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I <br /> i <br /> i <br /> portion of the Park that sits in Orange County equals $ 20 , 000 and the value <br /> of improvements made in Durham County equals $ 10 , 000 , then Orange <br /> County will reimburse Durham County the amount of $ 5 , 000 . ) The value of said <br /> improvements shall be determined at the time of termination . <br /> iii) Grant Funds : The parties acknowledge that grant funding has and may be <br /> awarded to Durham and Orange counties for the development of the Park . <br /> Orange County administers said grants and shall continue to do so for the <br /> joint benefit of both counties . Upon termination , Durham County shall be <br /> reimbursed by Orange County in an amount equal to 50 % of the total grant <br /> funds received , not yet expended and not subject to being returned to the <br /> granting authority , which have been planned for expenditure on amenities <br /> situated or to be situated in the Park . <br /> iv) This Agreement shall survive termination for the purposes of reconciliation <br /> or payment of any amount due and unpaid at the time of termination . <br /> IN WITNESS WtIEREOF , the parties have caused this lnterlocal Agreement to be executed as <br /> of the day and year first written above . <br /> k! <br /> 71 <br /> 8 <br />