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Sportsplex Agreement: Orange County/LEDAHF {$ <br />Agreement for Project Management Services [Draft] <br />This Agreement for Project Management Services is made and effective August 16th, 2005, by and <br />Orange County, North Carolina (the "Client") and the Linked Economic Development and Affordable <br />Housing Foundation, Inc, ("Project Manager', or "LEDAHF"), <br />1. Purpose. Orange County retains LEDAHF as its Project Manager for the acquisition, <br />development, construction, and operations of the Triangle Sportsplex and Northern Orange Senior <br />Center ("Sportsplex", or "Project"), LEDAHF agrees to provide such services in the proper manner <br />and represent the Client's interests to the best of its abilities, all according to the terms of this <br />Agreement <br />2. Subject Matter. LEDAHF will act as Orange County's Agent and complete the following <br />described services: <br />a) Supervise and manage the full process of acquiring, constructing and establishing operations <br />of the Sportsplex to include but not be limited to: <br />1, Facilitation assistance for the County Staff; <br />2, Contract preparation and negotiation; <br />3, Due Diligence organization and supervision; <br />4. Financing structure planning and assistance; <br />5, Facilitation and supervision of the pre-construction, design and construction process; <br />6. Supervision of selected vendors and professional firms throughout this process tc <br />include assistance to County Staff on financial controls through development and <br />construction; <br />7. Scheduling and critical path management; <br />8. Communications to Staff and its Board of County Commissioners ("BOCC"); <br />9. Facilitation and supervision of the transition operations period; <br />b) Provide documentation of the full process; <br />c) Attend all meetings and be reasonably available at all times for the County Staff and the <br />BOCC; <br />d) Execute any instructions as directed by County Staff. <br />3. Other Matters. This Agreement contemplates that the Project Manager will represent the <br />Client only with respect to the matters described above, Any other matters, except those incidental to <br />and necessarily related to the covered matters, shall not be performed by LEDAHF without the prior <br />written authorization and agreement with Orange County. <br />4. Fees. Client agrees to pay LEDAHF a fixed monthly fee ("Fee") in the amount of Four <br />Thousand Dollars ($4,000) for the services provided pursuant to this Agreement during the pre- <br />clasing and pre-construction periods. During construction, the Fee will be the greater of $4,000 or <br />