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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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12/10/2020 3:24:50 PM
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BOCC
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12/15/2020
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Business
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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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\Board of County Commissioners\BOCC Agendas\2020's\2020\Agenda - 12-15-20 Virtual Business Meeting
Minutes 12-15-2020 Virtual Business Meeting
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\Board of County Commissioners\Minutes - Approved\2020's\2020
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7 <br /> in type by the Fund's Executive Director may be made to the Grant Contract without the consent of the Fund's <br /> Board of Trustees. <br /> The Grant Contract Documents consist of. <br /> a. The main body of the Grant Contract <br /> b. Exhibit A—Project Summary <br /> c. Exhibit B—Project Budget <br /> d. Exhibit C—Pre-Funding Checklist <br /> a. Exhibit C.1 —Assurances for Non-Federally Funded Contracts <br /> e. Exhibit D—Pre-Closing Checklist <br /> f. Exhibit E—Post-Closing Checklist <br /> g. Exhibit F—Payment Checklist <br /> h. Exhibit G—Additional Definitions <br /> i. Exhibit H—General Terms and Conditions. <br /> 2. Purpose. The purpose of the Grant is for purpose(s)outlined in Exhibit A. Grant funds may not be <br /> used for the purchase of any improvements or removal of debris on the Property or for any other purpose not <br /> set forth herein. <br /> 3. Fund's Duties. Subject to the appropriation,allocation,and availability to NCLWF of Grant funds <br /> for the Project, NCLWF hereby agrees to pay the Grant funds to the Grant Recipient in accordance with <br /> the payment procedures set forth herein. Neither of the Parties is obligated to perform and the Grant <br /> Contract is not a binding agreement on all Parties until all Parties have executed the main body of the Grant <br /> Contract and all exhibits that require execution, the Department of Natural and Cultural Resources has <br /> notified the Fund that funds for the Grant contemplated hereunder have been encumbered, and the Grant <br /> Recipient has received its copy of the original Grant Contract, fully executed and with all dates inserted <br /> where indicated on the cover page to the Grant Contract. <br /> 4. Grant Recipient's Duties. The Grant Recipient shall carry out the Project in accordance with the <br /> terms of this Grant Contract. <br /> 5. Contract Period. The Fund's commitment to disburse Grant funds under this Grant Contract shall <br /> cease on the Reimbursement Date. It is the responsibility of the Grant Recipient to ensure that the Project <br /> is completed by the Expiration Date and that all costs to be reimbursed have been submitted to the Fund by <br /> the Reimbursement Date. After the Expiration Date, any Grant funds remaining under this Grant Contract <br /> will no longer be available to the Grant Recipient except to pay proper invoices for budgeted costs incurred <br /> by the Expiration Date and which are submitted to the Fund no later than the Reimbursement Date. The <br /> burden is on the Grant Recipient to request an extension of the Grant Contract if the Grant Recipient <br /> anticipates that the Project will not be completed by the Expiration Date. The request for an extension <br /> must give complete details of the reasons why an extension is needed, propose a new expiration date for <br /> the Grant Contract, and be submitted via the Funds online grants management system. This request must <br /> be submitted to and received by the Fund at least 60 days prior to the Expiration Date. Approval of any <br /> requested extension is at the sole discretion of the Fund. The approval or denial of the requested extension <br /> will be based upon Project performance, among other factors. The Fund is not obligated to send <br /> reminders or other notification of an approaching Expiration Date. <br /> 6. Pre-Funding Requirements. Prior to the disbursement of any Grant funds under this Grant <br /> Contract, the Grant Recipient shall deliver to the Fund all of the documentation described on Exhibits C, <br /> C.1, and C.2. <br /> Orange County,North Carolina(NCLWF 2020-048 Moorefields Estate) <br /> Final—November 30,2020 Page 3 of 27 <br />
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