Agenda - 12-13-2022; 8-c - Proposed Eighteen-Month Extension of the State of North Carolina’s “Building Reuse Grant” Incentive for Industrial Connections & Solutions-ABB Inc.

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i 30 BUILDING REUSE PROGRAM Existing Business Building 2020-025-3201.2567 Orange County ABB,Inc/Project Clear Blue Sky—Revision#3 i EXHIBIT C REPORTING SCHEDULE Progress reports are duo on January I51'and July 150"for each yearthat the grant remains open. The final report and job verification documentation are due at the time of project completion or no later than 30 days after the grant end-date,whichever is sooner, The reporting schedule remains In effect for the duration of the grant Including time extensions, Failure to submit progress reports as required: 1. Will result in non-payment of payment requests, 2. Can result in the immediate termination of the grant, 3. Can result In the demand for immediate repayment of any funds paid by The Department of Commerce,and 4. Will negatively impact the grantee's eligibility for future Commerce grants, EXHIBIT D JOB VERIFICATION AND CLOSE OUT REQUIREMENTS i Building Reuse and Rural Health Care loans are eligible for forgiveness once the creation and maintenance of the full-time jobs committed for the project,as well as,all reporting requirements are approved by Commerce,Below are the requ irements and procedure for approval, Job Verification To be considered eligible,a full-time job must be filled with one employee who works at least 35 hours per week and is paid at least minimum wage,Part-time, full-time equivalents,or contracticonsulting positions are not eligible. Grantees should submit the following as evidence of Job creation and maintenance: 1. Job Certification Form—both the grantee and the participating business are required to complete respective sections of this form that attests to the creation of the number of jobs full-time jobs committed to receive the grant, The form must be signed by the authorized representatives of the local government grantee and the participating business. 2. NCUI 101 Forms—The grantee should submit copies of each company's Emp/gyer s Ouarterltl Tae and lf'age Report (NCUI 101 forms)that have been submitted to the North Carolina Employment Security Commission according to the requirements below, • NCUI 101 Forms should be submitted to Commerce. • The forms must include the appropriate number of quarters to show that the company maintained the required employment level for six-consecutive months, • The employment level reported must meet or exceed the baseline number of employees reported at the time of the application plus the number of new,full-time jobs committed for the grant. • The jobs created and the baseline must be maintained concurrently during the same six-month period, • If the NCUI 101 forms Include employees from other locations in North Carolina,the names of the employees working in the grant funded project facility should be highlighted,and a multi-site report should be provided, • If the NCUI 101 forms include both full and part-time employees an"P'should be written next to the name of each full-time employee and a"p"should be written next to the name of each part-time employee, 3. Final Report--the grantee must submit the Final Report Form that describes the activities and outcomes of the project. 4. photos—the grantee must submit digital photos that show a variety of views of the completed project. All forms,including reporting and request for payment,can be found on the Commerce website at lutn://www.nccommerce,comfran Email completed forms and reports to raor parts rr nccommcrcacom,