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HomeMy WebLinkAbout01031989161 SOUTH CENTRAL WATER AND SEWER DISTRICT, JANUARY 3, 1989 The Harnett County board of Commissioners sitting as the governing body of South Central Water and Sewer District of Harnett County met January 3, 1989, in the County Office Building, Lillington, North Carolina, with the following members present: Rudy Collins, Bill Shaw, Mack Reid Hudson, Mayo Smith, and Chairman Lloyd G. Stewart presiding. Others present were: Dallas H. Pope, County Manager; W. Glenn Johnson, County Attorney; Vanessa W. Young, Clerk to the Board; and Kay S. Blanchard, Recording Secretary. Chairman Stewart called the meeting to order at 12 noon. LETTER OF COND. Rodney M. Tart, Director, Public Utilities, presented for consideration a Letter of Conditions and related agreements regarding sewer project funding for the Bunnlevel area. Commissioner Shaw made a motion to approve the Letter of Conditions and related agreements. Commissioner Smith seconded the motion and it passed with a unanimous vote. The Letter of Conditions is copied in full at the end of these minutes dated January 3, 1989, as document No. 1. RESOL. RE: Rodney M. Tart, Director, Public Utilities, presented for consideration a LEGAL SERVICE resolution authorizing execution of a legal service agreement between the AGREEMENT District and John M. Phelps, II, Attorney. Commissioner Shaw made a motion to adopt the resolution. Commissioner Collins seconded the motion and it passed With a unanimous vote. The resolution is copied in full at the end of these minutes dated January 3, 1989, as document No. 2. ADJOURNMENT DOCUMENT NO. 1. There being no further business, the Harnett County Board of Commissioners sitting as the governing body of South Central Water and Sewer District, duly adjourned at 12:15 p.m. United States Department of Agriculture tewart, Chairman ,i I Kay S. Blanchard, Recording Secretary Vanessa W. Young, Cle Farmers Home Administration 4001 Carya Drive, Suite 8 Raleigh, North Carolina 27610 December 12, 1988 Lloyd Stewart, Chairman South Central Water & Sewer District PO Box 759 Lillington, North Carolina 27546 Dear Mr. Stewart: This letter establishes conditions which must be understood and agreed to by you before further consideration may be given to your application. This letter is not to be considered as loan approval or as a representation as to the availability of funds. The docket may be completed on the basis of a loan not to exceed $191,000.00 and a development grant not to exceed $371,000.00. If FmHA makes the loan, the interest rate will be that charged by FmHA at the time of the loan approval. If FmHA makes the loan, you may make a written reguest that the interest rate be the lower of the rate in effect at the time of loan approval or the time of loan closing. If you do not request the lower of the two interest rates, the interest rate charged will be the rate in effect at the time of loan approval. The loan will be considered approved on the date a signed copy of form FmHA 1940 -1, " Request for Obligation of Funds," is mailed to you. If you want the lower of the two rates, your written reguest should be submitted to FmHA as soon as practical. In order to avoid possible delays in loan closing such a request should ordinarily be submitted at least 30 calendar days before loan closing. Any changes in project costs, source of funds, scope of services or any other significant changes in the project or applicant must be reported to and approved by FmHA by written amendment to this letter. Any changes not approved by FmHA shall be cause for discontinuing processing of the application. Please complete and return the attached Form FmHA 442 -46, if you desire that further consideration be given your application. 162 If the conditions set forth in this letter are not met within 12 months from the date hereof, FmHA reserves the right to discontinue the processing of the application. 1. REPAYMENT SCHEDULE The insured loan will be scheduled for repayment over a period not exceeding 40 years. Each installment will be due June 1 with the first installment due the first June 1 following the date of loan closing or delivery of the bond. The first two installments will be interest only installments. INTERIM FINANCING The District will obtain temporary construction financing in accordance with FmHA Instruction 10942.17 <n)(2). The District will contact the North Carolina Local Government Commission and arrange to obtain interim credit through the sale of Bond Anticipation Notes. SECURITY Security for the loan will consist of a general obligation sewer bond authorized and prepared in accordance with FmHA Instruction 1942 —A. Farmers Home Administration will negotiate the purchase of the bond with the District and the North Carolina Local Government Commission. The Commission reserves the right to require a public offering of the bond. ORGANIZATION The District must provide the necessary certification, comments, and recommendations concerning its organization and authority to issue bonds which should include the following: a. Compliance with special laws and regulations. b. State Pollution Control on Environmental Protection Agency Standards. c. Consistency with other development plans. d. State agency regulating water rights. e. National historic preservation. f. Civil Rights Act of 1964. g. Architectural Barriers of 1968. (Refer to FmHA Instruction 1942.17(k) 5: ACCOUNTING,, AUDITS: AND REPORTS Accounting and auditing will be established and maintained in accordance with the requirements of North Carolina General Statutes. The District is to provide FmHA a copy of their Audit Contract. A copy of the annual audit report will be provided FmHA to accordance with North Carolina Instruction 1942.17(q) and the requirements of OMB Circular A -128. 6. INSURANCE AND BONDING Insurance and bonding must be obtained as required by North Carolina State Statues. The District will furnish a certificate concerning the adequacy of insurance and bonding. The District will provide fidelity bond coverage for the positions of officials entrusted with the receipt and disbursement of its funds and the custody of valuable property. The amount of the bond will be at least equal to the maximum amount of the money that the District will have on hand at any time, exclusive of loan funds deposited in a supervised bank account. The District will provide FmHA a copy of their fidelity bond. The public ! liability and property damage insurance requirement should be discussed with the District and their attorney and the amounts established accordingly. Fire and extended coverage should be in an amount equal to the replacement value on all above ground structures, including District owned equipment and machinery housed therein. 163 7. FINAL PLANS AND CONSTRUCTION CONTRACT DOCUMENTS Final plans must conform essentially with the project described in the Preliminary Engineering Report on which the project is funded. Should the project be changed (pipe sizes, method of treatment, etc.) which will result in increasing the project cost or operating budget, the FmHA must be notified and a revised Preliminary Engineering Report with the new budget must be submitted. Any changes not approved by FmHA shall be cause for discontinuing processing of the application. The construction contract documents must be completed in accordance with FmHA Instruction 1942 —A, Subsection 1942.18. The District and engineer must consider all materials suitable for the project. The engineer must specify all materials normally used. Contracts must be awarded on the basis of the lowest bid acceptable material. Concurrence by the FmHA State Office Engineer must be obtained prior to negotiating with contractors subsequent to opening bids. FmHA contracts and bid documents should be used for projects jointly funded with other agencies. 8. LOAN RESOLUTION The District must formally adopt Form 1942 -47, Loan Resolution, at a proper meeting of the governing body. Adoption of this document should be made a part of the official minutes of the District. Forms FmHA 400 -1, Equal Opportunity Agreement, and FmHA 400 -4, Assurance Agreement, are to be formally adopted at the same meeting. 9. OPERATING BUDGET AND SEWER RATE SCHEDULE A Sewer system operating budget must be adopted by the applicant after approval by Farmers Home Administration. A Sewer rate schedule must be adopted which will provide sufficient revenue to meet the requirements of the operating budget. 10. RULES AND REGULATIONS Sewer system Rules and Regulations must be submitted to Farmers Home Administration for approval prior to loan closing. 11. GRADUATION The District will refinance the unpaid balance, in whole or in part, of its debt upon the request of the Government if at any time it should appear to the Government that the District is able to refinance it notes /bonds by obtaining a loan for such purposes from responsible cooperative or private sources at reasonable rates and terms. 12. CLOSING INSTRUCTIONS The loan will be closed in accordance with instructions issued by the Office of the General Counsel and applicable FmHA and State procedures. 13. EXCESS FUNDS If there is a significant reduction in project cost as a result of re— design or bids received, the District funding needs will be reassessed before loan closing or start of construction, whichever occurs first. Obligated loan or grant funds not needed to complete the proposed project will be deobligated. Grant funds are deobligated first. 14. DISTRICT'S CONTRIBUTION The District is to deposit $18,100.00 in the construction account prior to loan closing or the start of construction, whichever occurs first. These funds are considered to be expended first and are to be used with other funds to complete the funding of the proposed project. 15. ORDER OF FUND EXPENDITURE The District's contribution shall be considered as the first funds expended. After providing for all authorized costs, any remaining FmHA project funds will be considered to be FmHA grant funds and refunded to FmHA. If the amount of unused FmHA project funds exceeds the FmHA grant, that part would be FmHA loan funds. 16. GRANT ASSISTANCE Prior to loan closing or start of construction, whichever occurs first, the District must provide evidence of the Grant Funds being available from EPA. 164 17. GRANT AGREEMENT The District must adopt Form FmHA 1942 -31, Association Water and Sewer System Grant Agreement, at a proper meeting of the governing body. Adoption of this document should be made a part of the official minutes of the District. Attached is a copy of Form FmHA 1942- 31, Association Water or Sewer System Agreement for your review. You will be required to execute a completed form at the time of grant. closing. 18. The District agrees that, in the event of deficiencies in development, design, or construction of the project or any part thereof, the District will take the required administrative or legal action to secure financial compensation from the engineer, contractor or attorney as appropriate for any necessary cost to restore the project or defective part to a level of service equal to that expected for normal design and /or construction and legal services ". 19. The District will obtain a wastewater treatment contract from the County of Harnett that will provide for the treatment of the wastewater from the Bun'nlevel Community Project. This contract is to be prepared and approved by Farmers Home Administration prior to loan closing or start of construction whichever occurs first. 20. All applicable items set out in Form FmHA 442 -13, Processing Checklist, Public Body, apply to this project and become apart of the Letter of Conditions. Sincerely, 7)JACKIE E. MCLAMB District Director Enclosures Form FHA 442-46 (Rev. 1 -9 -69) UNITED STATES DEPARTMENT OF AGRICULTURE FARMERS HOME ADMINISTRATION LETTER OF INTENT TO MEET CONDITIONS TO: Farmers Home Administration United States Department of Agriculture 4001 Carya Drive, Suite E Raleigh, NC 27610 (County Office Address) .6u.wt etc,. -t �6lcu CCi UuA Date JANUARY 3, 1989 We have reviewed and understand the conditions set forth in your letter dated December 12, 1989 It is our intent to meet all of them not later than Oct oher 1, 1989 BECAUSE OF RECENTLY PASSED LEGISLATION, SOUTH CENTRAL WATER & SEWER DISTRICT ELECTS TO HAVE THE INTEREST RATE CHARGED BY F7nHA TO BE THE LOWER OF THE RATE IN EFFECT AT EITHER THE TIME OF LOAN APPROVAL OR LOAN CLOSING. SOUTH CENTRAL WATFR & SFWRR DISTRICT (Name of Association) BY CIIA1 R "IAN (TitIe) Form FmHA 1942 -31 (4 -85) UNITED STATES DEPARTMENT OF AGRICULTURE FARMERS HOME ADMINISTRATION ASSOCIATION WATER OR SEWER SYSTEM GRANT AGREEMENT FORM APPROVED OM R No. OS 75 -0074 Expiration date available upon request. THIS AGREEMENT dated_ January 3 South Central Water & Sewer District -., 19 89 _ , between .___ a public corporation organized and operating under and General Sta [u[es of the State of North Carolina (Authorizing Statute) herein called "Grantee," and the United States of America acting through the Farmers Home Administration, Department of Agriculture, herein called "Grantor,' WITNESSETH: WHEREAS Grantee has determined to undertake a project of acquisition, construction, enlargement, or capital improvement of a (water) (sewer) system to serve the area under its jurisdiction at an estimated cost of S -_1 , 160 =900 and has duly authorized the undertaking of such project. Grantee is able to finance not more than s _789•900 ___ of the development costs through revenues, charges, taxes or assessments, or funds otherwise available to Grantee resulting in a reasonable user charge. Said sum of S 789 900 has been committed to and by Grantee for such project development costs. Grantor has agreed to grant the Grantee a sum not to exceed S. 7.1.190P____ or _31_96.____ percent of said develop- ment costs, whichever is the lesser, subject to the terms and conditions established by the Grantor. Provided, however, that the proportionate share of any grant funds actually advanced and not needed for grant purposes shall be returned immediately to the Grantor. The Grantor may terminate the grant in whole, or in part, at any time before the date of completion, when- ever it is determined that the Grantee has failed to comply with the conditions of the grant. NOW, THEREFORE, In consideration of said grant by Grantor to Grantee, to be made pursuant to Section 306 (a) of the Consolidated Farm and Rural Development Act for the purpose only of defraying a part not to exceed 31_90 - percent of the development costs, as defined by applicable Farmers Home Administration instructions. GRANTEE AGREES THAT GRANTEE WILL: A. Cause said project to be constructed within the total sums available to it, including said grant, in accordance with the project plans and specifications and any modifications thereof prepared by Grantee and approved by Grantor. B. Permit periodic inspection of the construction by a representative of Grantor during construction. C. Comply with all applicable state and federal laws and regulations and manage. operate and maintain the system, includ- ing this project if less than the whole of said system, continuously in an efficient and economical manner. D. Make the services of said system available within its capacity to all persons in Grantee's service area without discrirnina- tion as to race, color, religion, sex, national origin, age, marital status, or physical or mental handicap (possess capacity to enter into legal contract for services) at reasonable charges, including assessments, taxes, or fen in accordance with a schedule of such charges, whether for one or more classes of service, adopted by resolution date _lanuarg_3_ , 19 88—, as may be modified from time to time by Grantee. The initial rate schedule must be approved by Grantor. Thereafter, Grantee may make such modifications to the rate system as long as the rate schedule remains reasonable and nondiscriminatory. The Information collected through the grant agreement Is required to obtain • construction development gran and Is used to d.rwmin• that the grant funds are used for •uthorired program purposes. E. Adjust its operating costs and service charges from time to time to provide for adequate operation and maintenance, emergency repair reserves, obsolescence reserves, debt service and debt service reserves. F. Expand its system from tine to time to meet reasonably anticipated growth or service requirements in the area within its jurisdiction. G. Provide Grantor with such periodic reports as it may require and permit periodic inspection of its operations by a representative of the Granror. H. To execute Forms FmHA 400 -1, "Equal Opportunity Agreement." and FmHA 400 -4, "Assurance Agreement," and any other agreements required by Grantor which Grantee is legally authorized to execute. If any such forms have been executed by Grantee as a result of a loan being made to Grantee by Grantor contemporaneously with the making of this Grant, another form of the same type need not be executed in connection with this Grant. 1. Upon any default under its representations or agreements set forth in this instrument, or in the instrutnents incident to the awarding of the grant, Grantee, at the option and demand of Grantor, to the extent legally permissible, will repay to grantor forthwith the original amount of the grant received with the interest accruing thereon from the date of default at the market rate for water and waste disposal loan assistance in effect on the date hereof or at the time the default occurred, whichever is greater. Default by the Grantee will constitute termination of the grant thereby causing cancellation of Federal assistance under the grant. The provisions of this Grant Agreement may be enforced by Grantor, at its option and without regard to prior waivers by it of previous defaults of Grantee. by judicial proceedings to require specific performance of the terms of this Grant Agreement or by such other proceedings in law or equity, in either Federal or State courts, as may be deemed necessary by Grantor to assure compliance with the provisions of this Grant Agreement and the laws and regula- tions under which this grant is made. J. Return immediately to Grantor, as required by the regulations of Grantor, any grant funds actually advanced and not needed by Grantee for approved purposes. K. Use the real property including land, land improvements, structures, and appurtenances thereto, for authorized pur- poses of the grant as long as needed. 1. Tide to real property shall vest in the recipient .subject to the condition that the Grantee shall use the real property for the authorized purpose of the original grant as long as needed. 2. The Grantee shall obtain approval by the Grantor agency for the use of the real property in other projects when the Grantee determines that the property is no longer needed for the original grant purposes. Use in other projects shall be limited to those under other Federal grant programs or programs that have purposes consistent with those authorized for support by the Grantor. 3. When the real property is no longer needed as provided in 1 and 2 above, the Grantee shall request disposition instructions from the Grantor agency or its successor Federal agency. The Grantor agency shall observe the following rules in the disposition instructions: (a) The Grantor may be permitted to retain title after it compensates the Federal Government in an amount com- puted by applying the Federal percentage of participation in the cost of the original project to the fair market value of the property. (b) The Grantee may be directed to sell the property under guidelines provided by the Grantor agency and pay the Federal Government an amount computed by applying the Federal percentage of participation in the cost of the original project to the proceeds from sale (alter deducting actual and reasonable selling and fix -up expenses. if any, from the sale proceeds). When the Grantee is authorized or required to sell the property, proper sales procedures shall be established that provide for competition to the extent practicable and result in the highest possible return. (c) The Grantee may be directed to transfer title to the property to the Federal Government provided that in such cases the Grantee shall be entitled to compensation computed by applying the Grantee's percentage of participation in the cost of the program or project to the current fair market value of the property. This Grant Agreement covers the following described real property (use continuation sheets as necessary). All Rights —of —Ways or Easements that are obtained by the District by negotiations, condemination, or purchase of existing systems; pump sites and meter vault site. 166 L. Abide by the following conditions pertaining to nonexpendable personal property which is furnished by the Grantor or acquired wholly or in part with grant funds. Nonexpendable personal property means tangible personal property having a useful life of more than one year and an acquisition cost of 3300 or more per unit. A Grantee may use its own definition of nonexpendable personal property provided such definition would at least include all tangible personal property as defined above. 1. Use of nonexpendable property. (a) The Grantee shall use the property in the project for which it was acquired as long as needed. When no longer needed for the original project, the Grantee shall use the property in connection with its other Federally sponsored activities, if any, in the following order of priority: (1) Activities sponsored by the FmHA. (2) Activities sponsored by other Federal agencies. (b) During the time that nonexpendable personal property is held for use on the project for which it was acquired, the Grantee shall make it available for use on ocher projects if such other use will not interfere with the work on the project for which the property was originally acquired. First preference for such other use shall be given to FmHA sponsored projects. Second preference will be given to other Federally sponsored projects. 2. Disposition of nonexpendable property. When the Grantee no longer needs the property as provided in paragraph (a) above, the property may be used for other activities in accordance with the following standards: (a) Nonexpendable property with a unit acquisition cost of less than 31,000. The Grantee may use the property for other activities without reimbursement to the Federal Government or sell the property and retain the proceeds. (b) Nonexpendable personal property with a unit acquisition cost of 31,000 or mare. The Grantee may retain the property for other uses provided that compensation is made to the original Grantor agency or its successor. The amount of compensation shall be computed by applying the percentage of Federal participation in the cost of the original project or program to the current fair market value of the property. If the Grantee has no need for the prop- erty and the property has further use value, the Grantee shall request disposition instructions from the original Grantor agency. The Grantor agency shall determine whether the property can be used to meet the agency's requirements. If no require- ment exists within that agency, the availability of the property shall be reported, in accordance with the guidelines of the Federal Property Management Regulations (FPMR), to the General Services Administration by the Grantor agency to determine whether a requirement for the property exists in other Federal agencies. The Grantor agency shall issue instructions to the Grantee no later than 120 days after the Grantee request and the following procedures shall govern: (1) If so instructed or if disposition instructions are not issued within 120 calendar days after the Grantee's request, the Grantee shall sell the property and reimburse the Grantor agency an amount computed by applying to the sales proceeds the percentage of Federal participation in the cast of the original project or program. How- ever, the Grantee shall be permitted to deduct and retain from the Federal share $100 or ten percent of the proceeds, whichever is greater, for the Grantee's selling and handling expenses. (2) If the Grantee is instructed to ship the property elsewhere the Grantee shall be reimbursed by the benefitting Federal agency with an amount which is computed by applying the percentage of the Grantee participation in the cost of the original grant project or program to the current fair market value of the property, plus any reasonable shipping or interim storage costs incurred. (3) If the Grantee is instructed to otherwise dispose of the property, the Grantee shall be reimbursed by the Grantor agency for such costs incurred in its disposition. 3. The Grantee's property management standards for nonexpendable personal property shall also include: (a) Property records which accurately provide for: a description of the property; manufacturer's serial number or other identification number; acquisition date and cost; source of the property; percentage (at the end of budget year) of Federal participation in the cost of the project for which the property was acquired; location, use and condition of the property and the date the information was reported; and ultimate disposition data including sales price or the method used to determine current fair market value if the Grantee reimburses the Grantor for its share. (b) A physical inventory of property shall be taken and the results reconciled with the property records at least once every two years to verify the existence, current utilization, and continued need for the property. (c) A control system shall be in effect to insure adequate safeguards to prevent loss, damage, or theft of the prop- erty. Any loss, damage, or theft of nonexpendable property shall be investigated and fully documented. (d) Adequate maintenance procedures shall be implemented to keep the property in good condition. (e) Proper sales procedures shall be established for unneeded property which would provide for competition to the extent practicable and result in the highest possible return. This Grant Agreement covers the following described nonexpendable property (use continuation sheets as necessary). All collection and transport lines, meter and meter vault, interceptor tanks,. S.T.E.P. pumps, etc., and all other facilities constructed or purchased by the District as a part of its sewer facility. • M. Provide Financial Management Systems which will include: 1. Accurate, current, and complete disclosure of the financial results of each grant. Financial reporting will be on an accrual basis. 2. Records which identify adequately the source and application of funds for grant-supported activities. Those records shall contain information pertaining to grant awards and authorizations, obligations,lunobligatcd balances, assets, liabilities, outlays, and income. 3. Effective control over and accountability for, all funds, property and other assets. Grantees shall adequately safe- guard all such assets and shall assure that they are used solely for authorized purposes. ' 4. Accounting records supported by source documentation. N. Retain financial records, supporting documents, statistical records, and all other records pertinent to the grant for a period of at least three .years after grant closing except that the records shall be retained beyond the three -year period if audit findings have not been resolved. Microfilm copies may be substituted in lieu of original records. The Grantor and the Comptroller General of the United States, or any of their duly authorized representatives, shall have access to any books, documents, papers, and records of the Grantee's government which arc pertinent to the specific grant program for the purpose of making audits, examinations, excerpts and transcripts. O. Provide information as requested by the Grantor to determine the need for and complete any necessary Environ- mental Impact Statements. P. Provide an audit report prepared in sufficient detail to allow the Grantor to determine that funds have been used in compliance with the proposal, any applicable laws and regulations and this Agreement. Q. Agree to account for and to return to Grantor interest earned on grant funds pending their disbursement for program purposes when the Grantee is a unit of local government or a nonprofit organization. States and agencies or instrumentali- ties of states shalt not be held accountable for interest earned on grant funds pending their disbursement. R. Not encumber, transfer or dispose of the property or any part thereof, furnished by the Grantor or acquired wholly or in part with Grantor funds without the written consent of the Grantor except as provided in items K and L above. S. Include in all contracts for construction or repair a provision for compliance with the Copeland"Anti-Kick Back" Act (18- U.S.C. 874) as supplemented in Department of Labor regulations (29 CFR, Part 3). The Grantee shall report all suspected or reported violations to the Grantor. T. In construction contracts in excess of 32,000 and in other contracts in excess of 32,500 which involve the employ- ment of mechanics or laborers, to include a provision For compliance with Sections 103 and 107 of the Contract Work Hours and Safety Standards Act (40 U.S.C. 327 -330) as supplemented by Department of Labor regulations (29 CFR, Part 5). U. To include in all contracts in excess of 3100,000 a- provision that the contractor agrees to comply with all the require- ments of Section 114 of the Clean Air Act (42 U.S.C. §1875C -9) and Section 308 of the Water Pollution Control Act (33 U.S.C. §1318) relating to inspection, monitoring, entry, reports, and information, as well as all other requirements specified in Section 114 of the Clean Air Act and Section 308 of the Water Pollution Control Act and all regulations and guidelines issued thereunder after the award of the contract. Such regulations and guidelines can be found in 40 CFR 15.4 and 40 FR 17126 dated April 16, 1975. In so doing the Contractor further agrees: 1. As a condition for the award of contract, to notify the Owner of the receipt of any communication from the Environ- mental Protection Agency (EPA) indicating that a facility to be utilized in the performance of the contract is under consideration to be listed an the EPA list of Violating Facilities. Prompt notification is required prior to contract award. 2. To certify that any facility to be utilized in the performance of any nonexempt contractor subcontract is not listed on the EPA list of Violating Facilities pursuant to 40 CFR 15.20 as of the date of contract award. 3. To include or cause to be included the above criteria and the requirements in every nonexempt subcontract and that the Contractor will take such .aetion as the Government may direct as a means of enforcing such provisions. 167 As used in these paragraphs the term "facility" means any building plan. installation, structure, mine, vessel or other floating craft. location, or site of operations, owned, leased, or supervised by a Grantee. cooperator, contractor, or subcontractor, to be utilized in the performance of a grant, agreement. contract, subgrant or subcontract. Where a location or site of operation contains or includes more than one building, plant, installation, or structure, the entire location shall be deemed to be a facility except where the Director, Office of Federal Activities, Environmental Protection Agency, determines that inde- pendent facilities are co- located in one geographical area. V. The following clause is applicable to nonprofit organizations: As a condition of this Grant or Cooperative Agreement, the recipient assures and certifies that it is in compliance with and will comply in the course of the Agreement with all applicable laws, regulations, Executive Orders and other generally applicable requirements, including those set out in 7 CFR 3015.2 0504 which hereby are incor- porated in this Agreement by reference, and such statutory provisions as are specifically set forth herein. GRANTOR AGREES THAT IT: A. Will make available to Grantee for the purpose of this Agreement not to exceed t 371 , 000.00 which it will advance to Grantee to meet not to exceed _31_96 percent of the development costs of the project in accor- dance with the actual needs of Grantee as determined by Grantor. B. Will assist Grantee, within available appropriations. with such technical assistance as Grantor deems appropriate in planning the project and coordinating the plan with local official comprehensive plans for sewer and water and with any State or area plans for the area in which the project is located. - -. -- —. -- - . .. a.-yuucu as rung as needed. wnen no Longer needed for the original orojecr, the Grantee shalt use the property in connection with its other Federally sponsored activities, if any, in the ' wing order of priority: . C. At its sole discretion and at any time may give any consent, deferment, subordination, release, tatisfactinn, or termina- ' tion of any or all of Grantee's grant obligations, with or without valuable consideration, 'upon such terms and conditions as " Grantor may determine to be (1) advisable to further the pdr pose of the grant or to protect Grantor's financial interest. ii therein and (2) consistent with both the statutory purposes of the grant and the limuations of the statutory authority under y,4 ,i which it is made. +, 4......;{..A........1....... S r '+ F ;+;' s' tf r](- K! t �a C y }e }.: TERMINATION OF THIS AGREEMENT x� ' E' asi F "s' I 's1 i 1, V�! .I This Agreement may be terminated for cause in the event of default on the part of the pt rantee as provided in paragraph 1� . above or for convenience of the Grantor and Grantee prior to -the date of completion of the grant purpose. Termination fiat- convenience will occur when both the Grantee and Grantorvagree that the cbntinuaiion Of the project will not roduce beneficial results commensurate with the further expenditure of (ands. sk s >:; '? 0 . f rte. — IN WITNESS WHEREOF Grantee on the date first above written has caused these presence to be executed by its duly,. authorized _ boatman_ and attested and its corporated seal affixed by its duly authorized Clerk ' ATTEST: By Clerk (Title) Form FmfiA 400-1 (Rev. 7- 19-83) By __Ch�.ir.7Ran__ • '(Title) UNITED STATES OF AMERICA FARMERS HOME ADMINISTRATION District Director UNITED STATES DEPARTMENT OF AGRICULTURE FARMERS HOME ADMINISTRATION EQUAL OPPORTUNITY AGREEMENT This agreement, dated January 3, 1989 FORM APPROVED OMB No. 0575 -0018 APPROVAL EXPIRES 4/84 between South Central Water & Sewer District _-___.--.-,-_.........._.._.........._.._......_ .............. _.._....__.._.._..__. ....... __. .(herein called "Recipient" whether one or more) and the Farmers Home Administration, United States Department of Agriculture, pursuant to the rules and regulations of the Secretary of Labor (herein called the 'Secretary') issued under the authority of Executive Order 11246, as amended, witnesseth: In consideration of financial assistance (whether by a loan, grant, loan guaranty, or other form of financial assistance) made or to be made by the Farmers Home Administration to Recipient, Recipient hereby agrees, if the cash cost of construction work performed by Recipient or a construction contract financed with such financial assistance exceeds 510,000 -- unless exempted by rules, regulations or orders of the Secretary of Labor issued persuant to Section 204 of Executive Order 11246 of September 24, 1965. 1. To incorporate or cause to be incorporated into any contract for construction work, or modification thereof, subject to the relevant rules, regulations, and orders of the Secretary or of any prior authority that remain in effect, which is paid for in whole or in part with the aid of such financial assistance, the following "Equal Opportunity Clause ": During the performance of this contract, the contractor agrees as follows: (a) The contractor will not discriminate against any employee or applicant for employment because of race, color, religion, sex or national origin- The contractor will take affirmative action to ensure that applicants are employed, and that employees are treated during employment, without regard to their race, color, religion, sex or national origin. Such action shall include, but not be limited, to the following: employment, upgrading, demotion or transfer; recruitment or recruitment advertising; layoff or termination; rates of pay or other forms of compensation; and selection for training, including apprenticeship. The contractor agrees to post in conspicuous places, available to employees and applicants for employment, notices to be provided by the Farmers Home Administration setting forth the provisions of this nondiscrimination clause. (b) The contractor will, in all 'solicitations o. advertisements for employees placed by or on behalf of the connector, state that all qualified applicants will receive consideration for employment without regard to race, color, religion, sex or national origin. (c) The contractor will send to each labor union or representative of workers with which he has a collective bargaining agreement or other contract or understanding, a notice, to be provided by the Farmers Home Administration, advising the said labor union or workers' representative of the contractor's commitments under this agreement as required pursuant to section 202(3)— of Executive Order 11246 of September 24, 1965, and shall post copies of the notice in conspicuous places available to employees and applicants for employment. (d) The contractor will comply with all provisions of Executive Order 11246 of September 24, 1965, and of all rules, regulations and relevant orders of the Secretary of Labor and of any prior authority which remain in effect. (e) The contractor will furnish all information and reports required by Executive Order 11246 of September 24, 1965, rules, regulations, and orders, or pursuant thereto, and will permit access to his books, records, and accounts by the Farmers Home Administration, Office of Equal Opportunity, U. S. Department of Agriculture, and the Secretary of Labor for purposes of investigation to ascertain compliance with such rules, regulations, and orders. (O In the event of the contractor's noncompliance with the Equal Opportunity (Federally Assisted Construction) clause or with any of the said toles, regulations, or ordes, this contract may be cancelled, terminated, or suspended in whole or in part and the contractor may be declared ineligible for further Government Contracts or Federally Assisted construction contracts in accordance with procedures authorized in Executive Order No. 11246 of September 24, 1965, and such other sanctions may be imposed and remedies invoked as provided in Executive Order No. 11246 of September 24, 1965, or by rule, regulation or order of the Secretary of Labor. or as provided by Law. 168 S Jli -r_. 1 =5 (g) The contractor will include the provisions of this Equal Opportunity (Federally Assisted Construction) clause in every subcontract or purchase order, unless exempted by the rules, regulations, or orders of the Secretary of Labor issued pursuant to Section 204 of. Executive Order No. 11246 of September 24, 1965, so that such provisions will be binding upon each such subcontractor or vendor- The contractor will take such action with respect to any subcontract or purchase order as the Farmers Home Administration may direct as a means of enforcing such provisions, including sanctions for noncompliance: Provided however that in the event the contractor becomes involved in, or is threatened with, litigation with a subcontractor or vendor as a result of such direction by the - Farmers Home Administration, the contractor may request the United States to enter into such litigation to protect the interest of the United States. 2. To be bound by the provisions of the Equal Opportunity Clause in construction work performed by. Recipient and paid for in whole or in part with the aid of such financial. assistance. 3. To .notify all prospective contractors to. tile the required 'Compliance Statement', Form FHA 400 -6, with their bids.' 4. Form -AD -425, Instructions to Conttactors, will accompany the notice of award of the contract. Bid conditions for all nonexempt Federal and Federally assisted construction contracts require inclusion of the appropriate "Hometown" or 'Imposed' -plan affirmative action and equal employment opportunity requirements. All bidders must comply With the bid conditions contained in the invitation to be considered responsible bidders and benoe eligible for-BO award. -. 5. To assist and cooperate actively with the Farmers Home A,dministretion and the Secretary y -in obtaining the compliance . of - contractors and subcontractors with the .provisions of the Equal Opportunity Clause and the said rules, regulations, and orders, '• to 'obtain, and furnish to the Farmers Home Administration and the Secretary, Form AD -560, Certification of Nonsegregated Facilities, to submit the Monthly Employment Utilization Report, Form CC -257, as. required and with other information as they may require the supervision of such compliance, and to otherwise assist the Farmers Home Administra- tion in the discharge of its primary responsibility for-securing compliance. • 6.. To refrain from entering into any contract, or extension or other modification of a contract, subject to such Executive Order with a contractor debarred from.Govemmertt. contracts or federally. assisted construction contracts pursuant to Part II, • - 'Subpart D., of such Executive Order or to prior authority; and to carry out such sanctions and penalties for violation of the provisions: of the. Equal Opportunity Clause as may be imposed upon contractors and subcontractors' by the Fanners Home Administration or the Secretary pursuant to such Subpart D. 7. That if Recipient fails or refuses to comply with these undertakings, the Fanners Home Administration may take any or all of the following actions: (a) cancel, terminate, or suspend said financial assistance in whole or in part;(b) refrain "from extending any further assistance under the program involved until satisfactory assurance of future compliance has been received from Recipient; and (c) refer the case to the Office of Equal Opportunity, 11. S. Department of Agriculture for appropriate action. _. .. Witness the due execution hereof by Recipient on this, the date first above written. Recipient (CORPORATE SEAL.) Attest: Clerk XRXWMW fj Recipient South Central Water & Sewer District Name of Corporate Recipient By Chairman Pkd'sxd'eIK -LASO NUMULH TYPE OF LOAN AND/OR GRAN f: ' 1- Domestic water System 6- cooperatives O O L- Wasto Disposal Systems � ]- Indian Tribes or Tribal Cmpordtione -- I _X_A Sewage Collection IJ 9 -AC6m n 9• Watershed IPL`5661 �e Sewage r reatment ❑ 1 DFIOOU Prevention (PL-534 I �C 501,0 Waste 0 soosal X11 -co nmunily Facilities _ —D Storm Drainage 01 2- ' r 1 Grants (PL-92-4101 - - []i 3.e &I (insured) 3- Recreation G4- c,d„nn • 0 55. IrY.s Il t , 'rain:I : r Dtbr.r Soil • PunSrvra!,nn 4.,.•.. FINANCE USE ONLY ST 38 CO 043. 'BORROWED NO.. ' 0561510798 LN CR FY Source of Funds 111 t-Insured El 2- Direct MA DP Type0 Submission: - DO 1 Iniiel El 2- Subsequent Type of 'Assistance: . 0 Leen - ctO 2 - Grant '(S] 3 -.Loon B. Grant Land S6ii led: - Aaes in Project Recreational Visitor Day Capacity. Annual Number al users directly benefiting I this action: r g.mm cesidemial 146 Other 8 Type of Organizetran: ® 1 -.DOTE CJ 2 -Npo-TE Date of Application: Date Load and /or Grant Approves: NAME OF APPLICANT: SOUTH CENTRAL WATER AND. SEWER DISTP.ICT ADDRESS: - PC BOX 759, LILLINCTON, NC 27546 NAME OE COUNTY: HARNETT ITEM - • y - L AMOUNTS IN HUNDRED OF DOLLARS) CASH CONTRIBUTION EPA OTHER FHA GRANT FHA LOAN TOTALS I. Development 0 i 0 15 i. 8' I G 8 1 .1 1 0� 3 L S 7 0 o o 0 1 o 9 1 5 o 1 0 2. Land 'red Rights I,0 1 0 I 1 0' o I 0 1 0 3 r' t 0 1 0 3 0 I 0 1 0 3. Legal:Services . 0 1 0 -i_ I 1 0 1 0 I 1 I I I - D p I i 11 0 1 0 1 i) ^ 0 p I 4. Archil } al rcl..' one Plann,ng5ervice 1 - 1 I i 1 !% : 0 0 1 G !� i 1 I j 3 4 U 1 l 0 1 0 1 I ? - _ I t 0 1 0 r - _ r 0 1 , 1 0 1 0 S.Imeresi 0 0 1 1 I.° G I .1-11 I 0 1 0 1 ~ I r; U! 0 1 i 0, 0 6. Equipment , 0 t 0 ; I 1 0 1 0 1 0 � 0 1 7 0 a' 0 1 - 1 0 1 0 , .. 7. Contingencies r----r I � .' 0 1 a , - ! 0 1 0 o 1 I o I o I c a S. Refinancing I I. r 0 I 0 I_ "- ! a I a y - o o 0 a I 0 1 0: 0 I 1 9. Initial .0 &M' - ' 0, 0 1 1 0, U I 10T I 0 i 0 � : 01 0 I 10- Initial Reserve - I O I O I I T 11— 1 ' 0' 0 1 0 0 ! 0, 0 0 1 0 11.TOTAL ' - 1 8 1 1 0 I (Tr 1 l 5 8 1 8101 a I I 3 I' 7 1 0 I0 o I 1 n 1 O 0 0 I I 1 1 6 G 01 0 9 I a U.S. GPO:19 81 4 7 6 5-01311 5 31 FHA 442-14 (Re . 11- 15 -73) 16 USDA -FmHA Form FmHA 4004 (Rev. 8- 29 -79) Position 3 IWO ASSURANCE AGREEMENT (Under Title VI, Cisil Rights Act of 1964) The __._ _....____South Central Water & Sewer District ._...._.._..._...__._ (name of recipient) ,_.P. O. Box 759,._ Lillington, NC 27546 (address) ( "Recipient" herein) hereby assures the U. S. Department of Agriculture that Recipient is in compliance with and will continue to comply with Title VI of the Civil Rights Act of 1964 (42 USC 2000d et. seq.), 7 CFR Part 15, and Farmers Home Administration regulations promulgated thereunder, 7 C.F.R. 41901.202. In accordance with that Act and the regulations referred to above, Recipient agrees that in connection with any program or activity for which Recipient receives Federal financial assistance (as such term is defined in 7 C.F.R. 414.2) no person in the United States shall, on the ground of race, color, or national origin, be excluded from participation in, be denied the benefits of, or be otherwise subjected to discrimination. 1. Recipient agrees that any transfer of any aided facility, other than personal property, by sale, lease or other conveyance of-contract, shall be, and shall be made expressly, subject to the obligations of this agreement and transferee's assumption thereof. 2. Recipient shall: (a) Keep such records and submit to the Government such timely. complete, and accurate information as the Government may determine to be necessary to ascertain our /my compliance with this agreement and the regulations. (b) Permit access by authorized employees of the Farmers Home Administration or the U.S. Department of Agriculture during normal business hours to such books, records, accounts and other sources of information and its facilities as may be pertinent to ascertaining such compliance. (c) Make available to users, participants, beneficiaries and other interested persons such information regarding the provisions of this agreement and the regulations, and in such manner as the Farmers Home Administration or the U.S. Department of Agriculture finds necessary to inform such persons of the protection assured them against discrimination. 3. The obligations of this agreement shall continue: (a) As to any real property, including any structure, acquired or improved with the aid of the Federal financial assistance, so long as such real property is used for the purpose for which the Federal financial assistance is made or for another purpose which affords similar services or benefits, or for as long as the Recipient retains ownership or possession of the properly, whichever is longer. (b) As to any personal property acquired or improved with the aid of the Federal financial assistance, so long as Recipient retains ownership or possession of the property. (c) As to any other aided facility or activity, until the last advance of funds under the loan or grant has been made. 4. Upon any breach or violation of this agreement the Government may, at its option: (a) Terminate or refuse to render or continue financial assistance for the aid of the property, facility, project, service or activity. (b) Enforce this agreement by suit for specific performance or by any other available remedy under the laws of the United Slates or the State in which the breach or violation occurs. Rights and remedies provided for under this agreement shall be cumulative. In witness whereof, __ South Central Water & Sewer District Thorne or recipient) on this date has caused this agreement to be executed by its duly authorized officers and its seal affixed hereto. or. if a natural person. has hereunto executed this agreement. (S E A L) Clerk South Central Water & Sewer & District January 3z 1989 Recipient ......__...Date_ date Title Chairman 170 USDA -FmHA. Farm FmHA 1940 -1 (Rev. 2 -86) REQUEST FOR OBLIGATION OF FUNDS YPMI�IYAL12EptL1ik TYPE INSPACESMA10EDii'.k�52%i'�)� 'moo l 4 wp fl, ,„, ibmsy ffuu2iil,ds#1tlabh Itans.YP, tlxU 40. $ 0 Ft.N 8isbs 1. CASE NO. St Co Borrower's ID 356 316 0 1 51110171 1 1 4 1 1 0 1 1 1 l 9 1 8 1 s.LOA14 NO " 'ss ar yam' 3 I} Pt$t7}t),YEAR i -.1 r. PlrYdwa OflTCe+antr�.,�.; ' 2. BORROWER NAME SOUTH CENTRAL W A T E R (1) 3. NO. NAME FIELDS 31(£, 2, or 3 from Item 2) & S E W E R D I S T R I C T O F 12) 4. STATE NAME N101RIT1H1 I CIA,R101L II 1NIA1 1 ill AI iti NlEI Ti ( 1 131 5. COUNTY NAME LIAI RINIEITITI i 1 1 1 1 1 1 1 va � la ' GENERAL &O RRDYER LOAN INFORMATION 1,1 *c% tCWet e.+ %5t?`v 6. RACE /ETHNIC CLASSIFICATION 11= White 2 =Black 3 =Al/AN 4 =Hispanic 5 =A /PI 7. SEX CODE 1 = Male 4 = Organization Male Owned 2 = Female 5 = Organization - Female Owned 61 3= Family Unit 6= Public Body 8. MARITAL STATUS 1- =Married 3 =Unmarried 12 =Separated 9. VETERAN CODE 11 =yes 2 =No 10. CREDIT REPORT 211 =Yes - 2 No 11. DIRECT PAYMENT 1= County Office 3 = No 312 = FinanceOffice 12. TYPE OF PAYMENT 1 = Monthly 3 = Semiannual 212= Annually 4 =Quarterly 13. FEE INSPECTION - 2( 1 =Yes 2 =No 14. INTEREST CREDIT 1 = Yes OEM & max Only) 12 =No 15. COMMUNITY SIZE 1 = 10,000 or less (SF£! & MFH Dnly) 12 = Over 10,000 rE. : ,, ,,....;°? 5;\COMPLETEcFOR;OBLIGATION.OF FUNDS.: ,r','. ':. ;*.��.,�,.,:7„c<4;. 18. TYPE OF ASSISTANCE 17. PURPOSE CODE 18. TYPE OF FUNDS 1 = Guaranteed - no Interest flat Buydown 2 - Insured 3 = Guaranteed - with Interest R or auydown 4= Guaranteed • Interest Rate 0 ydown Only 19. PERCENT OF LOAN GUARANTEED (Complete if Item 18 Equals I. 3 or 4) 19A. TERM OF INTEREST RATE BUYDOWN 1 = 1 Year 2 = 2 Year 3 = 3 Years 20. TYPE OF ACTION 1= Obligation Only 2 • Obligation /Check Request 3 = Correction of Obligation 21. TYPE OF SUBMISSION 22. AMOUNT OF LOAN t = Initial ( Enter Code 2 if subsequent loan associated $ - 11 2= Subsequent with Credit Sale or Assumption) 1 I 9 110 10[00'01 I I 23. AMOUNT OF GRANT $ I 317140101040/01 27. REPAYMENT TERMS 401 (Nn ofYears) 24. AMOUNT OF IMMEDIATE $ ADVANCE I 1 l I 1010101 25. DATE OF APPROVAL 26. INTEREST RATE MO OP. YR 1 1-1 1 1 -1 I 1 0, 5401010, 011 %1 xoSK.... ." „.,WGi;.as',WPtO'LETE..FOR SINGLE FAMILY HOUSING ONLY 28. INCOME CATEGORY CODES 1= Very Lows- 3 =Moderate 12 = Low 4= Above Moderate 29. LOW INCOME LIMIT -MAX. $ - 1 4 1 1 0 0 33. R. E. TAXES -.2nd YEAR $ • D 0 30; ADJUSTED FAMILY $ INCOME 0 0 0 34. NOTE INSTALLMENT $ INELIGIBLE 00 31. R. E. INSURANCE $ 4 I I 10101 32. R. E TAXES -1st YEAR $ 4 I 1 •DIOI 35. TYPE OF UNIT 1 = Farm Tract 12 = Non -Farm Tract 36. DWELLING CODE 1 = Build 3 = Purchase Old 5 = Repair 7 = Refinance-Repair 1 2 = Purchase New 4 of Refinance 6 = Purchase Old-Ropair a � ibA T .PL.T£`tORsCQMF.IUNITY4P,ROGRAM AND CERTAIN MULTIPLE•FAMI LY HOUSING, LOANS 37. TYPE OF APPLICANT 1 = Individual 3 = Corporation 5 = Ann. of Farmers 7 = Other 4( 2= Partnership 4= Public Body 6 = Organ. of Farm Workers 38. PROFIT TYPE 11 1 = Full Profit 2 -- Limited Profit 3 =Nom Profit ‘fisingS f';`•VialePLEtErfOR EM;LOANS ONLY,' tI i"'<v' ; /COMPLETE FOR. CREDIT SALE /ASSUMPTIONS ONLI': Y =+ 40. TYPE OF SALE 1 = Credit Sale Only 3 - Credit Sale /Subsequent Loan 12 = Assumption Only 4 = Assumption /Subsequent Loan 39. DISASTER DESIGNATION NUMBER - I rc._ cirri CERTIFICATION APPROVAL 41. COMMENTS AND REQUIREMENTS OF CERTIFYING OFFICIAL Loan Approval subject to the requirements of Letter of Conditions dated December 12, 1988; FmHA Instructions; Form FmHA -NC 442 -13, Processing Checklist; and Loan Closing Instructions issued by the Office of the General Counsel. 42. 1 HEREBY CERTIFY that 1 am unable to obtain sufficient credit elsewhere to finance my actual needs at reasonable rates and terns, taking into consideration prevailing private and cooperative rates and terns in or near my community for loans for similar purposes and periods of tinge. 1 agree to use, subject to and in accordance with regulations appli- cable to the type of assistance indicated above, and request payment of the sum specified herein. 1 agree to report to FniliA any material adverse changes, financial or otherwise, that occur prior to loan closing. I certify that no part of said sum has been received. I have reviewed the loan approval requirements and continents associated with this loan request and agree to comply with these provisions. (For SFH & FP loans at eligible terms only) If this loan is approved, I elect the interest rate to be charged on my FmHA loan to be the lower of the interest rate in effect at the time of loan approval or loan closing. If I check "NO ", the interest rate charged on my loan will be the rate specified in Item 26 of this form. YES NO WARNING: Date .Tanllary 3 Section 1001 of Title 18, United States Code provides: 'Whoever, in any matter within the jurisdiction of any department or agency of the United States knowingly and willfully falsifies, conceals or cowers up ... a material (act or makes any false, fictitious or fraudulent statements or representations, or makes or uses any false writing or document knowing the same to contain any false, fictitious or fraudulent statement or entry, shall he fined not more than $10,000 or imprisoned not more than 6 years, or both." 19 89 South Central Water & Sewer District Date 19 BY: ATTEST: (Signature of Applicant) Chairman (Signature of Co- Applicant) Clerk 43. I HEREBY CERTIFY that all of the committee and administrative determinations and certifications required by Farmers Home Administration regulations prerequisite W providing assistance of the type indicated above have been made and that evidence thereof is in the docket, and that all requirements of pertinent regulations have been complied with. I hereby approve the above - described assistance in the amount set forth above, and by this document, subject to the availability of funds, the Government agrees to advance such amount 10 the applicant for the purposes of and subject to conditions prescribed by Fanners Home Administration regulations applicable to this type of assistance. 171 Date Approved' Title: (Signature of Approving Official) 44. TO THE APPLICANT: As of this date this is notice that your application for the above financial assistance from the Farmers Home Administration has been approved, as indicated above, subject to avail- ability of funds and other conditions required by the Farmers Home Administration. If you have any questions contact the County Supervisor. USDA -FmHA Form FmHA 442-7 .(Rev. 8- 12.76) Position 3 OPERATING BUDGET FmHA 1940 -1 (REVERSE) Schedule 1 Name SOUTH CENTRAL WATER 8 SEWER DISTRICT AddresPO ROX 759, L LLINGTON Applicant Fiscal Year From JULY I To JUNE 30 County IIARNE.TT State (Including ZIP Code) NC 27546 OPERATING INCOME 1988 -89 19719 -90 19 19 First Full Ycar (1) (2) 11 036 (3) (4) (5) 33 138 I SEWER FEES 2. T.At' FEES 1 001 3. 4. 5. Miscellaneous 6. Less: Allowances and Deductions 7. Total Operating Income (Add Lines 1 through 6) OPERATING EXPENSES ( ) ( ) ( ) ( ) ( ) 11 '139 34 108 3 0.)0 v 500 350 r, tint) , O),) 8. Lab,: 9. Utilities 10. Maint 5 R9pairs 11. Soo-»' .. !s!C:s?ni ca 1; 400 P50 A')n 12. Office /Travel 13. Ins /Contracts 800 3 740 ;nn 1 inn 14.Treatmenc 15. Interest (FmHA) 16. Depreciation 17. Total Operating Expense (Add Lines 8 through 16) 18. NET OPERATING INCOME (LOSS) (Line 7 Tess 17) NONOPERATING INCOME 9 SSO 2 5.110 9 -11 11 450 5 22 900 32 050 54 150 <21 014> <20 042> 19. 20. 21. Total Nonoperating Income (Add 19 and 20) 22. NET INCOME (LOSS) (Add Lines 18 and 21) (transfer to line A Schedule 21 <21 014> <20 042> Budget and Projected Cash Flow Approved by Governing Body Attest- Secretary Dare AI-proprbre Official Dare 172 Schedule 2 PIROJ l ?('TED CAS I I' PI OW Resolution No: BE IT RESOLVED: That the Board of Commissioners of South Central Water & Sewer District accepts the conditions set forth in a Letter of Conditions dated December 12, 1988 and Form FmHA 1942 -47, Loan Resolution: That the Board of Commissioners approves as shown on Form FmHA 442 -7, Operating Budget; the proposed budget: That the Chairman and Clerk be authorized to execute all forms necessary to obtain a loan from rmHA, including, but not limited to the following forms: Form FmHA 1942 -47 Loan Resolution Form FmHA 442 -46 Letter of Intent Form FmHA 442 -7 Operating Budget Form FmHA 400 -4 Assurance Agreement Form FmHA 400 -1 Equal Opportunity Agreement Form FmHA 1940 -1 Request For Obligation of Funds That if the interest rate charged by FrnHA should be changed between this date and the date of actual loan approval, the Chairman and Clerk be authorized to execute new forms reflecting the current interest rate and revise payments as required by FmHA: That the Board of commissioners elects to have the interest rate charged by FmHA to be the lower of the rate in effect at either the time of loan approval or loan closing: The proposed rate schedule for sewer use in as follows.: Minimum $12.00 plus 3.00 /1000 gallons This resolution to become a part of the official minutes of the Board of Commissioners meeting held on January 3, 1989. ATTEST: BY: Chairman Clerk 19$$-89 19 R9 -90 — 19 19 First Full Year A. Line 22 from Schedule 1 Income (loss) ') Add B. Items in Operations not Requiring Cash: <21 (114: <20 042) 11 45t 22 900 1. Depreciation (line 16 Schedule 1) 2. Others• C. Caslt Provided From: 124 000 433 000 1. Proceeds from FmHA loan /grant 2. Proceeds from others 3. Increase (Decrease) in Accounts Payable, Accruals and other Current Liabilities 4. Decrease (Increase) in Accounts Receivable, Inventories Other Current Assets (Exclude Cash) 200 0110 39(1 811(1 and Other Sale of BAN - 191 000 5. = Applicant Contribution 18 100 6 3. Total all A, B and C Items E. Less: Cash Expended for: 533 100 809 236 2 858 387 000 742 0(1(1 1. All Construction, Equipment and New Capital Items (loan and Grant funds) 2. Replacement and Additions to Existing Property, Plant and Equipment 3. Principal Payment FmHA Loan 4. Principal Payment Other Loans other Repayment of BAN 1 1 000 1 775 2(15 1100 5. 6. Total E 1 through 5 Add P. Beginning Cash Balances G. Ending Cash Balances (Total of D Minus E 6 Plus F) item G Cash Balances Composed o(: 387 000 947 001) 2 775 0 46 100 0 S 146 100 S 8 116 $ $ S 83 $ 105 1110 c $ S $ Construction Account Revenue Account Debt Payment Account 0&M Account Reserve Account Funded Depreciation Account Others- 41 000 9 376 83 total - Agrees with Item G S 105 100 $ 8 334 S $ S 83 Resolution No: BE IT RESOLVED: That the Board of Commissioners of South Central Water & Sewer District accepts the conditions set forth in a Letter of Conditions dated December 12, 1988 and Form FmHA 1942 -47, Loan Resolution: That the Board of Commissioners approves as shown on Form FmHA 442 -7, Operating Budget; the proposed budget: That the Chairman and Clerk be authorized to execute all forms necessary to obtain a loan from rmHA, including, but not limited to the following forms: Form FmHA 1942 -47 Loan Resolution Form FmHA 442 -46 Letter of Intent Form FmHA 442 -7 Operating Budget Form FmHA 400 -4 Assurance Agreement Form FmHA 400 -1 Equal Opportunity Agreement Form FmHA 1940 -1 Request For Obligation of Funds That if the interest rate charged by FrnHA should be changed between this date and the date of actual loan approval, the Chairman and Clerk be authorized to execute new forms reflecting the current interest rate and revise payments as required by FmHA: That the Board of commissioners elects to have the interest rate charged by FmHA to be the lower of the rate in effect at either the time of loan approval or loan closing: The proposed rate schedule for sewer use in as follows.: Minimum $12.00 plus 3.00 /1000 gallons This resolution to become a part of the official minutes of the Board of Commissioners meeting held on January 3, 1989. ATTEST: BY: Chairman Clerk 173 DOCUMENT NO. 2. RESOLUTION AUTHORIZING EXECUTION OF LEGAL SERVICES AGREEMENT WHEREAS, The Harnett County Board of Commissioners, sitting as the governing body of the South Central Water and Sewer District of Harnett County (hereinafter "District "), has examined the Legal Services Agreement between the District and John M. Phelps, II, Attorney, attached hereto as Exhibit "A "; and WHEREAS, District desires to enter into said contract as provided; NOW, THEREFORE, BE IT RESOLVED, by the Harnett County Board of Commissioners, sitting as the governing body of the South Central Water and Sewer District of Harnett County, that: 1. South Central Water and Sewer District of Harnett County is . hereby authorized to and shall enter into the Legal Services Agreement attached hereto as Exhibit "A ". 2. The South Central Water and Sewer District of Harnett County and its officers and agents are hereby directed to execute said Legal Services Agreement. Duly adopted this the 3rd day of January, 1989, upon motion made by Commissioner Shaw Commissioner Collins vote: Ayes 5 Noes 0 ATTEST: By: Absent 0 , seconded by and passed by the following Abstained 0 HARNETT COUNTY BOARD OF COMMISSIONERS sitting as the governing body of the South Central Water and Sewer District of Harnett County L o d GL Stewart, Chairman Vanessa W. Young,0Clerk UNITED STATES DEPARTMENT OF AGRICULTURE Farmers Home Administration LEGAL SERVICES AGREEMENT This agreement made this 3rd day of January, 1989 between the South Central Water and Sewer District of Harnett County hereinafter referred to as "Owners" and John M. Phelps, II, Attorney at Law, of Lillington, North Carolina, hereinafter referred to as "Attorney ": WHEREAS, Owners have formed in Harnett County, North Carolina a water and sewer district pursuant to the provisions of N.C. Gen. Stat. $162A -86 et. seq. known as the South Central Water and Sewer District of Harnett County (hereinafter "District "); and WHEREAS, the Attorney agrees to perform all legal services necessary under the provisions of the applicable statutes and to perform all other customary legal services necessary to the organization, financing, construction and initial operation of a sewer collection system; W I T N E S S E T H: That for and in consideration of the mutual covenants and promises between the parties hereto, it is hereby agreed: 174 SECTION A - LEGAL SERVICES That the Attorney will perform such services as are necessary to accomplish the above recited objectives including, but not limited to, the following: 1. Preparation and filing of the necessary documents and supervision and assistance in the taking of such other actions as may be necessary or incidental to cause the Owners to become duly organized and incorporated and to be authorized to undertake the proposed system.• 2. Furnish advice and assistance to the governing body of the South Central Water and Sewer District of Harnett County in connection with (a) the notice for and conduct of meetings; (b) the preparation of minutes of meetings; (c) the preparation and enactment of such resolutions as may be necessary in connection with the authorization, financing, construction, and initial operation of the system; (d) the preparation of such affidavits, publication notices, ballots, reports, certifications, and other instruments and advice as may be needed in the conduct of such bond elections as may be necessary; (e) the preparation and completion of such bonds or other obligations as may be necessary to finance the system; (f) the completion and execution of documents for obtaining a loan made or insured or a grant made by the United States of America, acting through the Farmers Home Administration, U.S. Department of Agriculture; (g) entering into construction contracts; (h) preparation and adoption of By -Laws, Rules and Regulations, and rate schedules; (i) such other corporate action as may be necessary in connection with the financing, construction, and initial operation of the system. 3. Review of construction contracts, bid - letting procedure, and surety and'contractual bonds in connection therewith. 4. Preparation, negotiation, or review of contract with a sewer treatment facility when necessary. 5. Preparation, where necessary, and review of deeds, easements and other rights -of -way documents, and other instruments for sites for sewer treatment, pumping stations, treatment plants, and other facilities necessary to the system and to provide continuous rights -of -way therefor; rendering title opinions with reference thereto; and providing for the recordation thereof. 6. Obtain necessary permits and certificates from county and municipal bodies, from State regulatory agencies, and from other public or private sources with respect to the approval of the system, the construction and operation thereof, pipeline crossings, and the like. 7. Cooperate with the engineer with preparation of tract necessary title documents, treatment contracts, health other instruments. employed by Owners in connection sheets, easements, and other construction contracts, sewer permits, crossing permits, and 8. When applicable, secure assistance of and cooperate with recognized bond counsel in the preparation of the documents necessary for the financing aspects of the system. Where bond counsel is retained, the Attorney will not be responsible for the preparation and approval of those documents pertaining to the issuance of the Owner's obligations. SECTION B - COMPENSATION 1. Owners will pay to the. Attorney for professional services rendered in accordance herewith, fees in the amount of .$50.00 per hour. Said fees will be paid to the Attorney each month pursuant to regular statements presented by the Attorney. ATTEST fa,y.e.o.aaJ (1 (/1 14Aikiv -/ Vanessa W. Young), Clep7C John M. Phelps, II, Attorney HARNETT COUNTY BOARD OF COMMISSIONERS sitting as the governing body of the SOUTH CENTRAL WATER AND SEWER DISTRICT OF HARNETT COUNTY By: 4 ■ .9 ,J Lloy G. Stewart, Chairman