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15 <br /> pWi.4.11'fE VMYit�w <br /> N.C. Department of Agriculture & Consumer Services ^� <br /> X4} N.C. ADFP Trust Fund <br /> Conservation Easement Contract Grantee Duties and Reporting Requirements <br /> 1. The NCDA&CS ADFPTF conservation easement contract is a two-year contract. The <br /> first contract year is to complete the conservation easement project, including recording <br /> the conservation easement. The second contract year is reserved for the completion of the <br /> conservation easement project due to documented hardships. The Grantee agrees to <br /> record the conservation easement within the first year of the two-year contract following <br /> the timeline below. Failure to follow the deliverable timeline is a breach of the contract, <br /> and the Grantee must repay any grant funding received from the NCDA&CS ADFPTF. If <br /> the Grantee fails to record an approved conservation easement according to the terms and <br /> conditions of this contract within the contract period, the Grantee is responsible for <br /> repaying all funds expended. <br /> 2. If the conservation easement is not recorded within the first 365 days of the two-year <br /> contract, the Grantee must request a continuation of the project in writing to the Farmland <br /> Preservation Director 60 days before the end of the first year of the contract(Day 305). <br /> This request must provide proper documentation for the hardships that delayed <br /> completing the grant project and a revised timeline to complete the conservation <br /> easement project. All other required documents, including budget and progress reports, <br /> must be current. Eligible hardships include: <br /> a. Death of a landowner; <br /> b. Severe illness or incapacitation of a landowner; <br /> c. The Grantee has applied for federal funding and has not yet received funding <br /> notification; <br /> d. The Grantee has federal funds under contract and has not yet received approval to <br /> release federal funds. <br /> All other requests for continuing the conservation easement project shall be determined <br /> on a case-by-case basis. If approved, the project may continue into the second year of the <br /> contract. If denied, the Grantee must repay any grant funding from the NCDA&CS <br /> ADFPTF. Note: Failure by the Grantee to initiate deliverables on the conservation <br /> easement project, Grantee staff shortages or changes, and Grantee time management <br /> issues are not acceptable hardships and will result in a breach of the contract, and the <br /> Grantee must repay any grant funding received from the NCDA&CS ADFPTF. <br />