Orange County NC Website
kind property that is eligible for assistance within the scope of the Project that <br />provided Federal /State assistance for the Project property prematurely <br />withdrawn from use; or <br />2. Returning to the Department an amount equal to the remaining Federal and <br />State interest in the withdrawn Project property. <br />j. Insurance Proceeds. If the Grantee receives insurance proceeds as a result of damage or <br />destruction to the Project property, the Grantee agrees to: <br />(1) Apply those insurance proceeds to the cost of replacing the damaged or destroyed Project <br />property taken out of service, or <br />(2) Return to the Department an amount equal to the remaining Federal and State interest in <br />the damaged or destroyed Project property. <br />k. Transportation - Hazardous Materials. The Grantee agrees to comply with applicable requirements <br />of U.S. Pipeline and Hazardous Materials Safety Administration regulations, "Shippers - General <br />Requirements for Shipments and Packaging," 49 C.F.R. Part 173, in connection with the <br />transportation of any hazardous materials. <br />I. Misused or Damaged Project Property. If any damage to Project property results from abuse or <br />misuse occurring with the Grantee 's knowledge and consent, the Grantee agrees to restore the <br />Project property to its original condition or refund the value of the Federal and State interest in that <br />property, as the Department may require. <br />M. Responsibilities after Project Closeout. The Grantee agrees that Project closeout by the <br />Department will not change the Grantee's Project property management responsibilities as stated <br />in Section 14 of this Agreement, and as may be set forth in subsequent Federal and State laws, <br />regulations, and directives, except to the extent the Department determines otherwise in writing. <br />Section 18. Insurance. The Grantee shall be responsible for protecting the state and /or federal financial <br />interest in the facility construction /renovation and equipment purchased under this Agreement throughout <br />the useful life. The Grantee shall provide, as frequently and in such manner as the Department may <br />require, written documentation that the facility and equipment are insured against loss in an amount equal <br />to or greater than the state and /or federal share of the real value of the facility or equipment. Failure of <br />the Grantee to provide adequate insurance shall be considered a breach of contract and, after notification <br />may result in termination of this Agreement. In addition, other insurance requirements may apply. The <br />Grantee agrees as follows: <br />a. Minimum Requirements. At a minimum, the Grantee agrees to comply with the insurance <br />requirements normally imposed by North Carolina State and local laws, regulations, and <br />ordinances, except to the extent that the Department determines otherwise in writing. <br />b. Flood Hazards. To the extent applicable, the Grantee agrees to comply with the flood insurance <br />purchase provisions of Section 102(a) of the Flood Disaster Protection Act of 1973, 42 U.S.C. § <br />4012a(a), with respect to any Project activity involving construction or an acquisition having an <br />insurable cost of $10,000 or more. <br />Section 19. Relocation. When relocation of individuals or businesses is required, the Grantee agrees <br />as follows: <br />a. Relocation Protections. The Grantee agrees to comply with 49 U.S.C. § 5324(a), which requires <br />compliance with the Uniform Relocation Assistance and Real Property Acquisition Policies Act of <br />1970, as amended, 42 U.S.C. §§ 4601 et seq.; and U.S. DOT regulations, "Uniform Relocation <br />Assistance and Real Property Acquisition for Federal and Federally Assisted Programs," 49 C.F.R. <br />Part 24, which provide for fair and equitable treatment of persons displaced and persons whose <br />property is acquired as a result of Federal and federally assisted programs. [See, new U.S. DOT <br />final rule, "Uniform Relocation Assistance and Real Property Acquisition for Federal and Federally <br />Assisted Programs," 49 C.F.R. Part 24, at 70 Fed. Reg. 590 et seq., January 4, 2005.] These <br />requirements apply to relocation in connection with all interests in real property acquired for the <br />Project regardless of Federal participation in the costs of that real property. <br />b. Nondiscrimination in Housing. In carrying out its responsibilities to provide housing that may be <br />required for compliance with Federal relocation requirements for individuals, the Grantee agrees <br />05/27/2015 Page 25 of 36 <br />