AG 2002 06 17 (Regular) - Laserfiche WebLink

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reevaluate the funding needs for the Buildings and Facilities Services, taking into consideration such increased square footage, regardless of whether or not ADM Numbers increase; and (ii) in the event the County consolidates its maintenance and repair staff into the Department, the Boards and the County will at that time, reevaluate the method used for determining funding contributions of each Party, taking into consideration square footage and traffic considerations among other items. Attached hereto as Schedule 1 and incorporated as if more fully set forth herein is a chart which sets forth total School Facility building space and total School Facility grounds, which shall be amended fi.om time to time to incorporate changes in such figures. (c) Fiber Optic Cable Installed and Maintained by Time Warner Cable. For each fiscal year of this Agreement, the amount allocated to the Fund for building and facilities for payment to Time Warner Cable for installation and maintenance of fiber optic cable between administrative offices and high schools shall be $32,500. Based upon the North Carolina ADM Numbers of 18,522 (85.74%) students in the County Schools and 3,080 (14.26%) students in Kannapolis City Schools that reside in Cabarrus County for the 1999-2000 school year, the Cabarrus Board Shall allocate a minimum of $27,865.50 and the Kannapolis Board shall allocate a minimum of $4,634.50. 8. Accounting - The Cabarms Board Finance Department will be responsible' for establishing two separate internal accounting categories and will keep separate accounting records as to amounts actually spent for the Services provided for each of the Cabarms Board and the Kannapolis Board with regard to the above: (i) Building and Facilities Services and (ii) Grounds and Maintenance Services. Within 30 days after the end of each quarter, the Cabarrus Board Finance Department will prepare a report showing spending by the Department, which report will be sent to the County Manager and the Superintendents. At the end of each fiscal year, unspent funds in either Boards' account, whether in building maintenance and facilities or grounds and maintenance, shall be reserved for subsequent years' budgets and shall only be spent for each respective purpose, subject to agreement by the Parties. 9. Year 2000 Readiness - Each Party represents that they have made the necessary preparations in hardware, software and related equipment in anticipation of the year 2000. 10. Disputes - In the event any disputes arise in connection with this Agreement, the Parties shall make an earnest, good faith attempt to resolve their differences prior to implementation of more formal measures for resolving such disputes. 6