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8. it ts contemplated that the ftnal EPA audtt of the Rocky Rtver <br /> Regtonal WaStewater Treatment Project w$11 be completed wtthtn <br /> approxfmately six months. After its acceptance and a ftna~cfal <br /> settlement has been ~de by the County and Cannon Mills Company <br /> with the Board of Light and Water Co~tsstoners as lead agent, <br /> then tt will be agreeable by the Board of Light and Water Commissioners <br /> and the City of Concord to pursue the formation of a Metropolitan <br /> Sewer AuthOrity. The operation and use of the plant and interceptors <br /> by the Authority shall be in accordance with the Agreement <br /> between the Board of Light and Water Com~isstoners of the City <br /> of Concord, Cabarrus County and Cannon Hills Company, dated <br /> September 5, 1975. <br /> <br /> The people of Concord have an investment in its water and sewer <br />facilities of over $80,000,000. The elected officials of Concord, the <br />Board of Light and Water Commissioners and the citizens of Concord have <br />spe~t over 80 years developing and nurturing our water and sewer system. <br />It is not something we take lightly, but rat~er something we must preserve <br />and protect. We will be most happ~ to work with any entity on water <br />service in a coope?at~ve manner. <br /> <br /> Wednesday, Octobe~ 23, 1985 <br /> <br /> <br />