Orange County NC Website
effective date that is within twelve months of the closing date. For appraisals performed in <br />accordance with the Uniform Appraisal Standards for Federal. Land Acquisitions (UASFLA), the <br />appraiser must have completed training in using the Uniform Appraisal Standards for Federal <br />Land Acquisitions (UASFLA) as well as either eminent domain or conservation easements and <br />have experience in appraising agricultural property with and without conservation easements. <br />For appraisals performed in accordance with the Uniform Standards of Professional Appraisal <br />Practices (USPAP), the appraiser must have completed training in either eminent domain or <br />conservation easements and have experience in appraising agricultural property with and without <br />conservation easements. The Cooperating Entity must make all contributions in accordance with <br />the policies and procedures in the NRCS Conservation Programs Manual, Part 519. <br />VII. PAYMENTS <br />Orange County shall notify the United States when the CCC funds are to be paid. CCC <br />funds shall be paid to Orange County when the United States is provided a copy of the recorded <br />Conservation Easement Deed and Orange County has paid the landowner(s). Where Orange <br />County cannot obtain 100 percent of the funds to be paid at closing to the landowner(s) and <br />requires the United States to make its payment at closing rather than on a reimbursable basis, <br />Orange County may request a waiver for the United States to pay its share of the Conservation <br />Easement purchase at closing. Where a waiver is requested, Orange County shall notify the <br />United States at least 60 days prior to closing, and the United States will make payment to an <br />authorized closing agent via electronic transfer. The closing agent will hold the funds in escrow <br />for a period not to exceed 14 calendar days. Upon receipt of the funds, the closing agent will <br />sign a payment receipt form and return it to the United States. If interest is earned upon CCC <br />funds, the closing agent must return any interest earned to the United States. <br />All Conservation Easement Deeds used by Orange County must be approved by NRCS <br />and the Office of General Counsel (OGC) prior to purchase of the conservation easement. All <br />conservation easement deeds or templates must be submitted to NRCS 90 days before the <br />intended closing date of the first parcel for which the deed will be used. <br />In order to obtain payment of FRPP funds, Orange County will submit Form SF-270 <br />(Request for Advance/Reimbursement of Funds), and the information specified below to the <br />Raleigh NRCS State Office. Prior to submitting the SF-270, Orange County must also request <br />a copy of closing agent requirements from the United States and ensure that the closing agent <br />meets these requirements. Orange County may submit the Form SF-270 prior to closing when a <br />payment is issued at closing, after all the deeds have been recorded and the landowner has been <br />paid, or on a quarterly basis for each quarter that Conservation Easement Deeds have been <br />recorded and the landowner(s) have been paid. <br />At a minimum, the following information shall be included in, or attached to, the SF-270, <br />prior to NRCS accepting the conservation easement and disbursing payment: (1) the name of <br />Orange County; (2) this Cooperative Agreement number; (3) Conservation Easement numbers <br />(if applicable); (4) landowner name; (5) landowner's tax identification number (TIN) or social <br />security number; (6) total amount of dollars paid the landowner for each conservation easement, <br />5 <br />