Agenda - 10-11-2012 - 2 - Laserfiche WebLink

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10 Attachment 1 NI'VNIORANDUM 0FACREEME1'~ ,r BETWEEN ORANGE, COUNTY, NORTtl CAROLINA AND THE TOWN OF CAPda,0110, NORTH CAROLINA For REPAIRS TO THE MA,IN STREET SEWERLINE This Meniorandurn of Agreement ("Agreement") is hereby, made and entered into this the day of . ..... . ............. 20 12, by and between ORANGE COUNTY, bereinafler referred to as ("County"), and the TOWN 01"CARRBOIZO, hereinafter referred, to as ("Town"') pursuant to N.C. Gen. Statute .160.A.460 et, se q, 158-7.1 and other applicable laws, WHEREAS, County and Toy )m desire to support local businesses and to further economic developmettt,Aithin Orange County and within the Town, of Carrboro; and WHEREAS, County and Town desire to repair and upgrade the sewerline serving the businesses ,located on East Main Street, Carrboro, North Carolina (here inafter referred to as the "Main Street Sewerline"); and WHEIIZE'AS, the Town has received are the Community Development Block Grant awarded by the North Carolina Department of Commerce to fund the repairs to the Main Strwt SeWOrlin.e; and WHEREAS, the parties desire, to cntcr into this Agreement to StIpplenlent the grant and providing additional ending; necessam. for completing the construction and repairs to the Main Street Sewerline-, NOW THEREFORE, the following Agreement is hereby entered into by the County and the Town. l µ Fundin , The North, Carolina Department of Commerce has awarded the Town a - n6l Community Development Block Grant (hereinafter the "Grant") ire, amount One Hundred and Seventy One'l"housandand. Seven 1-1undred Dollars ($171,700) to fund tho repairs to the Main Street Sewertine.1-he Grant is expected to cover 70% of the estimated costs of repair to the Main Street SeWerline, Town, and the County shall each provide erne -Kalf of the funding For the remaining 3 0% of the estimated (x)sts, of repair, County" shall reimburse the Town after construction of the sewerline has been completed and the work has been approved by the Orange Water and Sewer Authority (OWASA). County"s share of the estimated costs of repair shall not exceed Forty Thousand Dollars ($40,000) and shall be Paid, out of the quxter cent sales tax proceeds for FY 20,12-13, 2. Construction anal Rqpairs. Town shall be responsible for the construction of the sewerline including but not limited to the engineering, bidding, pen-nitting, construction supervision, and ('or the providingthe necessary connections to the businesses served by the plain Street Sewer] ine., The County agrees to cooperate with the Town, as requested to .secure the necessary permits, and approvals to complete the repairs. All repair's iha.11 be constructed to the applicable state and local engineering standards.