THIS AGREEMENT, made and entered into between the Town of Chapel Hill, North Carolina, a North Carolina municipal corporation, 405 Martin Luther King Jr. Blvd., Chapel Hill, NC 27514 (hereinafter referred to as “Chapel Hill”), and the Town of Carrboro, North Carolina, a North Carolina municipal corporation, 301 West Main Street, Carrboro NC 27510 (hereinafter referred to as “Carrboro”), for a joint project for the application, administration, and funding of a Stormwater Mini-grant from the Clean Water Management Trust Fund (hereinafter referred to as “Mini-grant”):
WHEREAS, the parties to this agreement are public bodies, politic and corporate, under the laws of the State of North Carolina; and
WHEREAS, the parties are vested with the power and authority to undertake joint projects for the health safety and general welfare of the citizens; and
WHEREAS, Bolin Creek passes through both Carrboro and Chapel Hill, and as such receives stormwater from both municipalities; and
WHEREAS, Carrboro and Chapel Hill are both members of the Bolin Creek Watershed Restoration Team (BCWRT); and
WHEREAS, as members of the BCWRT, Carrboro and Chapel Hill share the goal of improving water quality in the Bolin Creek Watershed and removing all segments of Bolin Creek from the State’s Section 303(d) List; and
WHEREAS, Chapel Hill and Carrboro recognize that the accomplishments achieved by the successful implementation of this Mini-grant will be beneficial to the citizens of both towns:
NOW, THEREFORE, in consideration of the foregoing and of the mutual promises and obligations set forth herein, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows:
Chapel Hill | 74.5% | (projected share, $3,725) |
Carrboro | 25.5% | (projected share, $1,275) |
IN WITNESS WHEREOF, the parties to this Agreement have duly and validly approved it and caused it to be executed in their behalf by the undersigned agents.
This, the ___ day of ________, 2006.
TOWN OF CHAPEL HILL
Roger L. Stancil, Town Manager
Attest: Town Clerk
Approved as to form and authorization:
Town Attorney
TOWN OF CARRBORO
Steve Stewart, Town Manager
Attest: Town Clerk
Approved as to form and authorization:
Town Attorney
This Agreement has been pre-audited in the manner required by the Local Government Budget and Fiscal Control Act.
Town of Carrboro Finance Director
Town of Chapel Hill Finance Director