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0 0 <br />P)GOn 39 PAGE ii r% <br />12. The Fire Department will maintain its current rating or better with the North Carolina <br />Department of Insurance Rural Rating System as well as its present non-profit corporation status <br />pursuant to Chapter 55A of the North Carolina General Statutes. The Fire Department shall <br />continuously comply with all applicable laws, ordinances and regulations. <br />13. This agreement shall become effective as of the date of execution and subject to the <br />continued legal existence of the District shall continue from fiscal year to fiscal year in <br />accordance with the annual Budget adopted by the Board of Commissioners for providing fire <br />and rescue protection within the District and to the extent of funds appropriated to continue this <br />agreement. <br />14. This agreement may not be transferred or assigned by the Fire Department without <br />consent of the County. <br />15. The Fire Department shall submit legible sets of minutes of the Department's <br />meetings to the County for the Board of Commissioners' review on a quarterly basis. <br />IN TESTIMONY WHEREOF, the Lee County Board of Commissioners has caused this <br />instrument to be signed by its Chairman and attested by the Clerk of the Board of County <br />Commissioners of Lee County; and the Carolina Trace Volunteer Fire Department, has caused <br />the same to be signed in its name by its President, attested by its Secretary, and its corporate seal <br />hereto affixed, all by order of its Board of Directors duly given as of the day and year first above <br />written. <br />LEE COUNTY BOARD OF COMMISSIONERS <br />By: <br />Herbert A. Hincks, Chairman <br />ATTEST: <br />Gaynell M. Lee, Clerk <br />Lee County Board of Commissioners <br />CAROLINA TRACE VOLUNTEER FIRE DEPARTMENT <br />By: <br />President <br />ATTEST: <br />Secretary of Fire Department <br />