Orange County NC Website
<br />G. "Federal Program Requirements" means documents issued by the U.S, Department of <br />Housing and Urban Development describing the regulations and requirements of the <br />HOME Program in order for funds to be awarded to participating jurisdictions as <br />authorized in the Act. <br />Section IL Purpose <br />This Agreement is to form a Consortium of units of general local government within Orange <br />County for designation as a Federal HUD Consortium under the Act and the Federal Program <br />Requirements of the Act. The said Consortium is known and' hereinafter may be referred to as <br />the Orange County HOME Consortium thereinafter "OHC"}:.. <br />... <br />.:. ... <br />,Section III. Agreement. :.:: <br />A. The term of this Agreement begins wi~~~ 'the effective date of July .~, .~O.II. -Subject to <br />the requirements of Paragraph E of this Section, the County and.=;Towns agree that the <br />terms of this Agreement cover the period, necessary to carry out all ,,activities that will <br />be funded by the federal Hl1~VlE Investtr ent:~'Partnership Program to the grange <br />County HDIVIE Consortium :, The Agreemenl`remains in effect until all H4M.E funded <br />activities are complete and dosed out pursuant to 2~ CFR 9Z.5o7. <br />B. Unless otherwise terminated .b:~ agree~ent in wrrtrng~ of all parties hereto or by <br />termination of ,~t~e``~H+~ME program by~~UD, thzs agreement shall automaticarly he <br />renewed for~successi~eahree-year:quali~catior~::,~eriods under the same terms and <br />conditions::: The parties agree that theLead Entity ~vill notify each consortium member <br />in the Right Not to.Particpate .Notice if ;there are any amendments that will be required <br />. , se. changes, would..t.elude, but not be limited to, changes to the <br />g The <br />to the~A regiment. ..: ...,~ <br />man' Bement ~process~~oting, distribution of funds, or other administrative matters. <br />a <br />~~y consortium~'memb~rshall have the right to withdraw from the consortium at the <br />begxnn~n o an renewal period:.by giving notice in writing to the Lead .Entity and all <br />~~ g f y <br />other consortium metribers at east 6o days prior to the date that this Agreement would <br />otherwise `automatically: rene~v:~ For each renewal period, the Lead Entity shall, by the <br />date spec~ed~ in HUD's:: consortia designation notices, notify each of the consortium <br />members in writing ots right not to participate for that renewal period and shall <br />provide copies of al~~;such notifications to HUD. <br />C. The OHC Program Review Committee is authorized to provide policy oversight for <br />planning, operations, and evaluation of OHC and the HOME Program. The Manager or <br />hislher designee from each participating unit of local government and one ~ ~ } elected <br />off cial from each jurisdiction shall be a member. Consistent with the commitment of <br />the members of the ~HC to establish a collaborative, deliberative, and inclusive <br />process for making decisions under this Agreement, at least one representative from <br />each of the local governments comprising the OHC must be present r'n order to hold an <br />ofjrcial meeting of the ~HCProgram .Review Committee. <br /> <br />