My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
BC 1975 09 04
CabarrusCountyDocuments
>
Public Meetings
>
Meeting Minutes
>
BOC
>
1970 - 1976
>
1975
>
BC 1975 09 04
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
4/8/2003 10:35:33 AM
Creation date
11/27/2017 12:31:48 PM
Metadata
Fields
Template:
Meeting Minutes
Doc Type
Minutes
Meeting Minutes - Date
9/4/1975
Board
Board of Commissioners
Meeting Type
Regular
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
14
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
and at such times as will enable the Board to meet'its <br /> obligations with respect, to any ~ayment schedule or schedules <br /> under any ~ontract or contracts into which it may enter <br /> pursuant'to this Agreement for the construction of the <br /> Plant. Any installments shall be paid on a pro rata basis <br /> by the Board, the County, and C~nnon Mills according ~o the <br /> percentages set forth in paragraph 2 hereof. <br /> <br /> 4. Conditions Precedent to Payments. None of <br /> <br />the parties of the first, second or third part shall be <br />under any obligation to make any payment or'.paym~nts here- <br />under unless and until each of the-following conditions <br />shall have been satisfied: <br /> <br /> a. The United States shall have committed <br /> itself to financing seventy-five percent (75%) <br /> of the eligible'construction costs with respect- <br /> to the Plant, Subject only to the financing of <br /> all site acquisition costs and all of the local <br /> costs of constructing the Plant by local sources <br /> ahd the financing-of twelve and one-half percent <br /> (12.5%) of the eligible construction costs b~ <br /> the State; <br /> <br /> b. The State shall have committed itself <br /> <br /> to financing twelve and one-half percent.(12.5%) <br /> of the eligible construction costs with respect <br /> to the Plant, subject only to the financing of <br /> all site acquisition costs and all of the local <br /> costs of constructing the Plant by local sources <br /> and the financing of seventy-five percent (75%) <br /> of the eligible construction costs by the United <br /> States; <br /> <br /> 5. Affirmative Covenants of Board. Subject to the <br />terms and'conditions of this Agreement, the Board shall -- <br /> <br /> <br />
The URL can be used to link to this page
Your browser does not support the video tag.