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9 <br /> b. Alternate County Funding. By mutual agreement, any activity(ies) may be funded by <br /> the two counties using a cost-sharing ratio other than 50/50 if mutually agreed to in <br /> writing in advance of the activity. <br /> 4. Capital Costs. Capital costs of the Park shall be shared equally by both counties (Orange <br /> County 50% and Durham County 50%) and paid for as provided in Section III.6. of this <br /> Agreement. Notwithstanding the foregoing, either county may budget and/or expend funds <br /> for jointly approved capital investment projects for the Park, for which the other County will <br /> not or cannot approve funding for, so long as such expenditure or any portion thereof is in <br /> accordance with the Master Plan, and not invoiced to the other county for reimbursement or <br /> charged against the other county as an expenditure. Such unshared expenditures shall not be <br /> considered a part of the Park budget and shall not become a cost to be reimbursed in the <br /> event of termination. <br /> 5. Park Revenues. Except as otherwise provided for, all revenues generated from operation of <br /> the Park shall be shared equally by the two counties (Orange County 50% and Durham <br /> County 50%). Revenues shall be collected, when due, by Orange County, netted against <br /> operating and maintenance costs of the Park and designated as a set off on the invoice from <br /> Orange County to Durham County provided for in Section III of this Agreement. <br /> 6. Review and Reconciliation. At the end of each fiscal year, the Finance Directors of both <br /> counties shall conduct a review and reconciliation of amounts paid and payable under this <br /> Agreement. Such adjustments or payments as may be necessary to effectuate the <br /> reconciliation agreed upon by the Finance Directors of both counties shall be made promptly. <br /> Reconciliation shall be completed prior to October 15 of each year. <br /> IV. Park Operations <br /> I. Park Operation and Maintenance. During the term of this Agreement, Orange County shall <br /> manage the Park according to the terms of this Agreement, jointly-approved Operating <br /> Guidelines, and jointly-approved Annual Objectives, and shall provide operation and <br /> maintenance services customarily provided for in the management of a park. Orange County <br /> shall do and perform any and all things reasonably necessary for the pleasure, comfort, <br /> service and convenience of those who use the Park, as well as to protect and preserve the <br /> natural resources and facilities within the Park. <br /> a) Maintenance of Grounds. Maintenance of the Park grounds shall be performed by <br /> employees of Orange County or contractors as necessary to ensure proper and <br /> adequate maintenance. All contract maintenance costs shall be documented and <br /> accounted for as provided in Section III of this Agreement. <br /> b) Maintenance of Buildings. Maintenance of all buildings and structures located on <br /> Park property shall be performed by employees of Orange County or contractors as <br /> necessary to ensure proper and adequate maintenance. <br /> Page 5 of 10 <br />