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46 <br /> <br /> WHEREAS, in January, 1981, the Counties established Bakers Creek Park <br />(the "Park") upon the Real Property; and <br /> WHEREAS, on August 17, 1998, the Cabarrus County Board of Commissioners <br />and the Rowan County Board of Commissioners entered into an agreement (the <br />"Agreement") with the City of Kannapolis whereby the ownership of the Park <br />was to be transferred to the City under certain specified conditions, <br />including providing for a reduction of budget funding by the Counties; and <br /> WHEREAS, under the Agreement, Rowan County did agree to appropriate and <br />contribute funding in the sum of $21,918.00 for the fiscal year 1998-1999 <br />operating budget of the Park and thereafter to assume no other obligations <br />relating to the Park, its facilities or operations except as may otherwise be <br />approved by the County; and <br /> WHEREAS, under the Agreement, Cabarrus County did agree to appropriate <br />and contribute funding to the annual operating budget of the Park as follows: <br /> (1) fiscal year 1998-1999 ........... $48,850.00 <br /> (2) fiscal year 1999-2000 ........... $32,567.00 <br /> (3) fiscal year 2000-2001 .......... $16,284.00 <br />and thereafter to assume no other obligations relating to the Park, its <br />facilities or operations; and <br /> WHEREAS, pursuant to the Agreement, the Counties agreed to execute <br />deeds for the Real Property and transfer documents for personal property as <br />may be necessary and appropriate for the transfer of fee simple title to the <br />Park, its facilities and related personal property free and clear of all <br />liabilities, claims, obligations, security interests and encumbrances; and <br /> WHEREAS, beginning on January 1, 1999, the City of Kannapolis, under <br />the provisions of the Agreement did agree to act as lead agency for the <br />management and operation of the Park which activities shall include, but <br />shall not be limited to, the following: <br /> (a) Acting as the Park's purchasing agent for all supplies, <br /> (b) Providing accounting and other fiscal control in compliance with <br />those procedures identified in North Carolina General Statutes Chapter 159, <br /> (c) Providing an annual audit of the Park's budget and expenditures <br />as required by the North Carolina Local Government Commission, <br /> (d) Providing or performing such other services and activities as the <br />City and Cabarrus County may agree; and <br /> WHEREAS, the Park Commission was greatly aided in its efforts to <br />establish the Park through two Federal Grants for Capital Improvement from <br />the Land and Water Conservation Funds of the United States Department of <br />Interior and the National Park Service as well as a State Grant for Capital <br />Improvement from the North Carolina Parks and Recreation Trust Fund; and <br /> WHEREAS, the Cannon Mills Company generously donated a substantial <br />portion of real property used by the Park Commission to establish the Bakers <br />Creek Park; and <br /> WHEREAS, Atlantic American Properties generously donated a substantial <br />portion of real property used by the Park Commission to establish the Bakers <br />Creek Greenway; and <br /> WHEREAS, the leadership and support of the members of the <br /> Cabarrus-Rowan Park Commission has been invaluable in the successful <br /> culmination of this project; and <br /> WHEREAS, the financial support provided by the Federal and State <br />grants, the combined support of Cabarrus County, Rowan County and the City of <br />Kannapolis together with the generosity of private companies, businesses, <br />non-profit organizations and the support of the general public serves as an <br />excellent example of what can be accomplished when the public and private <br />sectors work together for a common goal; <br /> NOW, THEREFORE, BE IT RESOLVED, by the Boards of County Commissioners <br /> of Cabarrus County and Rowan County as follows: <br /> 1. The Cabarrus-Rowan Park Commission is hereby terminated in <br /> accordance with the Agreement. <br /> 2. The members of the Park Commission are commended for the work they <br /> have done in bringing this project to its fruition. <br /> 3. The enjoyment that each of these individuals has expressed in seeing <br /> Bakers Creek Park and the Bakers Creek Greenway become a reality is duly <br /> noted as is their collective appreciation to the City of Kannapolis for <br /> ensuring the continued success of the fruits of their labor. <br /> 4. This Resolution shall become effective upon its adoption. <br /> Adopted this 21st day of September, 1998. <br /> <br />ATTEST: <br />/s/ Frankie Fo Bonds <br />Frankie F. Bonds <br />Clerk to the Board <br /> Adopted this <br /> <br />__ day of <br /> <br />BOARD OF COMMISSIONERS <br />OF CABARRUS COUNTY <br />By: /s/ Sue B. Casper <br /> Sue B. Casper, Chairperson <br /> <br />, 1998. <br /> <br /> <br />