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Agenda - 12-15-2020; 8-d - Acceptance of N.C. Land and Water Fund Grant – Draper Savage Foundation
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Agenda - 12-15-2020; 8-d - Acceptance of N.C. Land and Water Fund Grant – Draper Savage Foundation
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12/15/2020
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Agenda
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8-d
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Agenda 12-15-2020 Virtual Business Meeting
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13 <br /> NCLWF Grant funds will be paid to Grant Recipient toward the value of the Conservation Easement interest <br /> in the Property(minus any match discounts accounted for in the budget such as from a bargain sale and/or <br /> donated acreage value of the Property) and other items as outlined in the budget and as agreed to in the <br /> terms of this Grant Contract as long as the Conservation Easement purchase occurred or occurs after the <br /> Award Date of the Grant. <br /> Should the total property value as approved by the NC State Property Office be less than budgeted in Exhibit <br /> B,NCLWF will only reimburse in proportion to total matching funds as budgeted in Exhibit B. <br /> Special Conditions (In the case of conflict between these Special Conditions and the General Terms and <br /> Conditions in Exhibit H or any other part of this Contract,these special conditions shall govern and control): <br /> 1. Agree to post signage at public access points, provided by NCLWF or created by Grant Recipient <br /> and approved by NCLWF,acknowledging NCLWF as a funder. <br /> 2. All Property must be restricted by a Conservation Easement or other conservation agreement. <br /> 3. All Conservation Easements and other conservation agreements must be approved by NCLWF <br /> before recordation. <br /> 4. Trails must be implemented according to NCLWF's trail policy. <br /> 5. Projects with more than one parcel must be recombined into one parcel at closing unless doing so <br /> is impracticable. <br /> 6. The landowner will accept the standard reserved rights in the NCLWF Conservation Easement <br /> template for the area encumbered by a Conservation Easement held by the State. <br /> 7. Historic structures and other buildings, agriculture,use of motor vehicles,maintenance of <br /> existing roads,public parking, and portable toilets may be allowed in the area encumbered by a <br /> Conservation Easement held jointly by Orange County and Eno River Association. <br /> Schedule: <br /> 1. The Project must be completed by the Expiration Date. The Fund will not reimburse the Grant <br /> Recipient for costs incurred after the Expiration Date. <br /> 2. Submit all invoices and final reports by the Reimbursement Date. The Fund will not accept or <br /> process invoices received after the Reimbursement Date. <br /> Orange County,North Carolina(NCLWF 2020-048 Moorefields Estate) <br /> Final—November 30,2020 Page 9 of 27 <br />
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