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THIS CONTRACT, made this 3rd day of March, 1924, between the City of <br /> <br />Charlottesville, hereinafter called the City, party of the first part, and the <br /> <br />County of Albemarle hereinafter called the County, party of the second part. <br /> <br />WHEREAS, at a meeting of the committee of the Albemarle County Board of <br /> <br />Supervisors and a meeting of the Committee of the Council of the City of Charlottes- <br /> <br />ville held at the City Hall on the 15th day of February, 1924, to consider the <br /> <br />unsettled accounts between the City and County covering a period from 1908 to <br /> <br />date, and <br /> <br />WHEREAS, at said meeting the provisions contained in this contract were <br /> <br />agreed upon subject to the approval of the City and County, now, therefore, this <br /> <br />contract, <br /> <br />WITNESSETTH: <br /> <br />That for and in consideration of the premises and the mutual agreements <br /> <br />hereinafter contained, it; appearing that the unsettled claims of the City against <br /> <br />the County are practically off set by the claims which the County may have against <br /> <br />the City, it is agreed between the County and the City that their mutual accounts <br /> <br />shall be considered to balance on September 1st,1923, and new records kept from <br /> <br />that date. <br /> <br />It is further agreed that the City shall pay three fifths (3/5) of all <br /> <br />costs of operation and maintainance of the Courthous, Jail, and Clerks Office and <br /> <br />that the county shall pay two fifths (2/5) of these costs. In ctise of any exten- <br /> <br />sive alterations or permanent implcovements to the property, the costs of such <br /> <br />alterations or improvements snall be borne wqually by the City and County. They <br /> <br />City is to pay its share of the insurance on these buildings in the same proportion <br /> <br />as other operating expenses. The County is to pay its share of water taxes in <br /> <br />the same proportion as the other operating costs. Said water tax is to be at the <br /> <br />rate of one hundred dollars ($100.00) per annlim for the terms of this contract. <br /> <br />This agreement shall be effective and retroactive as of September 1st, 1923, <br /> <br />and shall continue to operate for a period of rive years and thereafter until can- <br /> <br />celled as herein provided. After the five year period either the Board of Super - <br /> <br />Visors of the Jounty or the Council of the City upon sixty days notice may terminate <br /> <br />this agreement. <br /> <br />In testimony whereof, J.M. Fray Chaixman of the Board of Supervisors of <br /> <br />Albemarle County, has executed this contract on behalf of said County, the seal of <br /> <br />said County having been duly affixed hereto and attested by W.L. Maupin its Clerk, <br /> <br />and the City of Charlottesville has caused its name to be signed hereto by <br /> <br />H. A. Haden, its mayor and the Corporate seal hereunto affixed and attested by <br /> <br />BOARD OF SUPERVIORS OF ALBEMARLE COUNTY <br />