Orange County NC Website
K <br />Attachment A <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 />`,day of(��tb_er, 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 />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 />