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9ov 13 PrCE 463 0 <br />12. The Fire 'epartment will maintain itcurrent rating or <br />better with the North Carolina Insurance Services offices as well <br />as its present non-profit corporation status pursuant to Chapter <br />55A of the North Carolina General Statutes. The Fire Department <br />shall continuously comply with all applicable laws, ordinances <br />and regulations. <br />13. This agreement shall become effective as of the date of <br />execution and subject to the continued legal existence of the <br />District shall continue from fiscal year to fiscal year in <br />accordance with the annual Budget adopted by the Board of <br />Commissioners for providing fire protection within the District <br />and to the extent of funds appropriated to continue this <br />agreement. <br />14. This agreement may not be transferred or assigned by <br />the Fire Department without consent of the County. <br />15. The Fire Department shall submit legible sets of <br />minutes of the Department's meetings to the County for the Board <br />of Commissioners' review on a quarterly basis. <br />IN TESTIMONY WHEREOF, the Lee County Board of Commissioners <br />has caused this instrument to be signed by its Chairman and <br />attested by the Clerk of the Board of County Commissioners of Lee <br />County; and the Carolina Trace Fire Department, has caused the <br />same to be signed in its name by its President, attested by its <br />Secretary, and its corporate seal hereto affixed, all by order of <br />its Board of Directors duly given as of the day and year first <br />above written. <br />LEE COUNTY BOARD OF COMMISSIONERS <br />By: ~ <br />Chairman <br />ATTEST: <br />erk to Board <br />CAROLINA TRACE FIRE DEPARTMENT <br />By: <br />Pres <br />ATTEST: <br />Secretary <br />