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DocuSign Envelope ID: 7C3119A7- D81B- 45AB- 993C- 13CE5D767031 <br />NORTH CAROLINA <br />ORANGE COUNTY <br />AFFORDABLE HOUSING LAND <br />BANKING /MANUFACTURED HOME <br />PARK INITIATIVE DEVELOPMENT <br />AGREEMENT <br />This is an AGREEMENT between Orange County, a general local governmental unit of <br />the State of North Carolina, (hereinafter referred to as the "County ") and Empowerment, Inc., a <br />North Carolina Non - Profit Corporation (hereinafter referred to as "Owner" or "Empowerment "). <br />The effective date of this Agreement is March 23, 2018. <br />WITNESSTH <br />WHEREAS, the County, has set aside funds for mitigating resident displacement and <br />relocation challenges due to manufactured home park closures and redevelopment efforts; and <br />WHEREAS, the Orange County Board of Commissioners awarded Empowerment, Inc. <br />up to $ 280,600 to assist in the provision of relocation coordination services, including securing <br />new or near -new manufactured homes and associated rental lots on March 20, 2018 (hereinafter <br />"Project Funds "); and; <br />WHEREAS, Empowerment agrees to utilize the Project funds for the purpose of <br />providing relocation coordination and other associated services as it relates to manufactured <br />home park closures as identified by Orange County's Housing and Community Development <br />Department. See Exhibit A for the Scope of Services. <br />WHEREAS, notwithstanding any provision of this Agreement, the County and <br />Empowerment hereto agree and acknowledge that this Agreement does not constitute a <br />commitment of funds or site approval, and that such commitment of funds or approval may occur <br />only upon satisfactory completion of an environmental review, as applicable. The parties further <br />agree that the provision of such funds to the project is conditioned on Orange County's <br />determination to proceed with, modify, or cancel the project based on the results of a subsequent <br />environmental review, as applicable. <br />NOW, THEREFORE, in consideration of the mutual covenants, promises, and <br />representations contained herein, it is agreed between the parties hereto as follows: <br />I. USE OF FUNDS <br />A. The Owner shall perform the projects or tasks related to its allocation of funds as <br />provided in Exhibit A, Scope of Services, and within the proposed budget outlined in <br />Exhibit B, Budget and as contained herein. <br />B. The Owner may not request disbursement of funds under this Agreement until the funds <br />are needed for payment of eligible costs except in the case of administrative funds, which <br />1 <br />