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11 <br />Attachment 1 <br />T. Term. The tem) of this Agraement,%hall cornmence the y ear and date first, above recorded and <br />shall continue I`ora period of unless terminated earlier. by either party. <br />Town shall commencement construction on <br />4. Maintenance, Upon completion, of the construction and rePairs described above, the Town <br />shall transfer the utilities to OW ASA for upkeep, operation and maintenance of the <br />sewertincs and aSSOCiattdr infrastructure- Such upkeep, tnainten.anee and repair or <br />replacement shall be at the sole cost and expense of OWASA. <br />5. Sewer Connections. 'New and existing individual, connections to the Main Street erline <br />shall be subject to the approval of the T" The Town shall install stub-outs- for the each <br />property ow,= requesting a, connection to the Main Street Sewerlitit during construction. <br />The individual property owners shall be responsible for installing the laterals and all costs <br />associated with connecting their businesses to the Main Street Sewerlinc, All ftnure <br />connections, to the Main Street Sewerline after project completion shall be the sole <br />responsibility of the indiNidual property ow-ners. <br />6, Additional Documentation. The p arties agree to and hereby authorize the County Manager, <br />County Attorney and Iowa Manager and J'own AtWm.ey to prepare and execute all such <br />other and further documentation or agreements as shall be necessary or desirable in <br />eft, , ectuating this agreement. 'This Agreement contains the entire understandhig of the parties <br />and shall not be altered, amended or modified, except in wrifing executed by both parties. <br />fN W117NESS IWFIEREOF,the parties hereto have caused this Interlocal Agreement to IV, <br />executed as of the day and year first written above, <br />FOR AND ON BEHALF OF; <br />ORANGE COUNTY, NC <br />By­ <br />Frank Clifton, Cotuity Manager <br />FORAND ON BEHALF OF: <br />TOWN'OF CARRIBOR0, NC <br />W3 <br />Town Manager <br />rhis Agreement has been approved as to forni and legal sIfficiency. <br />County AtIorney's, Office <br />IM <br />This instnanent lias been pre-audited in the matiner required by the [.,ocal Goverriment Buxlget <br />and Fisa Control Act. <br />__ . .. . ........... <br />Orange County Finance'Direclor Date <br />This Agreementhas, been approved as to l"orm. and legal sufficiency. <br />Twom, Attorney's Office <br />Date <br />N <br />