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BK:00027 PG <br />Local Share Certification for Funding <br />(This form is required for EACH separate funding request) <br />County of Lee <br />(Legal Name of Applicant) <br />Local matching funds will be required for all application submittals. For projects requiring operating funds, the <br />required local match is 50 percent of net operating expenses. For projects requiring capital funds, the required local <br />match is 10 percent of the net cost of the project, subject to the availability of state funds. Applicants should be <br />prepared to incur a 20 percent local match in case state funds are not available. <br />The local match must be provided from sources other than federal Department of Transportation funds. Guidance <br />is provided in the 5310 Overview about eligible sources of matching funds. Applicants are responsible for <br />verifying the eligibility of non -USDOT federal funds the applicant proposes to use as their local match. <br />Requested Funding Amounts <br />I, the undersigned representing (Legal Name of Applicant) County of Lee do hereby certify to the North Carolina <br />Department of Transportation, that the required local funds will be available as of July 1, 2015 <br />f C>�, C aA)J)10 -I/ - <br />Signature of Authorized Official <br />Charles T. Parks, Chairman <br />Type Name and Title of Authorized Official <br />November 3, 2014 <br />Date <br />Net <br />Local Share <br />Local Source(s) <br />Project <br />Cost <br />Capital <br />$ <br />$ (10 %) <br />1. <br />(Vehicles & Other) <br />2. <br />3. <br />Operating <br />$ 44,185 <br />$ 22,093 (50% of net) <br />1. Contract Revenue <br />2. <br />3. <br />TOTAL <br />$ 44,185 <br />$ 22,093 <br />I, the undersigned representing (Legal Name of Applicant) County of Lee do hereby certify to the North Carolina <br />Department of Transportation, that the required local funds will be available as of July 1, 2015 <br />f C>�, C aA)J)10 -I/ - <br />Signature of Authorized Official <br />Charles T. Parks, Chairman <br />Type Name and Title of Authorized Official <br />November 3, 2014 <br />Date <br />