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I .... " Form FHA 442-30 (Rev. 4-19-72) ~'ATER PURCHASE CO]~TRACT This conttscl fog Se aale ~d purchase of wster is ~t~ed t~lo is of Cabarrus County : ::~, ~:: Pos~ O~ice Box 707~ ConcOrd, NC 28025 hereinafter ~ele~r~ to as the"Sellez" ~d the Water & Sewer District of CabarruS County po~t Office Box 707. Concord, NC hezelnafter refered t0 Os the "Purchaser'** :'::~ :~ ~'ITN~SETH: %~et~s, the Purchaser is or~nized ud eslabli~ unde~ the pzo~'isions of General Statutes of the C~eo~ the State of North Carolina ,fot~epu~seo{constmctingnndopezal~gnwatetsuppl),disl[ibution system s~'ing ~atet users ~'~th)n the area desct)b~ in p]nns no~' on file in ~e office of Ihe Putchaset and to accomplish this pu~se, the Puzchaset will zequ~e n supply of treated ~atet, and ~e[eas, the Selle~ o~s and opetates a water supp]y distti~tion ~'ste~ ~')th a capacit)' cutxently capable of se~'ing the ptesenl customers DE the Sellez's system ~d the esl~mated numar of ~llet usexs to be set,'ed by the sald Purchaser as sbo~n in the plans of the si'stem no~' on lile in the office of the Purchaser, ~eteas, bi. ~otion No. enacl~ on the ~)' of ., ]9 , by the Seller, ~e sale of v'atet to the Putcbase~ in accordance ~ith the pm~'isions of ~e ~)d ~otioH .~ls apptdv~, ~d the execution o~ ~s contract ca~'ing out the ~d Motion by the Chat ~an ~d mttest~ bi, ~e SKteZaQ.. was duly authorize, and ~eteas, by ~:ion of~e Water & Sewer District Co~issioners of ~e Pu~hmset, ~a~ on ~e .~ay of ~9 . , -- ~e put.se of ~tet from ~e Selle~ in eccot~nce witb the te~ms s~ foflh in tbe's~ Motion was approve, ~a the ex~ution of tbls ~nbKt by the Chat rman, Water & Sewer District attested ~ the S~et~ was duly No~, ~et~ote, in ~nsidetmUon of the fotego~n~ ~d the mutual m~m~ts he~e~nfter s~ ' A. TheSellet A~tees: ]. (Quality and QueUe) To futni~ ~e Putchlset at the ~is ~ntraU ot ~y z~e~a] oz ext~slon Ih~f, ~table ~ted ~tet ~eeUng applicable puzlty standers of ~e ., 5tare of North Carolina in such quanti~' as may be tequi:ed b)' lee Puz~aset not lo exce~ 30~000.0D0 ~.l]ons pez m~. FHA ~2-30 (Rev. 449-72)