1971 - 01-04-71 Regular Meeting - Laserfiche WebLink

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BOOK P11 - 499 N70RTH CAR.OLIsZA. LEE COUNTY THIS 'AGRTti'*;ME,N , made and c?ntercd into this, day of January, 1911, by a.td Letween LEE COUNTY, a political subdivisior. of the State of North Cagrolina, hereinafter. cal le.d, t47ea "COUnty" and the. CITY OF SANFORD, a municipal uor&roratior, located in said county of Lee, hereinafter caller the "City", tt I? N L r-I S, M WHEREAS, the City, of Sii~nforcl has an existing, water (..urifi cation plant storage faci.lities and distriFZuticn lines ar,4 sewage disposal facilities; and WHEREAS, the City is the largest municipality within, the County ant its presE3nt ui?stribution system extends out into uni.ncor~po- rated areas in the County.; a-d WHEREAS, the County contemplates the issuance of general O obligation bonds to finance water and sewer line extensions into industrial sites within the County; and WHis'REAS, the City; has agreed to participate in said program D and to provide water and-sewage disposal service to the industrial sites, and WHEREAS, the parties desire a written, testimonial of their agreement. NOW, THEREFORE, in consideration of the premises and of the mutual provisions herein contained and the mutual benefits to result therefrom:, the parties agree as .follows: 1. The Boards agree it is to their advantage to extend water a and sever facilities to kadustrial areas and will consider all applications made to them in good faith. 2. Applications for the extension of water.ans sewer facilities to industrial sites will :only be considered for i:ndutries which meet the following criteria: (1) The industry must own their own property; (2) The industrial facility must be in existence or final type plans have been prepared and the industry is ready to begin its construction phase;