Agenda - 11-28-1977 - Laserfiche WebLink

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M Page 2 1. Capital Participation. The Town will provide a total of ONE HUNDRED FIFTY THOUSAND DOLLARS ($1.50,000:00) from the proceeds of the recreation bond issue towards development of recreational fields and facilities on property owned by the Board of Education. The allocation and use of said proceeds by site location are set forth in Attachment A to this agreement, which is incorporated herein by eference to the same extent as if fully set ,forth herei it being understood and agreed that said breakdown reflects the present anticipated costs for completion of each of said projects a set forth therein. It is understood and agreed, however, that min modifications in the allocation of said costs may be made without further formal approval of the parties hereto by their duly authori representatives , provided however, that the maximum amount of said participat on shall not be increased without a modification of this agreement. 2. Joint Use. The Board of Education agrees that the Town shall have the use of certain playing fields when said fields are not needed for school purposes . It is specifically understood and agreed that the program of the Beard of Education shall have pre- ference ov r the use of said facilities for Town purposes. It is further understood and agreed that this agreement shall, be supple- mental, to the agreement dated February 28, 1974 for the development and use of playing fields 'at the Ephesus Road Elementary School site and to the extent that provisions of this agreement are at variance with the terms contained in said agreement, the provisions containe herein shalL control. The initial approved schedule for use of said facilities is attached hereto as Attachment B, it being understood and agreed that minor modifications may be made to said schedule