Orange County NC Website
4. SCHOOL BOARD'S AND COUNTY'S RIGHT TO ENFORCE <br />CONTRACTS. <br />For so long as the School Board is not in default of any of the provisions of this <br />Agreement, the School Board has the right to enforce in its own name or in the County's name <br />purchase orders or contracts entered in the County's name or' the School Board's name for the <br />Project; provided, however, that if the School Board is in default of any provision of this <br />Agreement for a period of thirty days after being notified by the County of such default without <br />cure, the County has the right to terminate this Agreement with respect to the Project and assume <br />all the School Board's responsibilities for the Project, <br />In the event of such a termination of this Agreement with respect to the Project, the <br />School Board will assign to the County any and all right, title and interest to any and all contracts <br />relating to the Project, including but not limited to any architect agreement(s), any and all <br />engineering agreements, any and all construction agreements, and any and all plans, <br />specifications and other drawings or documents prepared or to be prepared for the Project. The <br />School Boazd agrees to reimburse the County for any and all costs, expenses, and damages <br />incurred by the County in the assumption of the rights and responsibilities of the School Board <br />due to such event of default without cure, and to the extent permitted bylaw, to indemnify and <br />hold the County harmless for any and all claims for' damages by others related to such event of <br />default without cure. <br />The request(s) for proposals and/or request(s) for bids for the Project improvements shall <br />identify the County's interest in the Project and shall require that all wazranties associated with <br />the Project improvements, express or implied, will be enforceable by the County, the School <br />Board or both, without regard to whether the construction contracts are between the construction <br />contractor and the County, the construction contractor and the School Board or the construction <br />contractor and the County and the School Board. <br />5. PROJECT FUND DISBURSEMENTS. <br />Amounts will be disbursed by the County to the School Board for Project costs only upon <br />the County's receipt of a requisition, signed by a School Board representative with authority to <br />do so, in the form prescribed by the County which makes certain representations, designates the <br />payee and provides evidence that payment is due (such as an architect's payment certification). <br />The County has the right to obtain such additional evidence as it deems appropriate to determine <br />the accuracy of the representations set forth in the form of requisition and the propriety of <br />payment. The School Board will provide the County with such information in the School Board's <br />possession as the County may request.. <br />6. APPLICATION OF CASUALTY INSURANCE PROCEEDS. <br />Notwithstanding any provision of this Agreement, the County retains the sole power to <br />control and direct the application and distribution of proceeds of casualty insurance applicable to <br />the Project improvements. <br />