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AG 2014 09 15
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AG 2014 09 15
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Last modified
10/21/2014 3:05:30 PM
Creation date
11/27/2017 10:50:44 AM
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Template:
Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
9/15/2014
Board
Board of Commissioners
Meeting Type
Regular
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Award Identifying Number: <br />NEST Agreement Number: <br />for the purchase of Agricultural Land Easements by eligible State, Tribal or units of local government or <br />nongovernmental organizations and authorizes the Secretary of Agriculture to enter into agreements with <br />eligible entities. <br />IV. OBLIGATION OF FUNDS <br />A. Upon execution of this Cooperative Agreement, the United States shall obligate the sum on the <br />Notice of Award for the acquisition by the ENTITY of Agricultural Land Easements on the funded <br />Parcels listed on Attachment A. The ENTITY must close on the easement acquisition and request <br />payment of this amount in accordance with Section VII of this Cooperative Agreement before the dates in <br />Table 1. The ENTITY must request payment in accordance with Section VII of this Cooperative <br />Agreement. Should the Cooperating Entity not meet the Closing Deadline or the Payment Request <br />Deadline dates established in Table 1, any remaining funds may be de- obligated from this Cooperative <br />Agreement unless the agreement is extended as provided for in Section XI.A. <br />Table 1 <br />FY of Fund <br />Obli ation <br />Attachment <br />Listing Parcels <br />Closing <br />Deadline <br />Payment Request <br />Deadline <br />Attachment A <br />Expiration Date <br />2014 <br />A <br />March 31, 2016 <br />August 31, 2016 <br />September 30, 2016 <br />B. This Cooperative Agreement is the authorizing document that obligates CCC funds for the <br />acquisition of Agricultural Land Easements by the ENTITY. Attachment A to this Cooperative <br />Agreement specifies the properties on which FY 2014 CCC funds will be used within NORTH <br />CAROLINA and includes: <br />1. name of the landowner(s); <br />2. number of acres to be acquired; <br />3. the estimated Agricultural Land Easement value; <br />4. estimated Federal Contribution not to exceed 50 percent of the estimated Agricultural Land <br />Easement value, and p . <br />5. whether offered Parcels have been approved for funding, if a Parcel is listed but not <br />selected for funding the Parcel is a substitute Parcel. <br />C. Attachment A must include the Parcels selected for funding and any Parcels to be considered <br />for substitution under Section IX.C.12. of this Cooperative Agreement. Parcels not included in <br />Attachment A, either as a funded Parcel or a substitute, as of September 30, 2014 will not be eligible for <br />funding under this Cooperative Agreement. The Parties will not add additional Attachments listing <br />Parcels to this agreement. <br />D. However, nothing in this document obligates the United States or the ENTITY to purchase all <br />or any of the Agricultural Land Easement Parcels listed in the Attachment A. <br />V. FEDERAL CONTRIBUTION <br />The Federal Contribution provided by NRCS, also known as the Federal Share, for the acquisition <br />of each Agricultural Land Easement acquired by the ENTITY shall be an amount not to exceed 50 <br />percent of the fair market value of the Agricultural Land Easement as determined by the United States. <br />The Federal Contribution cannot be used for closing or related administrative costs incurred by the <br />ENTITY in acquiring the Agricultural Land Easement. The Federal Contribution for Parcels must be <br />NRCS Representative Initial <br />Recipient Representative Initial <br />Attachment number 1 <br />F -7 Page 158 <br />
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