Browse
Search
2012-358 Planning - NC Department of Transportation Grant Agreement (not final)
OrangeCountyNC
>
Board of County Commissioners
>
Contracts and Agreements
>
General Contracts and Agreements
>
2010's
>
2012
>
2012-358 Planning - NC Department of Transportation Grant Agreement (not final)
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
5/24/2018 3:59:14 PM
Creation date
9/27/2012 4:46:31 PM
Metadata
Fields
Template:
Contract
Contract Starting Date
7/1/2012
Contract Ending Date
6/30/2013
Contract Document Type
Grant
Amount
$185,606.00
Document Relationships
2012-358 S Planning - NCDPT NC CTP Administrative Grant $0
(Linked To)
Path:
\Board of County Commissioners\Contracts and Agreements\Contract Routing Sheets\Routing Sheets\2012
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
39
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
f. Title to Vehicles. The Certificate of Title to all vehicles purchased under the <br /> Approved Budget for this Project shall be in the name of the Contractor. The Department's Public <br /> Transportation Division shall be recorded on the Certificate of Title as first lien-holder. In the event of <br /> project termination or breach of contract provisions, the Contractor shall, upon written notification by the <br /> Department, surrender Project equipment and/or transfer the Certificate(s) of Title for Project <br /> equipment to the Department or the Department's designee. <br /> g. Encumbrance of Project Property. The Contractor agrees to maintain satisfactory <br /> continuing control of Project property as follows: <br /> (1) Written Transactions. The Contractor agrees that it will not execute any <br /> transfer of title, lease, lien, pledge, mortgage, encumbrance, third party <br /> contract, subagreement, grant anticipation note, alienation, innovative finance <br /> arrangement (such as a cross border lease, leveraged lease, or otherwise), <br /> or any other obligation pertaining to Project property, that in any way would <br /> affect the continuing Federal and State interest in that Project property. <br /> (2) Oral Transactions. The Contractor agrees that it will not obligate itself in any <br /> manner to any third party with respect to Project property. <br /> (3) Other Actions. The Contractor agrees that it will not take any action adversely <br /> affecting the Federal and State interest in or impair the Contractor's <br /> continuing control of the use of Project property. <br /> h. Transfer of Project Property. The Contractor understands and agrees as follows: <br /> (1) Contractor Request. The Contractor may transfer any Project property <br /> financed with Federal assistance authorized under 49 U.S.C. chapter 53 to a <br /> local governmental authority to be used for any public purpose with no further <br /> obligation to the Federal Government, provided the transfer is approved by <br /> the Federal Transit Administrator and conforms with the requirements of 49 <br /> U.S.C. §§ 5334(h)(1)through 5334(h)(3). <br /> (2) Federal/State Government Direction. The Contractor agrees that the Federal <br /> or State Government may direct the disposition of, and even require the <br /> Contractor to transfer title to any Project property financed with Federal/State <br /> assistance under this Agreement. <br /> (3) Leasing Project Property to Another Party. <br /> (a) General. Prior to entering into any third party contract for leasing <br /> Project property to another party, the Contractor agrees to obtain <br /> approval from the Department. If the Contractor leases any Project <br /> property to another party, the Contractor agrees to retain ownership of <br /> the leased Project property, and assure that the lessee will use the <br /> Project property appropriately, through a written lease between the <br /> Contractor and lessee. The Contractor agrees to use the standard <br /> lease agreement form provided by the Department and to provide a <br /> copy of the signed, executed lease agreement to the Department. In <br /> accordance with Subsection 5g of this Agreement, regardless of <br /> assignment of work to be completed under this Project or lease of <br /> Project assets to a third party, it is the Contractor's primary <br /> responsibility to comply with Federal and State requirements of this <br /> Agreement and assure the compliance of any third party contractors. <br /> Updated 3/07/12 Page 22 of 37 <br />
The URL can be used to link to this page
Your browser does not support the video tag.