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Attachment 1 3 <br /> STATE OF NORTH CAROLINA <br /> DEPARTMENT OF ENVIRONMENT AND NATURAL RESOURCES <br /> DIVISION OF WATER I N FRASTRU CTRE <br /> State Loan or Grant Offer and Acceptance <br /> This Offer must be accepted, if at all,within forty-five(45)days of receipt. <br /> This Offer is made subject to the attached aandard Conditions and Assurances <br /> Legal Name and Address of Award Reci pient Aocount <br /> Orange County Clean Water Mate F;bvolving Fund (3:f) <br /> P.O. Box 8181 Mate General Loan (SRI) ❑ <br /> Hillsborough, NC 27278 Mate Emergency Loan (,ql) ❑ <br /> High Unit Cost Grant (SRG) ❑ <br /> Technical Assistance Grant ❑ <br /> State Project Number: E SRF T-13-0336 <br /> Federal Project Number: CS370884-02 Amendment Date Additional Amount <br /> (FDA Number: 66.458 Original 1-16-2013 755,450 <br /> Project Description: 1 <br /> McGowan Creek Interceptor Project 2 <br /> Total Financial Assistance Offer: $774,9 <br /> Principal Forgiveness: $0 <br /> Total Project Cost: $790,402 <br /> Interest Rate: 2%Per Annum <br /> Ma)amum Loan Term: 20 Years <br /> Estimated 2%(losing Fee: $15,498 <br /> Consideration having been given by the Department of Environment and Natural Fiesourcesto the application <br /> submitted bythe applicant pursuant to North Carol i na General Statute 159Q(1)t he appl icant is an eligible unit of <br /> government, (2)the project meets the eligibility criteria for a State Loan or Grant, and (3)the project has been <br /> approved and certified bythe Department of Environment and Natural Fiesources as bei ng ent itled to priority for <br /> State financial assistance, <br /> The Department of Environment and Natural Fsources, acting on behalf of the State of North Carolina, hereby <br /> offers the financial assistance described in this document. <br /> For The State of North Carolina: John E Skvarla, III, Secretary <br /> North Carolina Department of Environment & Natural Resources <br /> --------------------------------------------------------------------------- -------------------------------------------------- <br /> 9gnature Date <br /> On Behalf of: Orange County <br /> Name of Fiepresentative in Fbsolution: <br /> Title(Type or Print): <br /> I,the undersigned, being duly authorized to take such action, asevidenced by the attached CERnFIED ODPYOF <br /> AUTHORZATION BYTHEAPRJCANTSGOVERNING BODY, do hereby accept this State Loan or Grant offer and <br /> make the assurances and accept the conditions. <br /> --------------------------------------------------------------------------- -------------------------------------------------- <br /> 9gnature Date <br />