BC 2000 08 15 - Laserfiche WebLink

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506 include a rehabilitation center provided in collaboration with NorthEast Medical Center, indoor swimming pools, fitness center, teen center, community meeting rooms, etc. Mr. Davey asked that the County make a funding commitment of $1 million toward the construction of the aquatic facilities. In return, the YMCA will provide access to the aquatic facilities for swimming related activities for the County's school systems. There was discussion concerning the proposed Memorandum of Understanding (MOU) between the YMCA and Cabarrus County and a proposed funding commitment for the County to provide $500,000.00 each for Fiscal Years 2003 and 2004. Mr. Hartsell pointed out the MOU contained a non- appropriation clause as the Board could not commit future boards of commissioners to the proposed funding. UPON MOTION of Chairman Fennel, seconded by Commissioner Barnhart and unanimously carried, the Board approved the Memorandum of Understanding with the County's financial support for the proposed YMCA facility to be based on two payments of $500,000.00 each in Fiscal Years 2003 and 2004. Further, the County's participation will be tied to a contractual relationship establishing the school systems use of YMCA facilities for aquatic programs. The YMCA, Schools and County would be parties to the final agreement. The Memorandum of Understanding as approved by the Board was as follows: MEMORANDUM OF UNDERSTANDING THIS MEMORD2gDUM OF UNDERST~NDING (the "MOU") made and entered into effective as of the 15th day of August, 2000 by and between the CANNON MEMORIAL FAMILY YMCA, INC., (the "YMCA"), a North Carolina not for profit corporation, whose mailing address is P.O. Box 46, Kannapolis, North Carolina 28082-0046, and CABARRUS COUNTY GOVERNMENT (the "COUNTY") attempts to outline generally the agreements of the parties to collaborate in the development of swimming facilities to be constructed and operated by the YMCA in support of aquatic activities sponsored under the oversight of the COUNTY'S school systems. WHEREAS, the COUNTY desires to secure an opportunity for students of the COUNTY'S school systems to participate in aquatic athletic sports and sporting events, and the YMCA is able and willing to provide for the construction, operation and maintenance of facilities to accommodate the use of the COUNTY'S school system athletic swim programs, and WHEREAS, the YMCA requests the financial assistance of the COUNTY in developing new facilities to accommodate the increased usage by the COUNTY'S school systems athletic swimming programs, and the parties want to ensure the long-term availability of aquatic facilities designed and maintained to meet the requirements of envisioned school systems aquatic programs, NOW, THEREFORE, in consideration of the mutual promises and commitments contained herein, the parties agree as follows: THE COUNTY SHALL: 1. Provide a funding commitment to the construction of new aquatic facilities to be constructed as part of a new YMCA complex to be located at Afton Village near 1-85 and Crisco Road in Concord. The funding commitment will be for a total of $1,000,000 in two equal payments of $500,000 each. The first payment will be in the COUNTY'S fiscal year 2003 (July 2002-June 2003) and the second payment will be in the COUNTY'S fiscal year 2004 (July 2003-June 2004). The payments will be made in the month of July of each fiscal year. 2. It is acknowledged and understood by both parties to this agreement that the COUNTY'S financial obligation is subject to the appropriation of the required funds by the Cabarrus County Board of County Commissioners for the two fiscal years designated. 3. It is the intent that funds provided by the COUNTY be used toward the capital cost of constructing the proposed facility either through direct allocation or through the payment of principal/interest associated with construction costs. 4. The COUNTY shall not be obligated to any further financial costs associated with the construction, operation or maintenance of the proposed facilities. THE YMCA SHALL: 1. Use the funds as provided by the COUNTY to construct the proposed aquatic facility as part of the larger YMCA complex planned for the site. The COUNTY funds may be used directly toward construction costs or for the payment of principal/interest associated with the construction project.