Orange County NC Website
4 <br />Fourth, the SBTDC will continue to develop and offer with the EDC and other sponsors a <br />variety of training programs both for small business firms and for those who serve small <br />businesses (such as bankers). These will be scheduled bi-annually throughout the term of this <br />agreement. A specific focus during the term of this contract shall be assistance to female and <br />minority owned businesses. <br />Fifth, the SBTDC will work actively to increase public awareness of and access to its <br />services throughout the County. A visitation effort will be conducted to acquaint Orange <br />County's employers with services that can assist them with expansion. Efforts will be made to <br />fully involve other agencies and resources such as Chambers of Commerce, SCORE, the local <br />community college, Goodwork, Self Help, and local professional and civic groups. <br />Sixth, the SBTDC will provide technical assistance, business plan and loan package <br />preparation assistance to businesses and individuals preparing to apply for financing from the <br />Orange County Small Business Loan Pool. <br />Seventh, the SBTDC will provide the EDC with a written report within 30 days of the close <br />of each quarter. This will detail the program and service activities of the SBTDC in Orange <br />County for the quarter. The SBTDC also will provide a report of client evaluations of services <br />each quarter. <br />Eighth, the SBTDC will make its best good faith effort to continue and/or expand the level <br />of service in Orange County proposed under this agreement beyond the terms of this <br />agreement. <br />Ni <br />nth, in return for the foregoing, the County will pay the SBTDC $10,000 in two $5,000 <br />installments. The first such installment shall be paid on or about January 31, 2007, and the final <br />payment will be paid on or about June 30, 2007. <br />Tenth, the EDC will actively support and promote the programs and services of the <br />SBTDC within Orange County. <br />Eleventh, the Director of the EDC will remain a member of the SBTDC Regional Advisory <br />Board as long as this agreement is in effect. <br />Twelfth, the term of this agreement will be 1 year beginning July 1, 2006 and ending June <br />30, 2007. <br />Thirteenth, this agreement may be terminated at any time upon the mutual consent of the <br />parties or upon 90 days advance written notice by either party. <br />Fourteenth, the SBTDC authorizes inspection by the Orange County Finance Director or <br />his designee of so much of the books and records of the SBTDC, which document receipt and <br />expenditure of County funds. The books and records of the SBTDC shall be made available to <br />the County Finance Director or his designee upon reasonable notice. <br />Fifteenth, in the event that the SBTDC ceases to function or ceases to provide the <br />services described herein without a County approved written assignment or release by County <br />of its responsibilities, this agreement will terminate and- the SBTDC will return any moneys paid <br />the SBTDC pursuant to this agreement.