Orange County NC Website
Docusign Envelope ID:OE38C765-2C74-4C4A-9A16-40FFB7FB8521 <br /> ■ Design <br /> ■ Environmental Documentation <br /> as further set forth in this Agreement. <br /> 3. FUNDING <br /> PROGRAMMING AND AUTHORIZATION OF FEDERAL FUNDS <br /> The funding currently programmed for the project in the State Transportation Improvement <br /> Program (STIP) is TADA. The funding source may be modified with the coordination and <br /> approval of the respective Metropolitan Planning Organization (MPO) and/or the Department prior <br /> to authorization of funds. The Department will authorize and reimburse federal funding based on <br /> the type of federal funding that is programmed in the STIP at the time of the authorization <br /> request. The Department will notify the County of the type of federal funds authorized by issuing <br /> a Technical Amendment— Funds Authorization letter. A modification in the source of funds will <br /> have no effect on project responsibilities outlined in this agreement. <br /> REIMBURSEMENT FOR ELIGIBLE ACTIVITIES <br /> Subject to compliance by the County with the provisions set forth in this Agreement and the <br /> availability of federal funds, the Department shall reimburse 80% of eligible expenses incurred by <br /> the Municipality up to a maximum amount of Two Hundred Thousand Dollars ($200,000), as <br /> detailed below. The County shall provide the non-federal match, as detailed in the FUNDING <br /> TABLE below, and all costs that exceed the total available funding. <br /> FUNDING TABLE <br /> Fund Source Federal Funds Reimbursement Non-Federal Non-Federal <br /> Amount Rate Match $ Match Rate <br /> TADA $200,000 80% $50,000 20% <br /> Total Available Funding $250,000 <br /> WORK PERFORMED BY NCDOT <br /> All work performed by the Department on this Project, including, but not limited to, reviews, <br /> inspections, and Project oversight, during any phase of the delivery of the Project, shall reduce <br /> the funding available to the County under this Agreement. The Department will set aside, but is <br /> not limited to, ten percent (10%) of the total available funding, or$25,000, to use towards the <br /> costs related to review and oversight of this Project. These costs may include but are not limited <br /> Agreement ID# 13096 4 <br />