Orange County NC Website
4 <br /> Project in accordance with the provisions of Se!ion I l above,including but not limited to <br /> loss of other funding.In the evert of any such sig scant change,the Commission <br /> reserves the right to terminate this Aareeanent. <br /> Section IV.Panting. <br /> A. The Commission gram to the Grantee an ammmt not to exceed$479,000 for the Project <br /> to he disbursed as them-ibis'in motion V below. <br /> B. The Grantee represents and warrants that all sums as may be awarded ander this grant <br /> shall be utilized exclusively for the purpose of the Project. <br /> C. ru the event the Grantee or,i[`applicable,any of its Subgrantees breaches any of the <br /> material iems or conditions of this Agreement,the Grantee ngrea5In repay to the <br /> Commission the full amount of sums awarded under this Amnorncart and any interest that <br /> has accauud on that sum. <br /> Section V.Method of Payment. <br /> A. The Corm-mission shall disburse the sum of up to$479,000 in installments reimbursing the <br /> Grantee for amounts spent on or encumbered for the Project. Me Grh n=shall request <br /> payments by submitting a Financial Request Form(Exhibit C)to the Commission no <br /> more frequently than monthly. The Financial Request Form shall certify that the Grantee <br /> has perlimned the work required under the Scope of Services and shall include <br /> documentation of the amounts for which the Grantee requests reimbursement.'llie <br /> Commission shall disburse a check as soon after receivbtg the roqucst for funds as <br /> possible. The Grantee must show in the Commission's satisfaction how this payment has <br /> been used in accomplish the terms of the Agreement before any further funding will be <br /> disbursed pursuant to this Agreement. <br /> B. The Commission shad withhold 5!0 of tlhe total funding or $23,950 to be disbursed upon <br /> the satisfactory conclusion of the Project wlukh eonclusion shall inclade a Final Report as <br /> described in Section VILE below. I the Gratuoe has unspent cost reimbursement funds <br /> remaining at the end of the Project,the Commission may at its election subtract this <br /> • amount iroru the final payment due to the Grantee. • <br /> C. If the Grantee or,if applicable,the Grantee and its Subgrantees,cannot show in the <br /> satisfaction of the Commission that it has or they have spent grant monies to accomplish <br /> the teams of the Agrcomnent,the Commission may decline to disburse money until such a <br /> showing is made. <br /> Section Yt.]ndeeendcnt Sterns of the Peres, <br /> A. The Parties are independent entities and neither this Ageementt nor any provision of it <br /> shall be deemed to create a patanership or joint venture between the Commis:lion and the <br /> Grantee. <br /> R. The Grantee shall net represent k reIfas an agent of the Commission nor is the <br /> A_irocment intended to be construed so as to make the Grantee an;Aunt nh'the <br /> Commission. The Grantee shall not have the ability to bind the Commission to any <br /> agreement for payment of goods or services,nor shall it represent to any person or entity <br /> that it has such ability. <br /> 2 <br /> BOCC Meeting, January 22, 2009, Page 4 /39 <br />