Agenda - 05-03-2005-5d - Laserfiche WebLink

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O, This Agreement shall be construed in accordance with and governed by federal law and by the laws of the State of North Carolina not inconsistent with federal law. Any litigation arising out of this Agreement shall be brought in courts sitting in North Carolina, with venue in Orange County. P. This Agreement shall be amended by mutual agreement of al] parties in writing, Q. OHC and the parties to this agreement are bound by the terms of this Agreement for the purpose of participating in the Federal HOME Program and agree to cooperate to undertake or to assist in undertaking housing assistance activities for the Federal HOME Program, and agree to receive funds as authorized in the Federal Program Regulations, In the event OHC qualifies as a Federal HUD Consortium, the parties of this agreement will consider any additional amendments to the Agreement necessary to apply for' funds under the Federal Program Requirements, R, The County and Towns agree to cooperate in the implementation of the Federal and State Programs and to cooperate in the preparation of the Consolidated Plan in accordance with HUD regulations in 24 CFR Parts 92 and 91, respectively, and the requirements of 24 CFR 92.350 (a)(5). The County and Towns shall execute and submit the required certifications, and shall prepare and submit its plan for monitoring compliance with the Consolidated Plan., S. In accordance with the Act and the Regulations, each member of the Orange County HOME Consortium composed of the County of Orange, the Town of Carrboro, the Town of Chapel Hill, and the Town of Hillsborough, certifies that it will direct its activities to the alleviation of housing problems within Orange County, that it will affirmatively market HOME-assisted housing as defined in Section 92,.351 of the Regulations and will affirmatively further fair housing in accordance with applicable federal and State laws. Section IV. Execution A. The County and Iowns have signed this Agreement, and all governing boards have duly approved this Agreement and pursuant to such approval and the proper officials having signed this Agreement, the parties hereto agree to be bound by the provisions herein set forth. The terms and provisions of this Agreement are authorized by applicable laws and regulations..