Orange County NC Website
DocuSign Envelope ID: C3173F25- 6C4C- 4A24- 903D- 06978EB7C4AE <br />EXHIBIT C <br />Project Budget <br />Site Demolition <br />$ 13,780 <br />Erosion Control <br />$ 26,800 <br />Site Prep and Hardscape <br />$ 318,700 <br />Storm Drainage <br />$ 121,970 <br />Utilities <br />$ 138,300 <br />Landscaping <br />$ 24,500 <br />Site Miscellaneous <br />$ 22,000 <br />Soft Costs <br />$ 247,560 <br />Total $ 913,610 <br />Owner may not request disbursement of funds under this Agreement until the funds are needed <br />for payment of eligible costs. The amount of each request must be limited to eligible costs as <br />determined by the County's Housing and Community Development Department ( "HCD "). <br />No funds may be shifted between projects without the prior approval of the County. Funds may <br />be shifted between line items of the Project without prior approval of the County only to the <br />extent of "Minor Adjustments," defined as action which do not result in a change in the Projects <br />and so long as such Minor Adjustments do not exceed ten percent (10 %) of the line item total <br />from which the funds are being removed or to which the funds are bring added, there is no <br />increase to the Total Renovation Cost specified in the above budget, and there are only minor <br />change to the Plans and Specifications. <br />16 <br />