2003 - 05-05-03 Regular Meeting - Laserfiche WebLink

Home Browse Search

r a Pier C~] (2) Termination of this Agreement may occur for reason described herein or in attachments hereto. The COUNTY may execute an extension of this Agreement in its discretion and in accordance with such additional conditions as it may require. (3) The GRANTEE agrees that it will supply such records, information and verification relating to expenditures of the funds or the operations of the GRANTEE as may reasonably be requested by the COUNTY. The GRANTEE agrees that the COUNTY shall have access to the records and premises of the GRANTEE at all reasonable times, and the GRANTEE agrees to submit such reports as the COUNTY shall request pertaining to the funds granted herein or the operations of the GRANTEE. The GRANTEE shall maintain a written accounting and documentation of all of its receipts and disbursements relating to the grant funds which are the subject of this Agreement. The COUNTY reserves the right to require a certified audit pertaining to the use of the grant funds, or may perform the audit through use of its staff. The GRANTEE agrees to subject itself to the provisions of Article 33C of Chapter 143 of the North Carolina General Statutes, entitled "Meetings of Public Bodies" to the same extent as the COUNTY. (4) The Grantee shall furnish to the COUNTY a copy of its audit report performed by a certified public accountant as soon as such becomes available to the GTRANTEE but no later than 6 months following the GRANTEE'S fiscal year end. (5) Funds will be disbursed to the GRANTEE by reimbursement to the GRANTEE for expenses incurred in accordance with the attached budget, unless otherwise specified in the attachments. (6) The COUNTY may suspend or terminate the payment of grant funds in whole or in part for any violation of this Agreement. Suspension or termination may be effected for the following reasons as determined by the COUNTY, but not limited to these reasons= (a) Ineffective or improper use of grant funds; (b) Failure to comply with the terms and conditions of the Agreement;