2020-692-E-Economic Dev-Economic Dev partnership of NC

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North Carolina Tourism Recovery Grant Agreement # 60-00-12 This Agreement is hereby entered into by and between the Economic Development Partnership of NC (EDPNC), under the auspices of the NC Department of Commerce, (the "AGENCY"), and Orange County by and for the Chapel Hill/Orange County Visitors Bureau, 501 West Franklin Street, Chapel Hill NC 27516 (the "RECIPIENT") (referred to collectively as the “Parties”). 1. EFFECTIVE TERM This agreement shall be effective starting March 1, 2020 and shall terminate on December 30, 2020. 2. RECIPIENT’S DUTIES The RECIPIENT shall provide the activities as authorized and referenced in the North Carolina Session Law 2020-4, An Act to Provide Aid to North Carolinians in Response to the Coronavirus Disease 2019 Crisis . The RECIPIENT’s scope of work is a complete and concise scope of work supported by this agreement and consistent with language in Session Law 2020-4, an Act to Provide Aid to North Carolinians in Response to the Coronavirus Disease 2019 Crisis. The RECIPIENT agrees to use the funds in the amounts allocated for the budget cost items set forth in the RECIPIENT’s budget. RECIPIENT may reallocate and/or redistribute among budgeted items up to 20% in overall budget costs without the express written permission of the AGENCY. The RECIPIENT understands and acknowledges that these are federal funds and the total funding level available under this agreement will not exceed ten thousand dollars ($10,000.00). Only expenditures incurred during the period that begins on March 1, 2020, and ends on December 30, 2020 are eligible for funding from this Fund. The RECIPIENT understands and acknowledges required compliance with all statutory provisions outlined in: a. The Coronavirus Aid, Relief, and Economic Security Act or CARES Act; b. Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) promulgated by the United States Office of Man agement and Budget sections: 2 C.F.R. 200.303 regarding internal controls, 2 C.F.R. 200.330 through 200.332 regarding subrecipient monitoring and management, and subpart F regarding audit requirements; c. Guidance issued by the United State Department of Treasury on April 22, 2020; and d. North Carolina Administrative Code Title 09, Chapter 03, SubChapters 03M and The RECIPIENT agrees to provide said report in 09 NCAC 03M.0202 within the required timeframe. See ATTACHMENT B. The RECIPIENT further understands and acknowledges any subawards issued by the RECIPIENT will require SUBRECIPIENT to comply to said statutory provisions above and the RECIPIENT will be held liable fo r any misuse or mishandling of these funds, including mishandling or misuse by the SUBRECIPIENT. The RECIPIENT agrees not to have any overdue tax debts, as defined by N.C.G.S. 105-243.1, at the federal, State, or local level. The RECIPIENT agrees to complete ATTACHMENT D and submit to the AGENCY OSBM/NCPRO – Agreement Page 1 of 7 DocuSign Envelope ID: A0668E2C-EC33-465B-A5EE-E1302408AA65