Orange County NC Website
Rev August 8, 2018 <br />repayments of any funds deemed to be expended in an ineligible manner. This Agreement <br />may be terminated for convenience accordance with 24 CFR 85.44. <br /> <br />F. Books and Records. Rebuilding Together shall maintain records of its grant requirements <br />under this contract for a period of not less than five (5) full fiscal years following the contract <br />completion date. <br /> <br />1. Rebuilding Together shall ensure access to records and financial statements, as <br />necessary, to provide effective monitoring and evaluation of project performance. <br />Additionally, Rebuilding Together shall submit a copy of its annual audit to the <br />County. <br /> <br />2. Upon reasonable advance notice, County or its authorized representatives may from <br />time to time inspect, audit, and make copies of any of Rebuilding Together records <br />that relate to this contract. If any audit by County discloses that payments to <br />Rebuilding Together were in excess of the amount to which Rebuilding Together was <br />entitled under this contract, Rebuilding Together shall promptly pay to County the <br />amount of such excess. If the excess is greater than 1% of the contract amount, <br />Rebuilding Together shall also reimburse County its reasonable costs incurred in <br />performing the audit. <br /> <br />3. Rebuilding Together shall maintain files of all homebuyers, regardless of length of <br />occupancy, residing in assisted units. Documentation shall verify eligibility for <br />federal assisted housing at the point of initial purchase. Information maintained <br />shall include: tenant income level; name of family members; ethnic data; family type <br />– e.g. female head of household; disability status; and monthly rent. <br /> <br />4. Rebuilding Together shall maintain records verifying the affordability of the dwelling <br />units. <br /> <br />G. Notices. Any Notice shall be in writing and shall be given by depositing the same in the <br />United States mail, post-paid and registered or certified, and addressed to the party to be <br />notified, with return-receipt requested, or by delivering the same in person to an officer or <br />principal of such party. Notice deposited in the mail in the manner here in above described <br />shall be effective upon mailing. For purposes of Notice, the addresses of the parties shall, <br />unless changed as hereinafter provided, be as follows: <br /> <br /> <br />1. To the County: Orange County <br />c/o Housing and Community Development Department <br /> P.O. Box 8181 <br /> Hillsborough, NC 27278 <br /> ATTN: Director <br /> <br />2. To Rebuilding Together: Rebuilding Together for the Triangle, Inc. <br /> 324 S. Wilmington Street #118 <br />DocuSign Envelope ID: 62EC95C2-2AA8-49D7-B576-F94193C9DB65