ County bas cached the s~me to be executed by the <br />O~slmmm of i~ Board of ~ammissioners, all upon authority duly give~, the <br />day and year lrirat above <br /> <br /> CITY OF ~ <br /> <br /> C-I <br /> <br /> <br />