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2024 Orange County General Obligation Bond (" Project(s] ") . The parties recognize that a <br /> continuing cooperative working relationship between the School Districts and the County will <br /> promote efficiency , collaboration , and transparency and completion of projects on time and within <br /> budget . <br /> ARTICLE II <br /> TERM AND TERMINATION <br /> 2 . 01 Term . The term of this Agreement shall begin on the date reflected in the first <br /> paragraph of the Agreement and expire June 30 , 2033 , unless otherwise extended by mutual <br /> agreement of the parties . <br /> 2002 Termination . The parties shall each have the right to terminate this Agreement with or <br /> without cause upon giving sixty (60) days written notice to the other parties in writing , including the <br /> reason for termination . Any such termination by one party shall not affect the rights and obligations <br /> of the remaining parties to this Agreement . <br /> 2 . 03 Effect of Termination . The roles and responsibilities of any withdrawing party shall <br /> terminate sixty (60 ) days after notice is given by the withdrawing party unless otherwise agreed <br /> by written consent of the other parties executed with the same formality as the foregoing <br /> document . Any termination under this Section shall not terminate or otherwise affect properly <br /> authorized resolutions entered pursuant to this Agreement , the provisions of N . C . G . S . 153A- 158 . 1 <br /> for the transfer to the County of responsibility for construction , improvement , ownership , and <br /> acquisition of School District property , any ongoing Project , any sales tax recapture agreement <br /> entered into between the parties , or any construction or acquisition agreement entered into <br /> between the parties . <br /> ARTICLE III <br /> JOINT SCHOOL FACILITIES CORE TEAM <br /> 3 . 01 Core Team . The County and the School Districts hereby create the committee known as <br /> the Joint School Facilities Core Team (" Core Team " ) . <br /> 3 . 02 Purpose . The Core Team shall promote regular , informed , and interactive communications <br /> between the County and the School Districts concerning research , investigation , evaluation , <br /> funding , and implementation of the School District ' s capital improvement plan and Projects , <br /> without limiting the statutory rights or duties of either party . <br /> 3 . 03 . Membership . The Core Team will consist solely of professional staff of the three Parties. Each Party <br /> shall appoint staff members to the Core Team necessary to efficiently carry out the purposes set <br /> forth in this Agreement . These staff members should represent the County ' s Budget and Finance <br /> functions , as well as the School Districts Finance and Operations functions . County members <br /> shall be appointed by the County Manager, and School District members shall be appointed by <br /> their respective Superintendents . <br /> 3 . 04 Liaison Designee . From the membership of the Core Team , each party shall designate <br /> representatives to communicate information regarding the implementation of this Agreement to <br /> the party 's governing board . <br /> 3 . 05 Collaboration Process . The Core Team will implement the collaboration process through a <br />