Agenda - 11-13-2018 6-c - Triangle Water Supply Partnership Memorandum of Agreement

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Memorandum of Agreement Triangle Water Supply Partnership August 7, 2018 Page 9 of 35 ii) Invoice Members for Dues by June 1 each year for the upcoming fiscal year. iii) Receive Dues and notify the Chair monthly of any nonpayment issues. iv) Hold Partnership Operating Fund monies (“Funds”) in a restricted account, to be used solely at the request of the Partnership, for the Partnership’s activities. v) Disburse Funds only as specifically budgeted in support of the Partnership’s General Activities, Projects, and Special Projects. vi) Provide balance and disbursement summaries for the Partnership’s account(s) at least annually or at more frequent intervals as requested by the Chair or by any Representative. vii) Maintain such books, records, and systems of accounts so that the expenditures of Funds are accounted for as expended on the Partnership’s General Activities, Projects, and Special Projects as budgeted and reported in the Partnership Operating Funds and shall provide same to any Participant within thirty (30) days of request. viii) If the source of funds for any Project Contract is federal funds, comply with the following federal provisions pursuant to 2 C.F.R. § 200.326 and 2 C.F.R. Part 200, Appendix II (as applicable), unless a more stringent state or local law or regulation is applicable: Equal Employment Opportunity (41 C.F.R. Part 60); Davis-Bacon Act (40 U.S.C. 3141-3148); Copeland “Anti- Kickback” Act (40 U.S.C. 3145); Contract Work Hours and Safety Standards Act (40 U.S.C. 3701-3708); Clean Air Act (42 U.S.C. 7401-7671q.) and the Federal Water Pollution Control Act (33 U.S.C. 1251-1387); Debarment and Suspension (Executive Orders 12549 and 12689); Byrd Anti-Lobbying Amendment (31 U.S.C. 1352); Procurement of Recovered Materials (2 C.F.R. § 200.322); and Record Retention Requirements (2 CFR § 200.324). 11) Partnership Activities: a) The Partnership’s General Activities will include, but not be limited to: i) Identifying and implementing Projects that further the Partnership’s objectives; ii) Overseeing a Partnership Operating Fund to help implement Projects; iii) Developing and maintaining a 5-Year Project and Funding Plan which includes a running 5-year plan of Projects including annual target Fund balances, annual spending and revenue amounts, and a Participant dues contribution schedule to fund Projects; iv) Managing Projects through appropriate contractual agreements; v) Coordinating with appropriate resource agencies and other interested parties; and 13