Orange County NC Website
2005.] These requirements apply to all interests in real property acquired for Project purposes <br /> regardless of Federal participation in the cost of that real property. <br /> b. Covenant Assurinq Nondiscrimination. The Contractor agrees to include a covenant <br /> in the title of the real property acquired for the Project to assure nondiscrimination during the useful life <br /> of the Project. <br /> C. Recording Title to Real Property. To the extent required by FTA and the <br /> Department, the Contractor agrees to record the Federal and/or State's interest in title to real property <br /> used in connection with the Project and/or execute at the request of the Department any instrument or <br /> documents evidencing or related to the State's interest in the Project's property. <br /> (1) As a condition of its participation in a Facility Project, the Department will retain a <br /> secured interest in the Project for the estimated life of the Project, expected to be <br /> forty (40) years, following completion of the Project; or the prorated share of the <br /> original investment or current fair market value (the higher value of the two); <br /> whichever comes first. <br /> d. Department Approval of Changes in Real Property Ownership. The Contractor <br /> agrees that it will not dispose of, modify the use of, or change the terms of the real property title, or <br /> other interest in the site and facilities used in the Project without prior written permission and <br /> instructions from the Department. <br /> e. Disposal of Real Property. <br /> (1) If useful life is not attained, upon the sale or disposition of any Project <br /> facility, the Department shall be entitled to a refund of the original state <br /> and/or federal investment or the state and/or federal prorated share of the <br /> current fair market value of the project facility, whichever is greater. <br /> (2) For the purpose of this Agreement, the term "any sale or disposition of the <br /> Project facility" shall mean any sale or disposition of the facility for a use <br /> not consistent with purposes for which the state and/or federal share was <br /> originally granted pursuant to the Project Agreement, or for a use <br /> consistent with such purposes wherein the transferee in the sale or <br /> disposition does not enter into an assignment and assumption agreement <br /> with the Contractor with respect to the Contractor's obligation under this <br /> Agreement or the Grant Agreement, so that the transferee becomes <br /> obligated as if the transferee had been the original party. <br /> Section 21. Construction. Except to the extent the Department determines otherwise in writing, the <br /> Contractor agrees as follows: <br /> a. Drafting, Review, and Approval of Construction Plans and Specifications. The <br /> Contractor agrees to submit drawings, designs, and/or description of work for construction, renovation, <br /> or facility improvement projects, including the purchase or construction of bus shelters to the <br /> Department for its review and approval prior to solicitation. <br /> b. MBE/WBE/DBE Participation. The Contractor agrees to record and report Minority- <br /> owned Business good faith efforts in accordance with N.C.G.S. 143-128.2(f). <br /> C. Supervision of Construction. The Contractor agrees to provide and maintain <br /> competent and adequate engineering supervision at the construction site to ensure that the complete <br /> work conforms to the approved plans and specifications. <br /> d. Construction Reports. The Contractor agrees to provide progress reports and other <br /> data and information as may be required by the Department. <br /> e. Project Management for Major Capital Projects. To the extent applicable, the <br /> Contractor agrees to comply with FTA regulations, "Project Management Oversight," 49 C.F.R. Part <br /> 633, and any subsequent Project Management Oversight regulations FTA may issue. <br /> f. Seismic Safety. The Contractor agrees to comply with the Earthquake Hazards <br /> Reduction Act of 1977, as amended, 42 U.S.C. §§ 7701 et seq., with Executive Order No. 12699, <br /> "Seismic Safety of Federal and Federally-Assisted or Regulated New Building Construction," 42 U.S.C. <br /> Revised 4/22/14 Page 26 of 36 <br />