2008-104 EDC - Small Business & Technology Development Center & NC State Univ

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Fifth, the SBTDC will work actively to increase public awareness of and access to its services throughout the County. A visitation effort will be conducted to acquaint Orange County's employers with services that can assist them with expansion. Efforts will be made to fully involve other agencies and resources such as Chambers of Commerce, SCORE, the loco{ community college, Goodwork, Self Help, and local professional and civic groups. Sixth, the SBTDC will provide technical assistance, business plan and loan package preparation assistance to businesses and individuals preparing to apply for financing from the Orange County Small Business Loan Pool. Seventh, the SBTDC will provide the EDC with a written annual report which will detail the program and service activities of the SBTDC in Orange County for the year. The annual activity and financial report will be submitted by the SBTDC within 90 days of the conclusion of this contract period. The SBTDC also will provide a report of client evaluations of services for the year. Eighth, the SBTDC will make its best good faith effort to continue and/or expand the level of service in Orange County proposed under this agreement beyond the terms of this agreement. Ninth, in return for the foregoing, the County will pay the SBTDC $10,000 in one installment (which may be used to pay for supplies, rent, parking, or any other operating expenses necessary to help keep this SBTDC regional center office in Orange County). The County will make efforts for this payment to be made on or about November 15, 2007, or as soon thereafter as possible. Tenth, the EDC will actively support and promote the programs and services of the SBTDC within Orange County. Eleventh, the Director of the EDC will remain a member of the SBTDC Regional Advisory Board as long as this agreement is in effect. 2009. Twelfth, the term of this agreement will be 1 year beginning July 1, 2008 and ending June 30, Thirteenth, this agreement may be terminated at any time upon the mutual consent of the parties or upon 90 days advance written notice by either party. Fourteenth, the SBTDC authorizes inspection by the Orange County Finance Director or his designee of so much of the books and records of the SBTDC, which document receipt and expenditure of County funds. The books and records of the SBTDC shall be made available to the County Finance Director or his designee upon reasonable notice. Fifteenth, in the event that the SBTDC ceases to function or ceases to provide the services described herein without a County approved written assignment or release by County of its responsibilities, this agreement will terminate and the SBTDC will return any moneys paid the SBTDC pursuant to this agreement. IN WITNESS WHEREOF, Orange County has caused this Agreement to be signed in its name by its County Manager, attested by the clerk to the Board of Commissioners and North Carolina State University acting for and on behalf of its Small Business and Technology Development Center has caused this Agreement to be signed in its name by its Associate Vice Chancellor, Research Administration, and all authority duly given, the day and year first above written.