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270 <br /> <br />this Agreement may be terminated without cause by any Party by providing <br />written notice of termination as of June 30 of any year, provided such <br />written notice is delivered to the remaining Parties at least twelve months <br />in advance. <br /> 13. Severability - If any portion of this Agreement is held invalid, <br />illegal or unenforceable, such determination shall not impair the <br />enforceability of the remaining terms and provisions contained herein, <br />provided the purposes, intent and objects of this Agreement may be attained <br />and achieved through the enforcement of such remaining terms and provisions. <br /> 14. Governing Law - This Agreement shall be governed by the law of <br />North Carolina. <br /> 15. Miscellaneous/Entire Agreement/Paragraph Headings -This Agreement <br />sets forth the entire understanding between the Parties and supercedes all <br />previous agreements, arrangements and understandings among the Parties <br />pertaining to the subject matter hereof, whether written or oral, and may not <br />be amended except in writing signed by all Parties. This Agreement is <br />intended to be binding upon and for the benefit of only the Parties and no <br />term or condition hereof is intended to benefit, nor may any term or <br />condition hereof be enforced by any other party. Paragraph headings are for <br />convenience only and shall not be deemed a controlling part of this <br />Agreement. <br /> 16. Execution - The signatures of the Chairman of the Kannapolis <br />Board, the Cabarrus Board and the Chairman of the Cabarrus County Board of <br />Commissioners constitutes approval of each Party. Resolutions of each Party <br />ratifying this Agreement are attached to this Agreement. <br /> WITNESS our hands and seals all as of the date set forth below. <br /> <br />CABARRUS COUNTY BOARD OF EDUCATION <br />By: <br /> <br />Christine Lee, Chairman <br />Attest: <br /> <br />Harold Winkler, Secretary <br /> (SEA~) <br /> <br />Date: <br /> <br />KANNAPOLIS BOARD OF EDUCATION <br />By: <br /> <br />Lee Efird, Chairman <br />Attest: <br /> <br />Edward Tyson, Secretary <br />(SEAL) <br /> <br />Date: <br /> <br />CkBARRUS COUNTY <br />By: <br /> <br />Jeffrey L Barnhart, Chairman, <br />Cabarrus County Board of Commissioners <br />Attest: <br /> <br />Date: <br /> <br />Frankie F. Bonds, Clerk to the Board <br />(SEAL) <br /> SCHEDULE 1 <br /> <br /> Total building space as of July 1, 1999 is approximately 3,180,695 <br />square feet distributed as follows: <br /> <br />County Schools <br />Kannapolis City Schools <br /> <br />2,458,126 square feet <br /> 640,000 square feet (in the County) and <br /> 82,569 square feet (in Rowan County) <br /> <br /> Total school grounds for the Boards are approximately 415 acres as of <br />July 1, 1999. <br /> <br /> UPON MOTION of Commissioner Fennel, seconded by Commissioner Casper and <br />unanimously carried, the Board adopted the following budget amendment. <br /> <br />BUDGET REVISION/AMENDMENT REQUEST <br /> <br />DEPARTMENT OF FINANCE <br />AMOUNT: $3,849,932.00 <br />TYPE OF ADJUSTMENT: Transfer Between Departments/Funds <br />PURPOSE OF REQUEST: On 6/21/99, the Board authorized the transfer of the <br />Grounds and Building Maintenance from Current Expense for the two school <br /> <br /> <br />