Orange County NC Website
The Arts Center <br />Orange County Community Climate Action Grant Program Performance <br />Agreement Rev. 7/5/22 <br />Page 10 of 11 <br /> <br />Exhibit C <br />Community Climate Action Grant Program’s <br />Alternative Payment Schedule <br /> <br />From: Wendy Smith, Development Director for The ArtsCenter <br />Date: June 14, 2022 <br /> <br />Subject: Alternative Payment Schedule The Arts Center <br /> <br />Reason for the payment schedule: The ArtsCenter is in the midst of building its new home. Construction <br />should begin this summer and wrap up in the first quarter of 2023. The installation of the bike racks, EV <br />charging stations and E-Bike charging stations will not occur until October 2022 at the earliest. Therefore, it <br />is not necessary to have the funding prior to September of 2022. The ArtsCenter would like 80% of the <br />funding up front to cover the costs of purchase. The remained 20% can be paid out at the end of 2022 to <br />ensure that all costs are covered. <br /> <br />Date Expenses Payment <br />09/1/2022 Purchase bike racks, EV charging stations <br />and E-bike charging station <br />$13,600 <br />12/1/2022 Remaining balance on purchase items $3,400 <br />Total payments $17,000 <br /> <br /> <br /> <br />DocuSign Envelope ID: FC54AC26-7897-4270-8EA1-D754CD59EA76