2024-485-E-Housing Dept-FUNDING AGREEMENT-FUNDING AGREEMENT BTWEEN ORANGE COUNTY AND ALLIANCE HEALTH FOR SUPPORT AND OPERATION

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2 3. ANNUAL ALLOCATION. The County agrees to pay to Alliance an Allocation of One Hundred Forty-Seven Thousand Eight Hundred and Eighty-Seven Dollars ($147,887.00) for the County’s share of the Annual Operating Expenses (4 dedicated beds) at the Wonderful House. Unless otherwise directed by the County Manager, any funds held in the Alliance fund balance for Orange County at the close of the Fiscal Year will be used to fund Annual Operating Expenses for the next Fiscal Year. The County shall pay to Alliance through a wire transfer an amount equal to one-quarter of the Annual Allocation beginning on July 2, 2024, and quarterly thereafter following receipt of an Invoice. 4. START-UP FUNDS ALLOCATION. The County agrees to pay Alliance an Allocation of Twenty Thousand Eight Hundred and Fifty Dollars ($20,850.00) in one-time start-up costs for the Bridge Housing program. That money can be paid through a wire transfer to Alliance in full or in part for start-up expenses incurred after the date of November 14, 2023, the date that the Orange County Board of Commissioners approved Budget Amendment #3-A. 5. USE OF FUNDS. The Funds shall be used exclusively by Alliance for Qualified Expenses, which include Bridge Housing program annual operating expenses for 4 beds and for start-up expenses required at 2032 Homestead Road prior to the opening, as listed in Attachment 2. If requested by the County, Alliance must provide supporting documentation, including receipts, with the Invoices. 6. WAIVER: The failure of a party to insist upon strict adherence to any term of this Agreement on any occasion shall not be considered a future waiver of the term or deprive that party of its right thereafter to insist upon strict adherence to that term or any other term of this Agreement. Any waiver must be in writing, and no waiver of any breach of any provision of this Agreement shall constitute a waiver of any other breach of such provision or of any other provision thereof. 7. ENTIRE AGREEMENT: This Agreement constitutes the entire agreement among the Parties as of the date hereof with respect to the funding subject matter hereof and cannot be amended or terminated orally. 8. NO THIRD-PARTY BENEFICIARIES: This Agreement is not intended for the benefit of any third party. The rights and obligations contained herein belong exclusively to the parties hereto and shall not confer any rights or remedies upon any person or entity other than the parties hereto. 9. SEVERABILITY: The Parties agree that if any provision of this Agreement, or portion thereof, shall be adjudged by any court of competent jurisdiction to be invalid or unenforceable for any reason, such determination shall be confined to the operation of the provision at issue and shall not affect or invalidate any other provision of this Agreement, and such court shall be empowered to substitute, to the extent enforceable, a provision similar thereto or other provisions so as to provide to the fullest extent permitted by applicable law the benefits intended by such provisions. 10. PARAGRAPH HEADINGS: Paragraph headings contained in this Agreement are included for convenience only and do not define, limit, or describe the scope of intent of this Agreement or in any way affect this Agreement. 11. APPLICABLE LAW: This Contract shall be governed by and in accordance with the laws of the State of North Carolina. All actions relating in any way to this Contract shall be brought in the General Court of Justice in the County of Orange and the State of North Carolina. 12. EXECUTION: The Parties agree to execute all documents, instruments, or further assurances as may be necessary or required to effectuate and complete all transactions contemplated by this Agreement. Docusign Envelope ID: 6939F835-4D10-4E05-8326-795822210A3C