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I ASSOCIATION WATER OR SEWER SYSTEM GRANT AGREEMENT THli AGREI~MENT dated .................................................................... ,19 .......,betweea ;i~ coIr~ITY O~ N.C. Genial Statutes a puMic corporation organized and operating unde~ ........................................................................................................ ' herein c~lled ff'Gr~ee" and the United States of America act ng through the Farmers Home Administration Department of A~cuhure, herein called "Grantor," WI~ESSETH: ~EREAS Grantee ha~ dete~ined to undertake a project of acquisition, censt~cdon, enlargement, or capital improvement of a (water) (~we0 ~y~t~m to se~e tbe area u.der iSs j~r~dktion at ~n estimated ~o~ of $ .................................. ~nfl h~ dul~ autbofized the undert~ing of such p~oject. Grantee is able to finance not more than g ................................. 9~fi~ ~0.00 of the development costs through revenues~ charges, 9,6~4~0.00 Sa~d sum of S .............................. has been committed to and by Grantee for such p~oject development costs. 1~42fi.~.00 12.89 ~id development costs, whichever ~ the lesser, subject to the terms and conditions established by tbe Grantor. ~rodded, however, tbat the proportlona~e shoe of any ~ant funds actually advanced and not needed for ~ant pu~oses shall be re* turned immediately to the Grantor. The Grantor may terra.ate the ~ant ~ whole~ or in part, at any time before the date of completion, whenever it is dete~h~ed that the Grantee has failed to comply ~tb thc condklons of the grant. NOW, THEREFORE, In consideration of sfid ~ant by Grantor to Gr~tee, to be made pursuant to Section 306 (a) of 12.89 the Consol~dated Farm and Rural Development Act for the purpose only of defraying a part not to exceed percent of the d~ve]opment costs, a~ defined by applicable Farmers Home Admlnisttation inst~ctlons. GRANTEE AGREES THAT GRANTEE WILL: A, Cause said project to be constructed witldn the total sums ava~able te it, including said ~ant, in accordance x~th the project plans and specifications a.nd any modifications thereof prepared by Grantee and approved by Grantor. C. Manage, operate and m~nta~n the xystem~ incl~dlng th~ project if less than the whol~ of $fid system, contlnuous]y D. Make the se~,kes of said system av~able w~dfin its capaci~ to ~l p~tson~ in Grantee's se~dce area ~thout di~cr~n~atlon ~ to tace~ co,or, religion, ~ex, natlona[ odg[n~ age, marital status~ or physlcM or ment~ handicap (posses~ ~th a ~chedule ofsucb charges, whether for one or ~nore classes of so.ce, aaopted by resolution date 19 ........as may be modified from time to t~e hy Gr~tee. The ~nkla] rate schedule must be approved by Grantor. There* nondi~c~n~nato~.