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OCEDaedga 12-25 <br /> <br />16. Summarize your current market (type, trends, etc.) and describe how a successful project will allow <br />you to more effectively serve that market and/or new markets. <br />17. Describe anything new or innovative about your project and also what others may learn from your <br />experience. <br />18. List the major steps/phases of your project and provide an estimated schedule for completion. <br />19. Describe how your knowledge, skills and abilities support the success of the project. <br />20. Describe any additional resources/assistance (financial, technical, contractual services, equipment, <br />etc.) needed to complete your project and identify proposed sources for that assistance. <br /> <br /> <br />ORANGE COUNTY ECONOMIC DEVELOPMENT GRANTS <br />CLAWBACK/COLLECTION POLICY <br /> <br />SECTION 1 <br />PURPOSE AND APPLICABILITY: <br /> <br />This administrative policy is intended to serve as a guideline by which grant funds may be collected or <br />clawed back by Orange County. <br /> <br />The Economic Development Department administers the following Grant Programs: The Business <br />Investment Grant Program; the Agriculture Grant Program. <br /> <br />Each program has requirements grantees must meet in order to satisfy the terms of their respective grant <br />agreements. Failure to meet the requirements of the programs and the grant agreements and thereafter the <br />failure to cure the initial problem will result in the County exercising its rights to collect or clawback the <br />grant funds. <br /> <br /> <br />SECTION 2 <br />COLLECTION PROCEDURE: <br /> <br />Upon discovery by Economic Development staff that a grantee or grantee’s agent has failed to comply with <br />the terms of the grant program or grant agreement Economic Development staff shall engage in the <br />following process: <br /> <br />Step 1; Upon initial discovery, send written notice to the <br />grantee and grantee’s agent. Notice may be via <br />email or first-class mail, <br /> <br />Step 2; Upon failure to comply send via first class mail <br />final notice, <br /> <br />Step 3; Upon failure to comply notify the appropriate <br />entity to investigate further. <br /> <br /> <br />Information to be included in Step 1: <br /> <br />Identify the grantee and grantee’s agent responsible for payment <br />Identify the terms of the policy or agreement with which the grantee is noncompliant <br />Notify the grantee how they may achieve compliance <br />Notify the grantee they should come into compliance within 30 days <br />Docusign Envelope ID: 056B2EA3-D7AD-4B10-B449-07200781B834