Orange County NC Website
C. To the sum. derived in b., add the cost of amortizing over <br />fifteen years the capital c0st;''88,462 }of the pumper and tanker <br />acquired by the Town in order to provide service to the fire <br />district. <br />4. The Town shall submit to the County by May 15th of each year the <br />figure derived according to'the procedures set forth in paragraph three so that the <br />County can use this figure in setting the fire district tax rate. If the Town's <br />budget is not finally approved by the Board of Aldermen in sufficient time to meet <br />this dealine, the Town may use the town manager's recommended budget as a basis <br />for making the calculation required under paragraph three. <br />5. The.sum provided for herein shall be paid by the County to the <br />Town in four quarterly installments, one each being due on July 1, October 1, <br />January 1 and March 1. <br />6. This contract shall be effective July 1, 1982 and may be cancelled <br />by either party upon written notice to the other not less than 90 days prior to the <br />end of the last fiscal year for which fire services are to be provided herein. <br />This contract is entered into the day and year first above written. <br />ATTEST: <br />Sarah C. Y!i11iamson, To Clerk <br />ATTEST: <br />4-Paulette Pridgen- i'&FW, erk to the <br />Board of Commissioners <br />4har RBOR BY <br />. unter, Town Manager <br />ORANGE COUNTY <br />BY: <br />O chard E. Whitted, Chairma <br />Orange County Board of Commissioners <br />13 <br />