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052 <br /> c. To the sum derived in b. , add the cost of amortizing over <br /> fifteen years the capital cost(738,462)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 th1s 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 decline, 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 Mar h 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 /> TOWN OF CARRBORO <br /> BY: <br /> ATTEST: Richard F. Hunter, Town Manager <br /> Sarah C. Williamson, Town Clerk <br /> ORANGE COUNTY <br /> BY: <br /> Richard E. Whitted, Chairman, <br /> Orange County Board of Commissioners <br /> ATTEST: <br />