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77 <br /> <br />Termination and Amendment. This agreement may not be amended without <br />the written consent of the parties hereto. Either party hereto may <br />terminate this agreement prior to the termination date for cause only, <br />which shall be resolved in accordance with the Resolution of Conflicts <br />provision of this Agreement. <br />Authorization. . The parties hereto agree to provide to each other <br />written resol6tion authorization and approval of this Agreement by their <br />respective governing bodies, all in accordance wit NCGS 160A-461, <br />governing Interlocal Agreements. <br />Completion Date. The County agrees, absent circumstances beyond the <br />control of the County, that the design and development of the Complex <br />shall be completed by the thirty-sixth (36th) month from the date the <br />City, CSA and the County sign this Agreement, If, in accordance with <br />the provisions of the Agreement, the design and development of the <br />Complex is not completed by the thirty-sixth (36tn) month from the date <br />this Agreement is fully executed, the County will return the total <br />contributions of the City and CSA (and any interest earned thereon) <br />within thirty (30) days and the return of such contributions shall <br />constitute liquidated damages to the City and CSA for the failure of the <br />County to complete the design and development within the specified time <br />frame. <br /> <br /> IN WITNESS WHEREOF, the parties hereto have executed or caused to be <br />executed by their duly authorized officials this Agreement in duplicate, each <br />of which shall be deemed an original on the date first above written. <br /> <br />ATTEST: (Seal) <br /> <br />CABARRUS SOCCER ASSOCIATION <br />By: <br /> <br />JoAnn M. Hogins, President <br /> <br />ATTEST: (Seal) <br /> <br />CABARRUS COUNTY <br />By: <br /> <br />Arne L. Fennel, Chairman <br />Cabarrus County Board of Commissioners <br /> <br />ATTEST: (Seal) <br /> <br />CITY OF CONCORD <br />By: <br /> <br />Dr. George W. Liles, Mayor <br /> <br />The approved Budget Amendments were as follows: <br /> <br />BUDGET REVISION/AMENDMENT REQUEST <br /> <br />DEPARTMENT OF Parks & Recreation <br />AMOUNT: $ 100,000.00 <br />TYPE OF ADJUSTMENT: Supplemental Request <br />PURPOSE OF REQUEST: As directed by the Board of Commissioners, the budget <br />amendment is required to provide funds for sprigging, irrigation, ponds, wells <br />and electrical for soccer complex. These funds will reduce the FY 2002 <br />appropriations by $100,000.00 <br /> <br /> Present <br /> Account No. Approved Budqet Increase <br />00161710-6901 $17,154,596.74 $100,000.00 <br /> Fund Balance Appropriated <br />00191960-9708 $ 1,962,842.80 $100,000.00 <br /> Contribution to Capital Project Fund <br /> <br />Decrease <br /> <br /> Revised <br />Budget <br />$17,254,596.74 <br /> <br />$ 2,062,842.80 <br /> <br />BUDGET REVISION/AMENDMENT REQUEST <br /> <br />DEPARTMENT OF Parks & Recreation <br />AMOUNT: $ 100,000.00 <br />TYPE OF ADJUSTMENT: Supplemental Request <br />PURPOSE OF REQUEST: As directed by the Board of Commissioners, the budget <br />amendment is required to provide funds for sprigging, irrigation, ponds, wells <br />and electrical for soccer complex. These funds will reduce the FY 2002 <br />appropriations by $100,000.00 <br /> <br /> Present <br /> Account No. Approved.Budget Increase <br />34091920-9830-0072 $ 757,220.00 $100,000.00 <br />Other improvement - Stonewall Jackson Soccer <br />34061920-6902 $3,893,808.69 $100,000.00 <br /> Contribution from General Fund <br /> <br />Decrease <br /> <br /> Revised <br />Budget <br />$ ~ 857,220.00 <br /> <br />$ 3,993,808.69 <br /> <br /> BUDGET REVISION/AMENDMENT REQUEST <br /> <br />DEPARTMENT OF Parks & Recreation <br />AMOUNT: $ 100,000.00 <br />TYPE OF ADJUSTMENT: Supplemental Request <br /> <br /> <br />