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2025-769-E-Economic Dev-Urja Bar-Business Investment Grant
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2025-769-E-Economic Dev-Urja Bar-Business Investment Grant
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Last modified
12/29/2025 6:12:22 PM
Creation date
12/29/2025 6:12:15 PM
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Contract
Date
12/22/2025
Contract Starting Date
12/22/2025
Contract Ending Date
12/22/2025
Contract Document Type
Contract
Amount
$5,000.00
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Revised 12/25 <br /> <br />injury, damage or loss to a person, or real or personal property that results from or is in any way <br />connected to the use of the grant funds. <br /> <br />5. Termination. <br />A. In the event of any of the circumstances set forth below (hereinafter referred to as “default”), <br />the Subcommittee may immediately terminate this Agreement: <br /> <br />i. Any fraudulent representation on a material matter related to securing and utilizing <br />grant funds under this Agreement. <br />ii. Failure to satisfactorily comply with any provision of this Agreement, any term of the <br />Grant Application, and/or any Grant Program Guideline, as determined by the <br />Subcommittee in its sole discretion. <br />iii. Failure to adhere to the terms of applicable county, state, or federal laws, regulations, <br />or stated public policy. <br /> <br />B. In the event of default by the Grant Recipient, the Subcommittee has the discretion to elect to <br />terminate this Agreement, in whole or in part and/or require the Grant Recipient to repay the <br />grant funds within thirty (30) days from written notice or allow the Grant Recipient the <br />opportunity to cure the default. This clause shall not be interpreted to limit the County’s or <br />Economic Development’s remedies in law or equity. <br /> <br />C. Should the Subcommittee determine the Grant Recipient has committed default as that term is <br />defined herein, the Subcommittee shall notify the Grant Recipient of such determination. <br />Such notice shall be in writing and may be through electronic mail or U.S. Mail, first class. <br />Notice shall be effective and considered received the day the notice is placed in a U.S. Mail <br />receptacle or the day the notice is sent via electronic mail. Within 30 calendar days of receipt <br />of such notice Grant Recipient shall reimburse the County the full amount of the Grant <br />Award. Failure to reimburse the County the full amount of the Grant Award within 30 days <br />may result in the County initiating collection action against the Grant Recipient and <br />Guarantor. Collection may be via any means available to the County including and not <br />limited to submission to the N.C. Local Government Debt Setoff Clearinghouse. <br /> <br />6. Miscellaneous. <br />A. Governing Law. This Agreement shall be interpreted and governed in accordance with the <br />laws of the State of North Carolina and Orange County. Grant Recipient shall at all times <br />remain in compliance with all applicable local, state, and federal laws, rules, and regulations <br />including but not limited to all state and federal anti-discrimination laws, policies, rules and <br />regulations and the Orange County Anti-Discrimination Policy. Any violation of the <br />requirement is a breach of this Agreement and County may immediately terminate this <br />Agreement without further obligation on the part of the County. This paragraph is not <br />intended to limit the definition of breach to discrimination. By executing this agreement <br />Grant Recipient affirms that Grant Recipient and any subcontractors of Grant Recipient are <br />and shall remain in compliance with Article 2 of Chapter 64 of the North Carolina General <br />Statutes. Where applicable, failure to maintain compliance with the requirements of Article 2 <br />of Chapter 64 of the General Statues constitutes a breach of this Agreement. By executing <br />Docusign Envelope ID: 3EDF779F-E61C-4EA1-8093-C2E8274C4E11
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