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- 1 - <br />MEMORANDUM OF UNDERSTANDING <br />BETWEEN <br />ORANGE COUNTY AND THE TOWN OF CARRBORO <br /> <br /> <br />Funding for Joint Economic Development Programs <br />Article 46 Collaborative Outreach <br /> <br /> <br /> <br />WHEREAS, North Carolina law authorizes counties to enter into agreements with third parties to <br />provide services under mutually agreed upon terms and conditions; and <br /> <br />WHEREAS, the Town of Carrboro (“Town“) wishes to provide services or engage in economic <br />development activities as designated herein, and Orange County (“County”) and its residents and <br />businesses would benefit from those services or activities. <br /> <br />NOW THEREFORE, the County and Town agree, through this Memorandum of Understanding <br />(“MOU”), to the following terms and conditions: <br /> <br />1. County authorizes the Town to request Collaborative Outreach funding from Article 46 for <br />fiscal year 2020-2021 up to the amount of Thirteen Thousand Seven Hundred Seventy- <br />Five Dollars and Forty-One Cents ($13,775.41) and for fiscal year 2021-2022 up to the <br />amount of Thirteen Thousand Eight Hundred Dollars ($13,800.00). The services or <br />activities that qualify under this funding category shall consist of and be limited to economic <br />development programs that aid in job creation, drive economic growth, support existing <br />businesses, recruit new businesses, and in the promotion of other activities such as <br />innovation and entrepreneurial growth, agri-tourism and agriculture in Orange County. No <br />other services or activities are authorized by this MOU. The funding amount will be <br />calculated annually based on a formula that adds the total population of Chapel Hill, <br />Carrboro, Hillsborough and the portion of Mebane located within Orange County, and <br />allocates each towns’ percentage of the total population to the total amount of Collaborative <br />Outreach funding budgeted in a given year ($60,000.00 for FY 2021-22). Collaborative <br />Outreach funds that are not requested by the Town within the given fiscal year will <br />automatically roll over to the next year and be available for the Town to request at a later <br />date. <br /> <br />2. The Town shall make a request to the County, in writing, to access these funds. The request <br />shall include details pertaining to the amount of funding sought, a description of the services <br />or activities the funding would support, the expected outcomes, any additional partners in the <br />services or activities, and what resources the Town is providing to the services or activities. <br />The Town shall also express any additional role they expect the County to play as it relates to <br />the identified services or activities, and to acknowledge use of the Collaborative Outreach <br />funding as a joint partnership between the Town and the County. <br /> <br />DocuSign Envelope ID: EBB5E295-8074-492F-9A64-8C98E0E4B202