Orange County NC Website
TRIANGLE AREA WATER SUPPLY MONITORING PROJECT <br /> INTERLOCAL AGREEMENT <br /> Participants' local annual costs will be determined on or before March 1 preceding each local <br /> fiscal cycle for which funds are to be budgeted. Annual local costs will be payable on or before <br /> August 31St of the fiscal year for which they are budgeted. Payments will be made to the <br /> Managing Agent as herein designated. Failure to pay by August 31" will result in accrual of <br /> interest beginning September 1 at a rate of 3/4 of one percent per month (9% annual; over and <br /> above any limits on annual local costs). <br /> Section 4. Terms of Agreement <br /> A. This agreement shall become effective July 1, 2017, and shall continue until the <br /> completion of the Monitoring Project, or until June 30, 2022, whichever is earlier, unless <br /> otherwise extended. <br /> B. Participants may withdraw from, or additional units of local government may join, this <br /> Agreement, effective July 1 of any year, provided they have given formal written notice <br /> to the Monitoring Project Committee Chair and the Managing Agent by February 1 of <br /> that calendar year. Written notice of withdrawal is deemed sufficient only if it is signed <br /> by a person in the same position as had signed this Agreement. Any Participant wishing <br /> to withdraw from the Monitoring Project that has not provided a formal written notice to <br /> withdraw by March of that calendar year will be legally required to pay its agreed upon <br /> cost share as described in Attachment B. <br /> C. All matters relating to this Agreement shall be governed by the laws of the State of North <br /> Carolina, and venue for any action relating to this Agreement shall be performed in the <br /> Wake County Civil Superior Court or the United States District Court for the Eastern <br /> District of North Carolina, Western Division. <br /> D. In consideration of the signing of this Agreement, the parties hereto for themselves, their <br /> agents, officials, and employees and servants agree not to discriminate on any prohibited <br /> basis. <br /> E. The parties agree that this Agreement is subject to the E-Verify requirements of Article 2 <br /> of Chapter 64 of the North Carolina General Statutes and any contractor or subcontractor <br /> performing services because of this Agreement shall be required to comply with the <br /> requirements of Article 2 of Chapter 64 of the North Carolina General Statutes. <br /> F. The parties by executing this Agreement certify that as of the date of this Agreement they <br /> are not on the Final Divestment List as created by the State Treasurer pursuant to North <br /> Carolina General Statute 147-86.58 and they are in compliance with the requirements of <br /> the Iran Divestment Act and North Carolina General Statute 147-86.59. They shall not <br /> utilize in the performance of this Agreement any subcontractor that is identified on the <br /> Final Divestment List. <br /> G. This Agreement may only be amended in writing and signed by all parties. <br />