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6O8 <br /> <br />LENTZ: Seconded by Martha. Any other discussion. Hearing none we will vote. <br />Ail in favor signify by saying aye. <br /> <br />LENTZ, MELVIN, MOSS: Aye <br /> <br />LENTZ: Ail opposed "No". The second contract, "The Agreement to Construct and <br />Maintain Water and Sewer Lines to the Area of Cabarrus County Commonly Known as <br />Kings Grant" I would make that in the form of a motion. Is there a second? <br /> <br />MOSS: Second. <br /> <br />LENTZ: Ail right, we have a second. Any other comments. Hearing none, we will <br />vote. Ail in favor of the motion, signify by saying "aye". <br /> <br />LENTZ, MELVIN, MOSS: Aye <br /> <br />LENTZ: Ail opposed "no". Ail right, do we have to take anything on the deed <br />itself, any action required on the deed itself, Fletcher, any action required <br />on the deed itself? <br /> <br />HARTSELL: You will need to authorize its execution. Can you wait just a minute <br />please. I don't need to be short. I want to look at one thing. I think that <br />the Airport Agreement that the time frame, instead of...we cut it back to 5 .... I <br />think you probably ought to leave it at 10. The reason for that ..... <br /> <br />MELVIN: Has he found something else? <br /> <br />LENTZ: No, he is saying leave it at 10 <br /> <br />HARTSELL: Leave it at 10, even though your repayment is over 5 years, you still <br />have certain rights and obligations that might be beyond that <br /> <br />MELVIN: 10 --so leave it like it is. <br /> <br />MOSS: That's the way we adopted it. <br /> <br />HARTSELL: What did you do on the other .... <br /> <br />MOSS: On the other we changed the one where you got duration agreement for the <br />3 years to that 10 years. <br /> <br />HARTSELL: So you made them both 10 years. <br /> <br />MOSS: Right. What else you got to have for the deed. <br /> <br />LENTZ: I would move <br /> <br />HARTSELL: Wait, Wait ...You will need to authorize the Chairman to execute the <br />deed to the airport property. <br /> <br />LENTZ: I would so move on that matter. Is there a second? <br /> <br />MELVIN: I second. <br /> <br />LENTZ: Seconded by Martha. Any other discussion? Hearing none we will vote. <br />Ail in favor of the motion, signify by saying aye. <br /> <br />LENTZ, MELVIN, MOSS: Aye <br /> <br />LENTZ: Ail opposed. Anything else Fletcher? <br /> <br />RUFFIN: You might to be sure that Susie understood or has the appropriate <br />changes to each agreement that were made for the record. <br /> <br />HARTSELL: For the record, there is one change to what was written there. Both <br />agreements, both the Kings Grant Agreement and the Airport Agreement have 10 <br />year durations. I believe that is correct...is it not. <br /> <br /> MOSS: Right <br /> <br /> <br />