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STATE- <br /> 2 <br /> State of North Carolina <br /> Department of the Secretary of State <br /> RUFUS L EDMISTEN <br /> SECRETARY OF STATE September 1, 1994 <br /> RICHARD N.CARLTON <br /> CHIEF DEPUTY SECRETARY OF STATE <br /> Received <br /> Mr. John M. Link, Jr. <br /> Orange County Manager SEP 011994 <br /> P.O. Box 8181 <br /> Hillsborough, North Carolina 2727 <br /> Managers Office <br /> Dear Mr. Link: <br /> I am pleased to announce that Orange County has been awarded a <br /> matching grant of $5, 000 . 00 under the North Carolina Land <br /> Records Management Program (LRMP) . Your application requesting <br /> funds defined a program of land records improvements that will <br /> benefit the county' s operation and your taxpayers . <br /> With 53 counties requesting grants amounting to over <br /> $2 , 490, 000 . 00 against only $349, 935 . 00 in available <br /> appropriations, it was necessary to scale-down the requests <br /> according to an impartial and equitable formula. The figures <br /> for the recommended grant awards were obtained by prorating the <br /> $349, 935 . 00 among all applicants according to their documented <br /> eligibility for funding over the next fiscal year. In <br /> addition, the amounts thus obtained were modified by the <br /> imposition of a "ceiling" of $13 , 000 . 00 per county and a <br /> "floor" of $2, 500 . 00 or 50% of the project cost, whichever was <br /> less . <br /> Attached are two (2) copies of the LRMP Grant Agreement <br /> covering your grant award to be signed and returned to the Land <br /> Records Management Program office . This Agreement states the <br /> rules and regulations that govern the funding of the state <br /> matching grant for your project . When signed by the proper <br /> county officials and returned to Phillip L. Stanley, Director, <br /> N. C. Land Records Management Division, P.O. Box 27687, <br /> Raleigh, North Carolina 27611, your decision to accept this <br /> grant will be formally recorded. Agreements not signed and <br /> returned by November 1, 1994 will be deemed to have been <br /> declined. <br /> 300 N. SALISBURY STREET, RALEIGH, N.C. 27803-5909 <br />