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c <br /> �Ir <br /> r <br /> MEMORANDUM OF UNDERSTANDING <br /> BETWEEN <br /> ORANGE COUNTY AND THE TOWN OF CHAPEL HILL <br /> E <br /> f: <br /> Funding for Joint Economic Development Programs I <br /> Article 46 Collaborative Outreach <br /> f; <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 /> r <br /> WHEREAS , the Town of Chapel Hill ("Town") wishes to provide services or engage in j <br /> economic development activities as designated herein, and Orange County ( " County") and its <br /> residents and businesses would benefit from those services or activities . <br /> NOW THEREFORE , the County and Town agree, through this Memorandum of Understanding <br /> ("MOU") , to the following terms and conditions : <br /> I . County authorizes the Town to request Collaborative Outreach funding from Article 46 for <br /> fiscal year 2023 - 2024 up to the amount of Thirty Eight Thousand Eighty-Two Dollars <br /> ($ 38 , 082 . 00) . The services or activities that qualify under this funding category shall consist <br /> of and be limited to economic development programs that aid in job creation; drive economic <br /> growth, support existing businesses , recruit new businesses; and in the promotion of other <br /> activities such as innovation and entrepreneurial growth, agri-tourism and agriculture in <br /> Orange County . No other services or activities are authorized by this MOU . The funding <br /> amount will be calculated annually based on a formula that adds the total population of <br /> Chapel Hill , Carrboro , Hillsborough and the portion of Mebane located within Orange <br /> County, and allocates each towns ' percentage of the total population to the total amount of C <br /> Collaborative Outreach funding budgeted in a given year ( $ 60 ; 000 . 00 for FY 2023 -24) . <br /> Collaborative Outreach funds that are not requested by the Town within the given fiscal year <br /> will automatically roll over for one additional fiscal year . Funds not requested by the end of <br /> the following fiscal year (2023 -2024) will no longer be available to the Town . This means <br /> funding allocated under this MOU would be available to the Town from July 1 , 2023 to June <br /> 30 , 2025 . <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 /> r <br /> - 1 - <br />