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i <br /> N. C . Department of Agriculture & Consumer Services � <br /> 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 /> I' <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 />