Orange County NC Website
Browse       Search
23 <br /> 9. The Grantee shall provide the Agency with the appropriate reimbursement request <br /> (downloadable at www.ncadip.orc)and required documentation of performance and <br /> expenditures for associated grant reimbursement. The Agency shall make payments to the <br /> Grantee on the following guidance: <br /> • No more than$25,000 if the grant award is $27,778 or greater and up to 90% of the <br /> grant if the award is less than $27,778 before the recording of the "Conservation <br /> Easement." <br /> • All payment requests must document the purpose of using grant funds and be within the <br /> approved amounts designated in the contract grant budget. <br /> • At the time of a properly recorded "Conservation Easement,"the Agency shall pay the <br /> Grantee no more than 90%of the awarded grant amount. <br /> • The Grantee shall ensure that acreage approved in the AGZ Parcel Approval Form are <br /> placed under an agricultural easement with no more than a 5%variance in recorded <br /> easement acreage without the prior written approval of the Agency. <br /> i. If the variance is greater than 5%of the contracted acres and is greater than the <br /> acres listed above,the additional acreage will be approved under one of the <br /> following scenarios: <br /> 1. The additional acres are included in the original parcels, and the variance is <br /> due to the Conservation Easement Survey updates. <br /> 2. The additional acres are parcels or areas within the original parcels under <br /> the same ownership as the original parcels, are in working lands use, and <br /> are within, adjacent, or contiguous to the original parcels. <br /> ii. If the variance is greater than 5%of the contracted acres and is less than the acres <br /> listed above, the grant funds for conservation easement purchase will be reduced <br /> proportionally based on the new acreage. <br /> • The division of the funds used to purchase the agricultural easement from matching <br /> resources and Agency resources must be maintained, as noted in the grant contract <br /> budget. <br /> • At no time shall the total payment of grant funding exceed the grant contract value. <br /> • All Grantee payments must have receipts of expenditures to verify the use of funding per <br /> contracted purposes. <br /> • The Agency shall make the payment within 60 days of any grant reimbursement request <br /> by the Grantee with approved documentation. <br /> 10. The Grantee will use the selected conservation easement purchase funding program as <br /> determined in the approved budget. <br /> 11. The conservation easement closing payment request may be submitted in writing using the <br /> Easement Closing Check Request form by the Grantee 30 days before the set closing date, <br /> provided the following items have been achieved: <br /> • All closing documents (conservation easement,HUD statement,title commitment, and <br /> subordination agreement if required)have been reviewed and approved by ADFPTF and <br /> NCDA&CS legal staff. <br /> 8 <br />