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® THEREFORE, for and in consideration of the sum of <br /> Fifteen Thousand Dollars ($15,000 .00) the Corporation and the <br /> City Council of the City of Batesville, Arkansas agree as <br /> follows: <br /> (1) That the City of Batesville, Arkansas, will pay the <br /> sum of Fifteen Thousand Dollars ($15,000 . 00) to the Corporation <br /> upon the next working day after this agreement has been <br /> ratified by the City Council of Batesville, Arkansas. <br /> (2) That the Corporation will maintain accurate records <br /> which will reflect how said funds are used by said Corporation, <br /> and the Corporation will only use said funds to pay operational <br /> expenses as are required for providing emergency medical <br /> and ambulance services. <br /> (3) The Corporation shall provide ambulance services on <br /> a private enterprise basis to persons in need of such service <br /> in Batesville, Arkansas, for a period of at least ninety (90) <br /> days. In the event the Corporation shall cease to be a non-profi <br /> Corporation or shall cease to provide emergency medical or <br /> ambulance services in Batesville, Arkansas, within said ninety <br /> (90) day period, it shall promptly notify the Mayor of the <br /> City of Batesville, Arkansas, and immediately file with said <br /> Mayor, an accounting which accurately reflects the expenditures <br /> made from said Fifteen Thousand Dollars ($15 ,000. 00) and which <br /> will accurately reflect the balance on hand from said sum of <br /> Fifteen Thousand Dollars ($15,000 . 00) , and shall thereafter <br /> tender the balance of said funds as may be held by the Corporatiol <br /> Oat that time to the Treasurer of the City of Batesville, Arkansas <br /> Further, in the event that the Corporation shall cease to be <br /> a non-profit corporation or shall cease to provide emergency <br /> medical or ambulance services within said ninety (90) day <br /> period, the Corporation does hereby grant unto the City of <br /> Batesville, Arkansas, a lien upon their assets and properties, <br /> which shall remain in full force and effect until the refund <br /> of the balance of said Fifteen Thousand Dollars ($15 , 000 . 00) <br /> has been appropriately tendered as set forth herein. <br />