Orange County NC Website
2 . To appropriate annually the sum of Fifty-six thousand <br /> six hundred forty-five dollars ($56, 645 .00) which sum shall be <br /> available for expenditure under the terms of this Agreement, and <br /> shall represent the County's share of the annual budget . <br /> Part III. IT IS EXPRESSLY AGREED AND UNDERSTOOD BY BOTH <br /> PARTIES : <br /> 1 . That this Agreement becomes effective July 1, 2000 . <br /> 2 . That the annual appropriations as set forth above may <br /> be revised by mutual agreement between the Department and <br /> County, based on the amount of annual appropriation desirable <br /> for the proper conduct of the Forestry work, such revision to <br /> become effective at the beginning of a given Fiscal Year. Any <br /> unused balance of County funds remaining at the end of a Fiscal - <br /> Year shall revert to said County unless otherwise agreed upon by <br /> both parties . <br /> 3 . That County will reimburse the Department as provided <br /> in Part II, Item 1, for the amount of the County' s share of <br /> expenditures as set forth in the Department' s periodic statement <br /> to County. That such payments be made by County within thirty <br /> days following receipt of the Department' s billing. <br /> 4 . That title to all improvements and equipment purchased <br /> and/or constructed in connection with this agreement will rest <br /> with the Department; such materials or their equivalent will <br /> remain in the County as long as this agreement is in effect, or <br /> as long as they are needed by the Department for the proper <br /> conduct of the work therein. <br /> 5 . That the Forester or Forest Ranger periodically or at <br /> the request of the Board of Commissioners of County, shall <br /> present to the Board statements of the work being done within <br /> the County, so that said Board may be fully informed at the <br /> times regarding the Forestry finances and activities within the <br /> County. <br /> IN WITNESS WHEREOF, the said parties do hereunto affix <br /> their names upon the date herein below specified. <br />