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Agenda 02-03-2026; 6-a - Approval of the School Construction Interlocal Agreement
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Agenda 02-03-2026; 6-a - Approval of the School Construction Interlocal Agreement
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1/29/2026 3:53:23 PM
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BOCC
Date
2/3/2026
Meeting Type
Business
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Agenda
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6-a
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Agenda for February 3, 2026 BOCC Meeting
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\Board of County Commissioners\BOCC Agendas\2020's\2026\Agenda - 02-03-2026 Business Meeting
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9 <br /> 7.05 —Any P`/IYYIM11RiGatiOR notice provided for in this Agreement must be in writing (not <br /> including facsimile transmission or electronic mail). Any communication will be deemed given on <br /> the delivery date shown on a certified mail receipt, or a delivery receipt (or similar evidence)from <br /> a national commercial package delivery service, if addressed as follows: <br /> If intended for the County: <br /> Orange County <br /> Attn: County Manager <br /> If intended for the School Districts: <br /> Chapel Hill Carrboro City Schools <br /> Attn: Superintendent <br /> Orange County Schools <br /> Attn: Superintendent <br /> Any addressee may designate a different address for communications by notice given under this <br /> subsection to the other. <br /> 7.06 This Agreement is executed as to form only until mall parties have fully signed and <br /> executed the same. The effective date of this Agreement shall be the date upon which both all <br /> parties have fully signed and executed this Agreement. When the last party fully signs and <br /> executes this Agreement, that party shall add the date of his signature to the very first paragraph <br /> of this Agreement and such date shall become the effective date of the Agreement. <br /> 7.07 The parties shall, to the greatest extent possible, fully cooperate to develop and approve <br /> an agreement and means of sales tax recapture. The process for sales tax recapture may be <br /> accomplished in any lawful manner. No Project may proceed until a sales tax recapture <br /> agreement is adopted for the specific Project or for all Protects inclusively. <br /> ARTICLE VIII <br /> DEFAULTS REMEDIES COSTS AND PERSONAL LIABILITY <br /> 8.01 A party is in default under this Agreement (i) if it fails to observe and perform any covenant, <br /> condition or agreement on its part to be observed or performed for a period of 30 days after notice <br /> specifying the failure and requesting that it be remedied has been given by the other party, or(ii) if <br /> any representation or warranty provided in this Agreement is found to be incorrect or incomplete in <br /> any material respect as of the Effective Date. <br /> 8.02 Whenever any default is continuing, the non-defaulting party may take any or all of the <br /> following remedial steps: <br />
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