Orange County NC Website
Browse       Search
020/0? 9 / <br /> MEMORANDUM OF AGREEMENT BETWEEN ORANGE COUNTY, NORTH <br /> CAROLINA AND THE TOWN OF CARRBORO, NORTH CAROLINA <br /> For <br /> REPAIRS TO THE MAIN STREET SEWERLINE <br /> This Memorandum of Agreement ("Agreement") is hereby made and entered into this the <br /> `3�,4 day of 2012, by and between ORANGE COUNTY, hereinafter referred to as <br /> ("County"), and the TOWN OF CARRBORO, hereinafter referred to as ("Town") pursuant to <br /> N.C. Gen. Statute 160A-460 et seq., 158-7.1 and other applicable laws. <br /> WHEREAS, County and Town desire to support local businesses and to further economic <br /> development within Orange County and within the Town of Carrboro; and <br /> WHEREAS, County and Town desire to repair and upgrade the sewerline serving the businesses <br /> located on East Main Street, Carrboro,North Carolina(hereinafter referred to as the "Main Street <br /> Sewerline"); and <br /> WHEREAS, the Town has received a the Community Development Block Grant awarded by the <br /> North Carolina Department of Commerce to fund the repairs to the Main Street Sewerline; and <br /> WHEREAS, the parties desire to enter into this Agreement to supplement the grant and <br /> providing additional funding necessary for completing the construction and repairs to the Main <br /> Street Sewerline; <br /> NOW THEREFORE, the following Agreement is hereby entered into by the County and the <br /> Town. <br /> 1. Funding. The North Carolina Department of Commerce has awarded the Town a <br /> Community Development Block Grant(hereinafter the "Grant") in the amount One Hundred <br /> and Seventy One Thousand and Seven Hundred Dollars ($171,700)to fund the repairs to the <br /> Main Street Sewerline. The Grant is expected to cover 70%of the estimated costs of repair to <br /> the Main Street Sewerline. Town and the County shall each provide one-half of the funding <br /> for the remaining 30% of the estimated costs of repair. County shall reimburse the Town <br /> after construction of the sewerline has been completed and the work has been approved by <br /> the Orange Water and Sewer Authority (OWASA). County's share of the estimated costs of <br /> repair shall not exceed Forty Thousand Dollars ($40,000) and shall be paid out of the quarter <br /> cent sales tax proceeds for FY 2012-13. <br /> 2. Construction and Repairs. Town shall be responsible for the construction of the sewerline <br /> including but not limited to the engineering, bidding, permitting, construction supervision, <br /> and for the providing the necessary connections to the businesses served by the Main Street <br /> Sewerline. The County agrees to cooperate with the Town, as requested to secure the <br /> necessary permits and approvals to complete the repairs. All repairs shall be constructed to <br /> the applicable state and local engineering standards. <br /> 1 <br />