Orange County NC Website
Exhibit C <br /> <br />PROJECT BUDGET <br /> <br /> <br />Proposed Uses of Funds <br /> <br />Demolition, Predevelopment, Infrastructure and $800,000.00 <br />Site Development <br /> <br /> <br />Total $800,000.00 <br /> <br />Sources of Funds <br /> <br /> <br />Orange County Capital Investment Plan $ 800,000.00 <br /> <br />Total Sources of Funds $ 800,000.00 <br /> <br /> <br />Habitat for Humanity of Orange County, Inc., may not request disbursement of funds under this <br />Agreement until the funds are needed for payment of eligible costs. The amount of each request <br />must be limited to eligible costs as determined by the County’s Housing and Community <br />Development Department (“OCHCD"). <br /> <br />Funds may be shifted between line items of the Project without prior approval of the County only <br />to the extent of “Minor Adjustments,” defined as actions which do not result in a change in the <br />Project and so long as such Minor Adjustments do not exceed ten percent (10%) of the line item <br />total from which the funds are being removed or to which the funds are being added, there is no <br />increase to the Total Renovation Cost specified in the above budget, and there are only minor <br />changes to the Plans and Specifications. <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />Docusign Envelope ID: 4B02F05F-1410-4DCD-BCEE-8DD7A7B20DAF