Orange County NC Website
OCEDaedga July 2015 <br /> <br />ORANGE COUNTY ECONOMIC DEVELOPMENT <br />AGRICULTURAL ECONOMIC DEVELOPMENTGRANT AGREEMENT <br />THIS AGREEMENT, entered into this _3_day of _December, 2015, by and between Orange County <br />(“County”), by and through Orange County Economic Development (“Economic Development”) and <br />_Susan Laswell (“Grant Recipient”). <br />WHEREAS, Economic Development is a County department that aids existing business investment and <br />early-stage venture growth, assists local agriculture and local food systems, and supports entrepreneurial <br />development; and, <br />WHEREAS, Grant Recipient has a project to expand their Orange County business; and, <br />WHEREAS, the Grant Recipient was selected to receive the Orange County Agricultural Economic <br />DevelopmentGrant through the procedures duly adopted by Economic Development; and, <br />NOW THEREFORE, the County and the Grant Recipient, for the consideration and under the conditions <br />hereinafter set forth, agree as follows: <br />1.Approved Grant.Grant funds are provided for the project (“Project”) described in the Grant Recipient’s <br />Grant Application(“Application”),dated __10/31/15__and incorporated by reference, subject to this <br />Agreement, the Agricultural Economic Development Grant Program Guidelines (“Guidelines”), attached as <br />Exhibit A and any additional terms imposed on the Grant Recipient (“Additional Terms”) attached as <br />Exhibit B, in that order of priority. <br />2.Grant Award. Grant funds in an amount of_OneThousand_ dollars ($1,000.00) have been awarded by <br />the Grant Subcommittee described in Exhibit A (“Subcommittee”)and shall be released to the Grant <br />Recipient for the approved Project.The grant cannot be assigned or transferred without prior written <br />approval. <br />3.Responsibilities of the Grant Recipient <br />A.Implementation. The Projectshall be implemented in the manner described in the Application.Time is <br />of the essence in the implementation of the Project. <br />B.Use of Funds. Grant recipient shall not use the grant funds for any of the prohibited purposes described <br />in the Guidelines. The grant shall be utilized solely for its intended use, as detailed in the Application, <br />and subject to the Additional Terms. <br /> <br />4.Indemnity. The Grant Recipient agrees to indemnify and hold harmless the County and Economic <br />Development and their officers and employees from any and all claims of actual injury, damage or loss to a <br />person, or real or personal property that results from or is in any way connected to the use of the grant <br />funds. <br />5.Termination. <br />A.In the event of any of the circumstances set forth below (hereinafter referred to as “default”), the <br />Subcommittee may immediately terminate this Agreement: <br />DocuSign Envelope ID: A61F13B3-D4A4-4A4C-872D-5648F7AD948D