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Attachment 1 4 <br />STATE OF NORTH CAROLINA <br />DEPARTMENT OF ENVIRONMENT AND NATURAL RESOURCES <br />DIVISION OF WATER INFRASTRUCTRE <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 Standard Conditions and Assurances <br />Legal Name and Address of Award Recipient <br />Orange County <br />P.O. Box 8181 <br />Hillsborough, NC 27278 <br />State Project Number: E- SRF -T -13 -0336 <br />Federal Project Number: CS370884 -02 <br />CFDA Number: 66.458 <br />Project Description: <br />McGowan Creek Interceptor Project <br />Account <br />Date <br />Clean Water State Revolving Fund (SRF) <br />Original <br />State General Loan (SRL) <br />❑ <br />State Emergency Loan (SEL) <br />❑ <br />High Unit Cost Grant (SRG) <br />❑ <br />Technical Assistance Grant <br />❑ <br />Amendment <br />Date <br />Additional Amount <br />Original <br />1 -16 -2013 <br />$755,450 <br />1 <br />2 <br />Total Financial Assistance Offer: <br />Principal Forgiveness: <br />Total Project Cost: <br />Interest Rate: <br />Maximum Loan Term: <br />Estimated 2% Closing Fee: <br />1,165,53 <br />$0 <br />$1,165,534 <br />2% Per Annum <br />20 Years <br />$23,311 <br />Consideration having been given by the Department of Environment and Natural Resources to the application <br />submitted by the applicant pursuant to North Carolina General Statute 159G, (1) the applicant 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 by the Department of Environment and Natural Resources as being entitled to priority for <br />State financial assistance, <br />The Department of Environment and Natural Resources, acting on behalf of the State of North Carolina, hereby <br />offers the financial assistance described in this document. <br />For The State of Noob Carolin John E. Skvarla, III, Secretary <br />North Carolina Department of Environment & Natural Resources <br />.._ �®y .......................... <br />Signatu a Date <br />On Behalf of: County of Orange <br />Name of Representative in Resolution: <br />Title (Type or Print): <br />I, the undersigned, being duly authorized to take such action, as evidenced by the attached CERTIFIED COPY OF <br />AUTHORIZATION BY THE APPLICANT'S GOVERNING BODY, do hereby accept this State Loan or Grant offer and <br />make the assurances and accept the conditions. <br />----------------------------------------------------------- - - - - -- --- - - - - -- --------------------------------------------- - - - - -- <br />Signature Date <br />