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Agenda - 06-16-20; 8-e - Approval of Two Contracts Associated with the State of North Carolina’s “Building Reuse Grant” Incentive to ABB, Inc.
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Agenda - 06-16-20; 8-e - Approval of Two Contracts Associated with the State of North Carolina’s “Building Reuse Grant” Incentive to ABB, Inc.
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BOCC
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6/16/2020
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Agenda
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8-e
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Agenda 06-16-20 Virtual Business Meeting
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\Board of County Commissioners\BOCC Agendas\2020's\2020\Agenda - 06-16-20 Virtual Business Meeting
Minutes 06-16-2020 Virtual Business Meeting
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\Board of County Commissioners\Minutes - Approved\2020's\2020
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<br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />May 4, 2020 <br /> <br />The Honorable Penny Rich <br />Chair <br />Orange County <br />PO Box 8181 <br />Hillsborough, NC 27278-8181 <br /> <br />Re: Contract Agreement for Grant Number 2020-025-3201-2587; Your Signature and Reply is Requested <br /> Project Title: “ABB, Inc/Project Clear Blue Sky” – Revision #3 <br /> <br />Dear Chair Rich: <br /> <br />Enclosed for your review and signature is a complete set of contract documents required to finalize the grant award <br />from the North Carolina Rural Infrastructure Authority. Below is a description of the documents enclosed along with <br />an explanation of the signatures required for each document. <br /> <br />Execute these documents, scan a quality copy and return to my attention at rgpreports@nccommerce.com. If you <br />have any questions or if I can be of any assistance, please contact me at (919) 814-4671 or <br />nichole.gross@nccommerce.com . <br /> <br /> <br /> <br /> <br />Sincerely, <br /> <br /> <br />Nichole M. Gross <br />Grant Manager <br /> <br />Enclosure <br /> <br />Document: Document Description: Signed By: <br />Grant <br />Agreement <br />Contract: Outlines the terms of Grant Agreement between the Department of <br />Commerce and the Unit of Local Government. <br />Highest Elected Official - <br />Unit of Local Government <br />Exhibit A Scope of Services: Outlines the scope of the renovation/construction project. No Signature Required <br />Exhibit B Payment Schedule: Outlines the process for the Unit of Local Government to request <br />reimbursements from Department of Commerce. <br />No Signature Required <br />Exhibit C Reporting Schedule: Outlines the schedule of reports that are due from the Unit of <br />Local Government to the Department of Commerce and when they are due. <br />No Signature Required <br />Exhibit D Closeout/Job Requirements: Outlines the process for the Unit of Local Government to <br />report the creation and maintenance of jobs to the Department of Commerce. <br />No Signature Required <br />Exhibit E Legally Binding Commitment (LBC): Outlines terms and conditions of the Loan. Highest Elected Official - <br />Unit of Local Government <br />and Legal Property Owner <br />listed on the Deed. <br />Exhibit F Promissory Note: Defines the repayment terms of the Loan in the event of default. Legal Property Owner listed <br />on the Deed. <br />Exhibit G Limited Waiver of Confidentiality: Contains employment information reported to the <br />Department of Commerce’s Division of Employment Security. <br />Each Business involved in <br />the project. <br />Exhibit H Deed of Trust Documentation Highest Elected Official – <br />Unit of Local Government <br />7
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