Town of PRINCETON  April 3, 2023  BOARD OF COMMISSIONERS - BOARD MEETING AGENDA  1. Call to order  2. Invocation and Pledge of Allegiance 3. Comments from Mayor and Commissioners 4. Adopt Agenda fori the April 3, 2023 Board Meeting  5. Adopt the Consent Agenda 6. Persons to be Heard 7. Report from Chief Sutton 8. Report from PWS Michael Hardie 9. Approve Amended Budget Calendar  a. Minutes for the March 6, 2023 Board Meeting b. Closed Session Minutes for the March 6, 2023  a. Cancel April 17th Meeting  b. Reschedule for Monday May 22 - 1:00pm to 5:00pm Cancel Regular Board Meeting. June 5th d. Reschedule for Monday June 12-7:00pm  10. Review for Adoption - Audit Contract with Thompson, Price, Scott & Adams Co., PA  11. Review for Adoption - TRC: 2023 Spring State Funding Resolutions  a. Princeton Radio Read Meter Installation and Princeton Sewer 1&1 Remediation  b. Princeton Stormwater Management Project  12. Town Administrator Report  13. Adjourn    5a  Town of Princeton Board Meeting 7:00 PMI March 6,2 2023  Present: Mayor Don Rains, Mayor Pro Tem Mike Rose, Commissioners Walter Martin, Broderick Others: TAI King, TC April Williamson, Assistant TC Emily Caughron, PWS Chad Thompson, PW Roger  Robinson, and Mike Holmes.  Peedin, Chief Sutton, Danielle Louvievre, Hope Doughtery, Charles Williams.  Mayor Rains called the meeting to order at 7:00PM.  Comm. Robinson gave the invocation and Chief Sutton lead the pledge of Allegiance Mayor Rains began the meeting with at few comments on a recent grant opportunity through the division of the environmental and water quality that was submitted by the town and was not awarded. He mentioned there were multiple reasons why we were not awarded but going forward we would focus on these reasons to submit and represent the best applications and receive future awards. Mayor Rains goes over other current projects going on and also goes over the opportunity we have for the future Princeton Community Building. Mayor Rains believes the town could start on the building sometime in the next year. Mayor Rains asked ifa anyone from the board had any comments and no one spoke at this time. TAI King does make the Mayor and Board aware that we have applied for a grant from Johnston County for $60,000 and we should find out more in about two months or so. Noi further discussion or comments were made, Mayor Rains asksi ift there is a motion to adopt the agenda for tonight's meeting including a closed session to discuss personnel issues, Comm. Martin makes a motion and Comm. Robinson seconds that motion. Motion passes unanimously. Mayor Rains asks ift there is a motion to adopt the consent agenda which is the minutes from last month's meeting (Feb 6, 2023) and also the closed session minutes, Comm. Martin makes the motion and Comm. Robinson seconds. Persons to be heard, Danielle from the Princeton Library is here to present to the board future ideas and things the Library wants to bring to the town when the new! building is built and they have more room to work with. Danielle does a copy oft the presentation for the board to follow along with. Danielle starts with just an update on each weeks story times themes and upcoming Easter activities. Mayor Rains lets her know that he appreciates all of the leadership and hard work: she has put in the last few months with Economic Development and the Library. Danielle states that they are very passionate about have the library and the weekly story times because they are continuing to grow and do hope when the new Community Building is built they can use that space to bring more to the table and continue to grow for the town. Hope Doughtery that is also there with Library states the hard work that Danielle has continued to do for the library and other activities is greatly appreciated and that they are here to present this because they do continue to grow and they want to have the space to keep doing that sO thati is where the new Community Building comes in for them to do so. Mayor Rains asks if there is Mayor Rains states that iti is now 7:22 PM and we can now begin the Public Hearing to consider the rezoning oft the! 5745 US Hwy 70A Parcel ID: 264200-49-1035 that were submitted by the Axiom Development LLC for use of storage for things like boats, RV'setc. TAI King reads the comments from the Planning Board meeting that was held February 24th 2023, these comments are attached to the packet. TAI King states from these comments that as of right now this would be a gravel parking lot only and  Motion passes unanimously.  anyone else that would like to address the board, no one speaks at this time.    5a  would be fenced in with al key-code gate. TAI King has spoken to NCDOT and there should be no impact today with the future 142 project. Mayor asks if there is anyone from the petitioning organization Axiom to speak, no one speaks at this time. Charles Williams asks where the exact location oft this will be, TA King responds. Mr. Williams also asks howi it was planning to work with being there and TAI King responds with the NCDOT: stating it would not impact the future project but we could also not deny the permit due to future projects. Mayor Rains states that they have met all oft the zoning and permit criteria. Mike Holmes makes a motion to approve the rezoning petition that was submitted and Mike Chief Sutton begins his monthly report with calls, arrest, and patrolling updates. Chief Sutton does go back over the gentleman that was discussed at the last meeting for the panhandling situation, Chief Suttons says that he has been dealt with us and the Sheriffs off multiple times. Theyl believe he isj just one of those people that will try to push rules and limits as far as he can. Chief Sutton states that he is not homeless and does a residence. The gentleman did go up to Town Hall one day to get a permit to continue his panhandling after the changes were made at thel last meeting but was unable to pay fori it. Comm. Holmes wanted to make Chief Sutton aware oft the driving he has noticed by multiple students in the morning time when hei is dropping off his son, he states that it is very dangerous and wanted to bringi it to attention sO1 the other officers on duty during that time can hopefully go out there during that time and patrol. Chief Sutton states that he will make the other guys aware and they will address it. The last thing Chief Sutton wanted to present was an update on the new hires, one of the new officersi is actually working night shift tonight and beginning his training and the other will begin Wednesday. Chief Sutton is very confident in how they will work the others and be good for the town and by the 20th of March they willl bei in the rotation full time and everything should be! back to normal. Chief Sutton has included in his packet the approval oft the SRO position and just wanted to make the board aware that that jobi is now good to advertise for hire. Chief Sutton asks if anyone has any further questions, mayor Pro Tem Mike Rose asks how the active shootert training is coming along and Chief Sutton says he has put it on hold due to the new hires and other things going on but he will get back on it and iti is PW Chad Thompson presents his monthly report with a few updates on what has been done. He does make thel board aware of him leaving the town at the end oft the month, TAI King presented thisi in an emaile earlier in the day but he wanted to make everyone aware that he appreciated the board and others during his time employed with thet town and that this was) just something he could not pass up. The board congratulated him and said they appreciated his work over the years and they were proud of seeing him grow. Chad does have the newest employee Roger Peedin with him to introduce himself to the board, he gives al brief overview of himself and is happy to have the opportunity to work with the Ac closed session will now begin to go over personnel issues, Comm. Holmes makes a motion and Comm.  Rose seconds the motion. Motion passes unanimously.  something that needs to be done.  town. Martin seconds.  The closed session has ended and Comm. Holmes make a motion to adjourn.  Don Rains, Mayor  Emily Caughron, Asst. Town Clerk    Maintenance Utility Department  March 2023 GENERAL  Sixteen (16) loads of household garbage to the landfill Eighteen (18) loads of yard debris this past month Two (2) loads of recycling this past month Twenty-five (25) work orders during the past month  Assisted the Princeton Little league with registration by use of LED message boards JCI students helped this past month with various tasks. Cleaned community building and the park daily. Picked up trash from ditches. Help and assisted in loading cut up limbs into 1 ton truck at the park. Helped in the repair/painting of park benches and picnic tables.  Repaired and patched 8 locations around town.  WATER and SEWER  Pulled both pumps at Comco lift station and unclogged.  Jetted four (4) sewer services Jetted two (2) sewer mains Repaired three (3) water leaks  Replaced sewer clean out at 65 Oakley drive that was hit ard damaged.  Put in a new water tap for 407 S center street and ran new line to tie back into newer existing  line.  Collected toxicity samples on WWTP  Collected four (4) sets of weekly samples on WWTP Collected bacterial samples on distribution system.  Installed one (1) meter Replace two (2) meters    Thompson, Price, Scott, Adams & Co., P.A. 4024 Oleander Drive Suite3 3 Wilmington, North Carolina 28403 Telephone (910)791-4872 Fax (910)239-8294  January: 1, 2023 Town of Princeton P.O. Box 67 Princeton, NC27569  We are pleased to confirm our understanding oft thes services we are to provide the Town of Princetoni for they year  ended. June 30, 2023. Audit Scope and Objectives  We will audit thet financial statements of the governmental activities, the business-type activities, the aggregate discretely presented component units, each major fund, andi the aggregate remaining fund information, and the disclosures, which collectively comprise the basic financial statements of the Town of Princeton as of and fort the year ended June 30, 2023. Accounting standards generally accepted in the United States of America (GAAP) provide for certain required supplementary information (RSI), such as management's discussion and analysis (MD&A), tos supplement the Town of Princeton's basic financial statements. Suchi information, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context.. As part of our engagement, we will apply certain limited procedures to the Town of Princeton's RSI in accordance with auditing standards generally accepted in the United States of America (GAAS). These limited procedures will consist of inquiries of management regarding the methods of preparing the information and comparing the information for consistency with management's responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit ofthe basic financial statements. We will not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient appropriate evidencet to express an opinion or provide any assurance. Thei following RSI is required by GAAP and willl be subjected to certain limited procedures, but will not be audited:  1) Management's Discussion and Analysis 2) Net Pension Asset/Liability RSI  3) OPEB  We have also been engaged to report on supplementary information other than RSI that accompanies the Town of Princeton's financial statements. We will subject the following supplementary information to the auditing procedures applied in ouraudit of1 thet financialstatements: and certain additional procedures, includingcomparing and reconciling such information directly to the underlying accounting and other records used to prepare the financial statements or to the financial statements themselves, and other additional procedures in' accordance with GAAS, and we will provide an opinion on it in relation to the financial statements as a whole [in a separate written report accompanying our auditor's report on thet financial statements ORi in a report combined with our  auditor's report on thet financial statements): 1) Budgetary Comparison Statements 2) Combining Statements    3) Individual Fund Statements 4) Supporting! Schedules  The objectives of our audit are to obtain reasonable assurance as to whether thet financial statements as a whole are free from material misstatement, whether due to fraud or error; issue an auditor's report that includes our opinion about whether your financial statements are fairly presented, in all material respects, in conformity with GAAP; and report on the fairness of the supplementary information referred to in the second paragraph when considered in relation to thet financial statements as a whole. Reasonable assurance is a high level of assurance buti is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with GAAS and Government Auditing Standards will always detect a material misstatement when it exists. Misstatements, including omissions, can arise from fraud or error and are considered material if there is a substantial likelihood that, individually ori int the aggregate, they would influence the judgment ofar reasonable user made based on the The objectives also include reporting on internal control over financial reporting and compliance with provisions of laws, regulations, contracts, and award agreements, noncompliance with which could have a material effect on We will conduct oura auditi in accordance with GAASandt the standards fort financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States, and will include tests of your accounting records of the Town of Princeton and other procedures we consider necessary to enable us to express such opinions. As part of an audit in accordance with GAAS and Government Auditing Standards, we exercise Wev wille evaluate the appropriateness ofa accounting policies used andt the reasonableness. of significantaccounting estimates made by management. We will also evaluate the overall presentation of the financial statements, including the disclosures, and determine whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. We will plan and perform the audit to obtain reasonable assurance about whether thet financialstatements arei free of material misstatement, whether from (1) errors, (2) fraudulent financial reporting, (3) misappropriation of assets, or (4) violations ofl laws or governmentalr regulations that are attributable to the government or to acts by management or employees acting on behalf of the government. Becausei the determination of waste and abusei is subjective, Government Auditing Standards dor not expect auditors to perform specific procedures to detect waste or abuse in financial audits nor do they expect Because of the inherent limitations of an audit, combined with the inherent limitations of internal control, and because we will not perform a detailed examination of all transactions, there is an unavoidable risk that some material misstatements may not be detected by us, even though the audit is properly planned and performed in accordance with GAAS and Government Auditing Standards. In addition, an audit is not designed to detect immateriall misstatements orviolations of1 laws or governmentall regulations that do not have a direct and material effect on the financial statements. However, we willi inform the appropriate level of management of any material errors, fraudulent financial reporting, or misappropriation of assets that comes to our attention. We will also inform the appropriate level of management of any violations of laws or governmental regulations that come to our attention, unless clearly inconsequential. Our responsibility. as auditors is limited tot the period covered by our We will also conclude, based on the audit evidence obtained, whether there are conditions or events, considered int the aggregate, that raise substantial doubt about the government's: ability to continue as a going concern fora a Our procedures willi include tests of documentary evidence supporting the transactions recorded in the accounts, tests of the physical existence of inventories, and direct confirmation of receivables and certain assets and  financial statements.  the financial statements in accordance with Government, Auditing Standards. Auditor's Responsibilities for the Audit of the Financial Statements  professional judgment and maintain professional skepticism throughout the audit.  auditors to provide reasonable assurance of detecting waste ora abuse.  audit and does not extend to any later periods for which we are not engaged as auditors.  reasonable period of time.    liabilities by correspondence with selected customers, creditors, and financial institutions. We will also request Wer may, from time tot time and depending ont the circumstances, use third-party: service providers in serving your account. We mays share confidential information about you with these service providers but remain committed to maintaining the confidentiality and security of your information. Accordingly, we maintain internal policies, procedures, and safeguards toj protect the confidentiality ofy your personalinformation. In addition, we will: secure confidentiality agreements with all service providers to maintain the confidentiality of your information and we will take reasonable precautions to determine that they have appropriate procedures in place to prevent the unauthorized release of your confidential information to others. In the event that we are unable to secure an appropriate confidentiality agreement, you will be asked to provide your consent prior to the sharing of your confidential information with the third-party service provider. Furthermore, we will remain responsible for the  written representations from your attorneys as part of the engagement.  work provided by any such third-party service providers.  Oura audit of financial statements does not relieve you ofy your responsibilities.  Audit Procedures--Internal Control  We will obtain an understanding of the government and its environment, including internal control relevant to the audit, sufficient toi identify and assess the risks of material misstatement of thet financial statements, whether due to error or fraud, and to design and perform audit procedures responsive to those risks and obtain evidence that is sufficient and appropriate to provide al basis for our opinions. Tests of controls may be performed to test the effectiveness of certain controls that we consider relevant to preventing and detecting errors and fraud that are material to thet financial statements and to preventing and detecting misstatements resulting fromi illegal açts and other noncompliance matters that have a direct andi material effect on the financial statements. Our tests, if performed, will bel less in scope than would ber necessaryt to render an opinion on internalcontroland, accordingly, no opinion will be expressed in our report on internal control issued pursuant to Government. Auditing Standards. The risk of not detecting a material misstatement resulting fromi fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentation, or the override of internal control.. An audit is not designed to provide assurance on internal control or to identify significant deficiencies or material weaknesses. Accordingly, we will express no such opinion. However, during the audit, we will communicate to management and those charged with governance internal control related matters that are required to be communicated under AICPA professional standards and Government. Auditing. Standards. As part of obtaining reasonable assurance about whether the financial statements are free of material misstatement, we will perform tests of the Town of Princeton'scomplance with the provisions of applicable laws, regulations, contracts, agreements, and grants. However, the objective of our audit will. not be to provide an opinion on overall compliance and we will not express such an opinion in our report on compliance issued We will also assist in preparing thet financial statements and related notes oft the Town of Prinçeton in conformity with accounting principles generally accepted in the United States of America based on information provided by you. These nonaudit services do not constitute an audit under Government Auditing. Standards and such services will not be conducted in accordance with Government Auditing Standards. We will perform the services in accordance with applicable professional standards. The other services are limited to the financial statement services previously defined. We, in our sole professional judgment, reserve the right to refuse to perform any procedure or take any action that could be construed as assuming management responsibilities. You agree to assume all management responsibilities relating to thet financial statements and related notes and any other nonaudit services we provide. You will be required to acknowledge in the management representation letter our assistance with preparation of the financial statements and related notes and that you have reviewed  Audit Procedures-Complance  pursuant to Government. Auditing. Standards.  Other Services    and approved the financial statements and related notes prior to their issuance and have accepted responsibility fort them. Further, you agree to oversee the nonaudit services by designating an individual, preferably from senior management, with suitable skill, knowledge, or experience; evaluate the adequacy and results of those services; Oura audit will be conducted on the basis that you acknowledge and understand your responsibility for designing, implementing, establishing, and maintaining effective internal controls relevant to the preparation and fair presentation oft financial statements that aret freet from material misstatement, whether duet toi fraud or error, and for evaluating and monitoring ongoing activities to help ensure that appropriate goals and objectives are met; following laws and regulations; and ensuring that management and financial information is reliable and properly reported. Management is also responsible for implementing systems designed to achieve compliance with applicable laws, regulations, contracts, and grant agreements. You are also responsible for the selection and application of accounting principles, for the preparation and fair presentation of the financial statements and all accompanying information in conformity with accounting principles generally accepted in the United States of America, and for compliance with applicable laws and regulations and the provisions of contracts and' grant Management is responsible for making drafts oft financial statements, allf financialrecords, and related information available to us and for the accuracy and completeness oft thati information (including information from outside of the general and subsidiary ledgers). You are also responsible for providing us with (1) açcess to all information of which you are aware thati is relevant to the preparation and fair presentation of the financial statements, such as records, documentation, identification of all related parties and all related-party relationships and transactions, and other matters; (2) additional information that we may request for the purpose of the audit; and (3) unrestricted access to persons within the government from whom we determine it necessary to obtain audit evidence. At the conclusion of our audit, we will require certain written representations from you about your responsibilities for the financial statements; compliance with laws, regulations, contracts, and grant agreements; Your responsibilities include adjusting the financial statements to correct material misstatements and for confirming to us int they writenrepresentation lettert that the effects ofa any uncorrected misstatements aggregated by us during the current engagement and pertaining to the latest period presented are immaterial, both individually: and int the aggregate, to thei financial statements of each opinion unit taken as a whole. You are responsible for the design andi implementation of programs and controls to prevent and detect fraud, and for informing us about all known or suspected fraud affecting the government involving (1) management, (2) employees who have significant roles in internal control, and (3) others where the fraud could have a material effect on thei financial statements. Your responsibilities include informing us ofy your knowledge of any allegations of fraud or suspected fraud affecting the government received in communications from employees, former employees, grantors, regulators, or others. In addition, you are responsible fori identifying and ensuring that the government complies with applicable laws, regulations, contracts, agreements, and grants and for taking timely and appropriate steps to remedy fraud and noncompliance with provisions of laws, regulations, or contracts or Youa are responsible fort the preparation of thes supplementary information, which we have been engaged to report on, inc conformity with accounting principles generally accepted in the United States of America (GAAP). Youa agree to include our report on the supplementary information in any document that contains, and indicates that we have reported. on, the supplementary, information. You also agree to (include the audited financial statements with any presentation of the supplementary information that includes our report thereon OR make the audited financial statements readily available to users of the supplementary information no later than the date the supplementary information is issued with our report thereon). Your responsibilities include acknowledging to us int the writtenr representation letter that (1)you are responsible for presentation of the uppementaymomaton in accordance with GAAP; (2) you believe the supplementary information, including its form and content, is fairly  and accept responsibility fort them.  Responsibilities of Management for the Financial Statements  agreements.  and other responsibilities required by GAAS and Government. Auditing Standards.  grant agreements that we report.    presented in accordance with GAAP; (3) the methods of measurement or presentation have not changed from those usedi int the prior period (or, ift they have changed, the reasons for such changes); and (4) you have disclosed to us any significant assumptions or interpretations underlying the measurement or presentation of the Management is responsible for establishing and maintaining a process fort tracking the status of audit findingsand recommendations. Management is also responsible for identifying and providing report copies of previous financialaudits, attestation engagements, performance audits or other studies related toi the objectives discussed int the Audit Scope and Objectives: section oft this letter. This responsibility includes relaying to us corrective actions taken to address significant findings and recommendations resulting from those audits, attestation engagements, performance audits, or other studies. You are also responsible for providing management's views on our current findings, conclusions, and recommendations, as well as your planned corrective actions, for the report, and for  supplementary information.  thet timing andi format for providing thati information. Engagement Administration, Fees, and Other and will locate any documents selected by us fort testing.  We understand that your employees will prepare all cash, accounts receivable, or other confirmations we request We will provide copies of our reports to the town; however, management is responsible for distribution of the reports and the financial statements. Unless restricted by law or regulation, or containing privileged and confidential information, copies of our reports are to be made available for public inspection. The audit documentation for this engagement is the property of Thompson, Price, Scott, Adams & Co., PA and constitutes confidential information. However, subject to applicable laws and regulations, audit documentation and appropriate individuals will be made available upon request and in at timely manner to cognizant agency or its designee, a federal agency providing direct or indirect funding, or the U.S. Government Accountability Office fort the purposes ofac quality review oft the audit, to resolve audit findings, or1 to carry out oversightr responsibilities. We will notify you of any such request. If requested, access to such audit documentation willl be provided under the supervision of Thompson, Price, Scott, Adams & Co., PA personnel. Furthermore, upon request, we may provide copies of selected audit documentation to the aforementioned parties. These parties may intend or decide to distribute the copies ori information contained therein to others, including other governmentalagences: The audit documentation fort this engagement willl be retainedi fora ar minimum off five years after the report release date or for any additional period requested by the cognizant agency. If we are aware that a federal awarding agency or auditee is contesting an audit finding, we will contact the party(ies) contesting the audit finding for Gregory Adams, CPA is the engagement partner and is responsible for supervising the engagement and signing the reports or authorizing another individual to signt them. We expect to begin our audit on approximately. July1, Our feet for these services is stated in the approved audit contract. Any additional work out of the normal scope of the audit will be at our standard hourly rates plus out-of-pocket costs (such as report reproduction, word processing, postage, travel, copies, telephone, etc.). Our standard hourly rates vary according to the degree of responsibility involved and the experience level of the personnel assigned to your audit. Our invoices for these fees will be rendered each month as work progresses and are payable on presentation. In accordance with our firm policies, work may be suspended ify your account becomes 60 days or more overdue and may not be resumed until your account is paid in full. If we elect to terminate our services for nonpayment, our engagement will be deemed to have been completed upon written notification of termination, even if we have not completed our report. You will be obligated to compensate us for all time expended and to reimburse us for all out-of-pocket costs through the date of termination. The above fee is based on anticipated cooperation from your personnel and the assumption that unexpected circumstances will not be encountered during the audit. If significant additional time is necessary, we will discuss it with you and arrive at a new fee estimate before we incur the  guidance prior to destroying the audit documentation.  2023 and to issue our reports no later than October 31, 2023.  additional costs.    Reporting  We willi issue a written report upon completion of our audit of the Town of Princeton's financial statements. Our report will be addressed to management and those charged with governance of the Town of Princeton. Circumstances may arise in which our report may differ from its expected form and content based on the results of our audit. Depending on the nature of these circumstances, it may! be necessary for us to modify our opinions, add a separate section, or add an emphasis-of-matter. or other-matter paragraph to our auditor's report, or if necessary, withdraw from this engagement. Ifo our opinions are othert than unmodified, we will discuss the reasons with you in advance. If, for any reason, we are unable to complete the audit or are unable to form or have not formed opinions, we may decline to express opinions or issue reports, or we may withdrawi fromi this engagement. We will also provide a report (that does not include an opinion) on internal control related to the financial statements and compliance with the provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a material effect on the financial statements as required by Government Auditing Standards. The report on internal control and on compliance and other matters will state (1) that the purpose oft the report is solely to describe thes scope of testing ofi internal control and compliance, andi the results of that testing, and not to provide an opinion on the effectiveness of the entity's internal control on compliance, and (2)t that the reporti is ani integral part of an auditp performedi ina accordance with Government, Auditing Standards inc considering the entity'si internal control and compliance. The report will also state that the report is not suitable for any other purpose. If during our audit we become aware that the Town of Princeton is subject to an audit requirement that is not encompassed ini the terms of this engagement, we will communicate to management and those charged with governance that an audit in accordance with U.S. generally accepted auditing standards and the standards fori financial audits contained in Government Auditing Standards may not satisfy the relevant legal, We appreciate the opportunity to be of service to the Town of Princeton and believe this letter accurately summarizes the significant terms of our engagement. If youl have any questions, please let us know. If you agree with the terms of our engagement as described int this letter, please signt the attached copy and return it to us.  regulatory, or contractual requirements.  Very truly yours,  7éompoon. Price. Scott. Adamd &D..PA  RESPONSE: Management signature: Title: Date: Governance signature: Title: Date:  This letter correctly sets forth the understanding of the Town of Princeton.    LGC-205  CONTRACT TO AUDIT ACCOUNTS  Rev. 11/2022  The Governing Board of Primary Government Unit Town ofPrinceton NA  and Discretely Presented Component Unit (DPCU) (if applicable)  Primary Government Unit, together with DPCU (ifa applicable), hereinafter referred to as Governmental Unit(s)  and Auditor Name Auditor Address  Thompson, Price, Scott, Adams & Co.) PA  4024 Oleander Drive, Suite 103, Wilmington, NC 28403  Hereinafter referredt to as Auditor  for Fiscal Year Ending 06/30/23  Date Audit Will Be Submitted to LGC Must be within four months off FYE  10/31/23  hereby agree, as follows:  1. The Auditor shall audit all statements and disclosures required by U.S. generally accepted auditing standards (GAAS) and additional required legal statements and disclosures of all funds and/or divisions oft the Governmental Unit(s). The non-major combining, and individual fund statements and schedules shall be subjected to the auditing procedures applied in the audit of the basic financial statements and an opinion shall be rendered in relation to (as applicable) the governmental activities, the business- type activities, the aggregate DPCUS, each major governmental and enterprise fund, and the aggregate remaining fund information (non- major government and enterprise funds, the internal service fund type, and the fiduciary fund types). The basic financial statements shall include budgetary comparison information in al budgetary comparison statement, rather than as RSI, for the General Fund and any annually budgeted Special Revenue funds. 2. At a minimum, the Auditor shall conduct the audit and render the report in accordance with GAAS. The Auditor shall perform the audit in accordance with Government Auditing Standards (GAGAS) if the Governmental Unit expended $100,000 or more in combined Federal and State financial assistance during the reporting period. The auditor shall perform a Single Audit if required by Title 2 US Code of Federal Regulations Part 200 Uniform Administration Requirements, Cost Principles, and Audit Requirements for Federal Awards, Subpart. F (Uniform Guidance) or the State Single Audit Implementation Act. This audit and all associated audit documentation may be subject to review by Federal and State agencies in accordance with Federal and State laws, including the staffs of the Office of State. Auditor (OSA) and the Local Government Commission (LGC). If the audit requires a federal single audit in accordance with. the Uniform Guidance ($200.501), iti is recommended that the Auditor and Governmental Unit(s). jointly agree, in advance of the execution ofi this contract, which party is responsible for submission of the audit and the accompanying: data collection form to the Federal Audit Clearinghouse as required under the Uniform Guidance ($200.512).  Effective for audits of fiscal years beginning after June 30, 2023, the LGC will allow auditors to consider whether a unit qualifies as a State low-risk auditee based upon federal criteria in the Uniform Guidance $200.520(a), and (b) through. (e) as it applies to State awards. In addition to the federal criteria in the Uniform Guidance, audits must have been submitted timely to the LGC. If in the reporting year, or in either oft the two previous years, the unit reported a Financial Performance Indicator of Concern thati the audit was late, then  Page 1    LGC-205  CONTRACT TO AUDIT ACCOUNTS  Rev. 11/2022  the report was not submitted timely for State low-risk auditee status. Please refer to Discussion of Single Ift the audit and Auditor communication are found in this review to be substandard, the results oft the review may be forwarded to the North Carolina State Board of CPA Examiners (NC State Board). 3. Ifa an entity is determined to be a component of another government as defined by the group audit standards, the entity's auditor shall make a good faith effort to comply in a timely manner with the requests of 4. This contract contemplates an unmodified opinion being rendered. If during the process of conducting the audit, the Auditor determines that it will not be possible to render an unmodified opinion on the financial statements of the unit, the Auditor shall contact the LGC Staff to discuss the circumstances leading to that conclusion as soon as is practical and before the final report is issued. The audit shall include such tests of the accounting records and such other auditing procedures as are considered by the Auditor to be necessary in the circumstances. Any limitations or restrictions in scope which would lead to a qualification should be fully 5. Ifthis audit engagement is subject to the standards for audit as defined in Govemment Auditing Standards, 2018 revision, issued by the Comptroller General oft the United States, then by accepting this engagement, the Auditor warrants that he/she has met the requirements for a peer review and continuing education as specified in Govemment Auditing Standards. The Auditor agrees to provide a copy of the most recent peer review report to the Governmental Unit(s) and the Secretary of the LGC prior to the execution of an audit contract. Subsequent submissions of the report are required only upon report expiration or upon auditor's receipt of an updated peer review report. If the audit firm received a peer review rating other than pass, the Auditor shall not contract with the Governmental Unit(s). without first contacting the Secretary of the LGC for a If the audit engagement is not subject to Govemment. Auditing Standards or if financial statements are not prepared in accordance with U.S. generally accepted accounting principles (GAAP) and fail to include all disclosures required by GAAP, the Auditor shall provide an explanation as to why in an attachment to this 6. Iti is agreed that time is of the essence in this contract. All audits are to be performed and the report of audit submitted to LGC Staff within four months of fiscal year end. Ifit becomes necessary to amend the audit fee or the date that the audit report will be submitted to the LGC, an amended contract along with a written 7. Iti is agreed that GAAS include a review of the Governmental Unit's (Units') systems ofi internal control and accounting as same relate to accountability of funds and adherence to budget and law requirements applicable thereto; that the Auditor shall make a written report, which may or may not be aj part of the written report of audit, to the Governing Board setting forth his/her findings, together with his recommendations for improvement. That written report shall include all matters defined as "significant deficiencies and material weaknesses" in AU-C 265 of the AICPA Professional Standards (Clarified). The Auditor shall file a copy of that For GAAS or Government. Auditing Standards audits, if an auditor issues an AU-C $260 report, commonly referred to as "Governance Letter," LGC staff does not require the report to be submitted unless the auditor cites significant findings or issues from the audit, as defined in AU-C $260.12-.14. This would include issues such as difficulties encountered: during the audit, significant or unusual transactions, uncorrected misstatements, matters that are difficult or contentious reviewed with those charged with governance, and other  Audits in North Carolina" on the LGC's website for more information.  the group auditor in accordance with AU-6 $600.41 - $600.42.  explained in an attachment to this contract.  peer review analysis that may result in additional contractual requirements.  contract ori in an amendment.  explanation oft the change shall be submitted to the Secretary of the LGC for approval.  report with the Secretary of the LGC.  significant matters.  Page 2    LGC-205  CONTRACT TO AUDIT ACCOUNTS  Rev. 11/2022  8. All local government and public authority contracts for audit or audit-related work require the approval of the Secretary oft the LGC. This includes annual or special audits, agreed upon procedures related to internal controls, bookkeeping or other assistance neçessary to prepare the Governmental Unit's records for audit, financial statement preparation, any finance-related investigations, or any other audit- related work in the State of North Carolina. Approval is also required for the Alternative Compliance Examination expenditures as allowed by US Treasury. Approval is not required on audit contracts and invoices for  Engagement for auditing the Coronavirus State and Local Fiscal Recovery Funds system improvements and similar services of a non-auditing nature.  9. Invoices for services rendered under these contracts shall not be paid by the Governmental Unit(s) until the invoice has been approved by the Secretary oft the LGC. This also includes any progress billings [G.S. 159-34 and 115C-447]. All invoices for audit work shall be submitted in PDF format to the Secretary of the LGC for approval. the invoice marked 'approved" with approval date shall be returned to the Auditor to present to the Governmental Unit(s) for payment. This paragraph is not applicable to contracts for audits 10. Inc consideration of the satisfactory performance of the provisions oft this contract, the Governmental Unit(s) shall pay to the Auditor, upon approval by the Secretary of the LGC if required, the fee, which includes any costs the Auditor may incur from work paper or peer reviews or any other quality assurance program required by third parties (federal and state grantor and oversight agencies or other organizations) as required under the Federal and State Single Audit Acts. This does not include fees for any pre-issuance reviews that may be required by the NC Association of CPAS (NCACPA) Peer Review Committee or NÇ State 11. Ifthe Governmental Unit(s) has/have outstanding revenue bonds, the Auditor shall submit to LGC Staff, either in the notes to the audited financial statements or as a separate report, a calculation demonstrating compliance with the revenue bond rate covenant. Additionally, the Auditor shall submit to LGC Staff simultaneously with the Governmental Unit's (Units') audited financial statements any other bond compliance statements or additional reports required by the authorizing bond documents, unless otherwise specified in the 12. After completing the audit, the. Auditor shall submit to the Governing Board a written report of audit. This report shall include, but not be limited to, the following information: (a) Managements Discussion and Analysis, (b) the financial statements and notes of the Governmental Unit(s) and all ofi its component units prepared in accordance with GAAP, (c) supplementary information requested by the Governmental Unit(s) or required for full disclosure under the law, and (d) the Auditor's opinion on the material presented. The Auditor shall furnish the required number of copies of the report of audit to the Governing Board uponcompletion. 13. Ift the audit firm is required by the NC State Board, the NCACPA Peer Review Committee, or the Secretary oft the LGC to have a pre-issuance review of its audit work, there shall be a statement in the engagement letter indicating the pre-issuance review requirement. There also shall be a statement that the Governmental Unit(s) shall not be billed for the pre-issuance review. The pre-issuance review shall be performed prior to the completed audit being submitted to LGC Staff. The pre-issuance review report shall accompany the  ofhospitals.  Board of CPA Examiners (see Item 13).  bond documents.  audit report upon submission to LGC Staff.  Page 3    LGC-205  CONTRACT TO AUDIT ACCOUNTS  Rev. 11/2022  14. The Auditor shall submit the report of audit in PDF format to LGC Staff. For audits of units other than hospitals, the audit report should be submitted when (or prior to) submitting the final invoice for services rendered. The report of audit, as filed with the Secretary oft the LGC, becomes a matter of public record for inspection, review and copy in the offices of the LGC by any interested parties. Any subsequent revisions to these reports shall be sent to the Secretary of the LGC. These audited financial statements, excluding the Auditors' opinion, may be used in the preparation of official statements for debt offerings by municipal bond rating services to fulfill secondary market disclosure requirements oft the Securities and Exchange Commission and for other lawful purposes of the Governmental Unit(s) without requiring consent of the Auditor. If the LGC Staff determines that corrections need to be made to the Governmental Unit's (Units'): financial statements and/or the compliance section, those corrections shall be provided within three business days of notification 15. Should circumstances disclosed by the audit call for a more detailed investigation by the Auditor than necessary under ordinary circumstances, the Auditor shall inform the Governing Board in writing of the need for such additional investigation and the additional compensation required therefore. Upon approval by the Secretary oft the LGC, this contract may be modified or amended to include the increased time, compensation, 16. Ifan approved contract needs to be modified or amended for any reason, the change shall be made in writing and pre-audited if the change includes a change in audit fee (pre-audit requirement does not apply to hospitals). This amended contract shall be completed in full, including a written explanation of the change, signed and dated by all original parties to the contract. It shall then be submitted to the Secretary of the LGC for approval. No change to the audit contract shall be effective unless approved by the Secretary of the LGC, the 17. Ad copy of the engagement letter, issued by the Auditor and signed by both the Auditor and the Governmental Unit(s), shall be attached to this contract, and except for fees, work, and terms not related to audit services, shall bei incorporated by reference as iff fully set forth herein as part of this contract. In case of conflict between the terms of the engagement letter and the terms of this contract, the terms oft this contract shall take precedence. Engagement letter terms that conflict with the contract are deemed to be void unless the conflicting terms of this contract are specifically deleted in Item 30 oft this contract. Engagement letters containing 18. Special provisions should be limited. Please list any special provisions in an attachment. 19. A separate contract should not be made for each division to be audited or report to be submitted. Ifa DPCU is subject to the audit requirements detailed in the Local Government Budget and Fiscal Control Act and as separate audit report is issued, a separate audit contract is required. Ifa a separate report is not to be issued and the DPCU is included ini the primary government audit, the DPCU shall be named along with the primary government on this audit contract. DPCU Board approval date, signatures from the DPCU Board chairman and 20. The contract shall be executed, pre-audited (pre-audit requirement does not apply to hospitals), and physically signed by all parties including Governmental Unit(s) and the Auditor, then submitted in PDF format to 21. The contract is not valid until it is approved by the Secretary of the LGC. The staff of the LGC shall notify the Governmental Unit and Auditor of contract approval by email. The audit should not be started before the 22. Retention of Client Records: Auditors are subject tot the NC State Board of CPA Examiners' Retention of Client Records Rule 21 NCAC 08N .0305 as it relates to the provision of audit and other attest services, as well as non-attest services. Clients and former clients should bet familiar with the requirements of this rule prior to  unless another deadline is agreed to by LGC Staff.  or both as may be agreed upon by the Governing Board and the Auditor.  Governing Board, and the Auditor.  indemnification clauses shall not be accepted by LGC Staff.  finance officer also shall be included on this contract.  the Secretary of thel LGC. contract is approved.  requesting the return of records.  Page 4    LGC-205  CONTRACT TO AUDIT ACCOUNTS  Rev.11/2022  23. This contract may be terminated at any time by mutual consent and agreement oft the Governmental Unit(s) and the Auditor, provided that (a) the consent to terminate is in writing and signed by both parties, (b) the parties have agreed on the fee amount which shall be paid to the Auditor (if applicable), and (c) no 24. The Governmental Unit's (Units') failure or forbearance to enforce, or waiver of, any right or an event of breach or default on one occasion or instance shall not constitute the waiver of such right, breach or 25. There are no other agreements between the parties hereto and no other agreements relative hereto that shall be enforceable unless entered into in accordance with the procedure set out herein and approved 26. E-Verify. Auditor shall comply with the requirements of NCGS Chapter 64 Article 2. Further, if Auditor utilizes any subcontractor(s), Auditor shall require such subcontractor(s) to comply with the requirements of 27. Applicable to audits with fiscal year ends of June 30, 2020 and later. For all non-attest services, the Auditor shall adhere to the independence rules of the AICPA Professional Code of Conduct and Govemment Auditing Standards, 2018 Revision (as applicable). Financial statement preparation assistance shall be deemed a "significant threat" requiring the Auditor to apply safeguards sufficient to reduce the threat to an acceptable level. Ift the Auditor cannot reduce the threats to an acceptable level, the Auditor cannot complete the audit. If the Auditor is able to reduce the threats to an acceptable level, the documentation of this determination, including the safeguards applied, must be included in the audit workpapers. All non-attest service(s) being performed by the Auditor that are necessary to perform the audit must be identified and included in this contract. The Governmental Unit shall designate an individual with the suitable skills, knowledge, and/or experience (SKE) necessary to oversee the services and accept responsibility for the results of the services performed. If the. Auditor is able to identify an individual with the appropriate SKE, s/he must document and include in the audit workpapers how he/she reached that conclusion. If the Auditor determines that an individual with the appropriate SKE cannot bei identified, the. Auditor cannot perform both the non-attest service(s) and the audit. See "Fees for Audit Services" page of this contract to disclose the 28. Applicable to audits with fiscal year ends of. June 30, 2021 and later. The auditor shall present the audited financial statements including any compliance reports to the government unit's governing body or audit committee in an official meeting in open session as soon as the audited financial statements are available but not later than 45 days after the submission of the audit report to the Secretary. The auditor's presentation to the government unit's governing body or audit committee shall include: a) the description of each finding, including all material weaknesses and significant deficiencies, as found by the auditor, and any other issues related to the internal controls or fiscal health of the government unit as disclosed in the management letter, the Single Audit or Yellow Book reports, or any other communications from the auditor regarding internal controls as required by current auditing c) the values of Financial Performance Indicators based on information presented in the audited d) notification to the governing body that the governing body shall develop a' Response to the Auditor's Findings, Recommendations, and Fiscal Matters,"ifr required under 20 NCAC 03 .0508. 29. Information based on the audited financial statements shall be submitted to the Secretary for the purpose ofi identifying Financial Performance Indicators and Financial Performance Indicators of Concern. See 20  termination shall be effective until approved in writing by the Secretary of the LGC.  default on any subsequent occasion or instance.  by the Secretary of the LGC. NCGS Chapter 64, Article 2.  person identified as having the appropriate SKE fori the Governmental Unit.  standards set by the Accounting Standards Board or its successor;  b) the status oft the prior year audit findings;  financial statements; and  NCAC 03 .0502(c)(6).  Page 5    LGC-205  CONTRACT TO AUDIT ACCOUNTS  Rev. 11/2022  30.. All oft the above paragraphs are understood and shall apply tot this contract, except the following  numbered paragraphs shall be deleted (See Item 17 for clarification).  31. The process for submitting contracts, audit reports and invoices is subject to change.. Auditors and units should use the submission process and instructions in effect at the time of submission. Refer to the N.C. Department of State Treasurer website at ntps/ww.ndreasurercomsiate-ans-oca: ooemment-inamedwaoniveeomawsonsbmtingypuraust to the email addresses provided on the signature pages that follow.  32. All communications regarding audit contract requests for modification or official approvals will be sent 33. Modifications to the language and terms contained in this contract form (LGC-205) are not allowed.  Page 6    LGC-205  CONTRACT TO AUDIT ACCOUNTS FEES FOR. AUDIT SERVICES  Rev. 11/2022  1. For all non-attest services, the Auditor shall adhere to the independence rules of the AICPA Professional Code of Conduct (as applicable) and Govemment Auditing Standards,2018 Revision. Refer to Item 27 of this contract for specific requirements. The following information must be provided by the Auditor; contracts Financial statements were prepared by: Auditor Governmental Unit Third Party Ifa applicable: Individual at Governmental Unit designated to have the suitable skills, knowledge, and/or experience (SKE) necessary to oversee the non-attest services and accept responsibility for the  presented to the LGC without this information will be not be approved.  results of these services: Name: Michael King  Title and Unit/ Company: Finance/Princeton  Email Address: ming@myprnetomsecon  ORI Not Applicable (Identification of SKE Individual on the LGC-205 Contract is not applicable for  GAAS-only audits or audits with FYES prior to. June 30, 2020.)  2. Fees may not bei included in this contract for work performed on Annual Financial Information Reports (AFIRs), Form 990s, or other services not associated with audit fees and costs. Such fees may be included in the engagement letter but may not be included in this contract or in any invoices requiring approval of the LGC. See 3. The audit fee information included in the table below for both the Primary Government Fees and the DPCU Fees (if applicable) should be reported as a specific dollar amount of audit fees for the year under this contract. If any language other than an amount is included here, the contract will be returned toi the audit form for correction. 4. Prior to the submission of the completed audited financial report and applicable compliance reports subject to this contract, or to an amendment to this contract (if required) the Auditor may submit interim invoices for approval for services rendered under this contract to the Secretary of the LGC, not to exceed 75% of the billings for the unit's last annual audit that was submitted to the Secretary of the LGC. All invoices for services rendered in an audit engagement as defined in 20 NCAC .0503 shall be submitted to the Commission for approval before any payment is made. Payment before approval is a violation of law. (This paragraph not applicable to contracts  Items 8 and 131 for details on other allowable and excludedi fees.  and invoices associated with audits of hospitals).  PRIMARY GOVERNMENT FEES Town of Princeton $ 14500.00  Primary Government Unit Audit Fee  Additional Fees Not Included. in Audit Fee: Fee per Major Program Writing Financial Statements All Other Non-Attest Services Discretely Presented Component Unit Additional Fees Not Included in Audit Fee: Fee per Major Program Writing Financial Statements All Other Non-Attest Services  $ 3,000.00 if applicable  $ $ DPCU FEES (if applicable) NA $ $ $ $ Page 7  Audit Fee    LGC-205  CONTRACT TO AUDIT ACCOUNTS  Rev. 11/2022  SIGNATURE PAGE AUDIT FIRM  Audit Firm*  Thompson, Price, Scott, Adams & Co. PA Gregory S Adams, CPA Date*  Authorized Firm Representative (typed or printed)* Signature*  Email Address* gadams@/pacpas.com  GOVERNMENTAL UNIT  Governmental Unit* Town of Princeton (G.S.159-34(a) orG.S.115C-447a), Mayor/Chairperson (typed or printed)* Donald Rains Date  Date Primary Government Unit Governing Board Approved Audit Contract*  Signature* Email Address donrainsc@gmai.com  Chair of Audit Committee (typed or printed, or "NA") Signature  NA Date  Email Address  GOVERNMENTAL UNIT - PRE-AUDIT CERTIFICATE Required by G.S. 159-28(a1) or G.S. 115C-441(a1). Not applicable to hospital contracts.  This instrument has been pre-audited in the mannerrequired by The Local Govemment Budget and Fiscal  Control. Act or by the School Budget and Fiscal Control Act. Primary Governmental Unit Finance Officer* (typedor printed Signature*  Michael King, Finance Date of Pre-Audit Certificate*  Email Address* mingemyptinctomcon  Page 8    LGC-205  CONTRACT TO AUDIT ACCOUNTS SIGNATURE PAGE-D DPCU (complete only if applicable)  Rev. 11/2022  DISCRETELY PRESENTED COMPONENT UNIT  DPCU* NA  Date DPCU Governing Board Approved Audit Contract* (Ref: G.S. 159-34(a) or G.S. 115C-447(a)) DPCU Chairperson (typed or printed)*  Signature* Email Address*  Date*  Chair of Audit Committee (typed or printed, or "NA") Signature  Date  Email Address  DPCU - PRE-AUDIT CERTIFICATE Required by G.S. 159-28(a1) or G.S. 115C-441(a1). Not applicable to hospital contracts.  This instrument has been pre-audited in the manner, required by The Local Govemment Budget and Fiscal  Control Act ork by the School Budget and Fiscal Control Act. DPCU Finance Officer (typed or printed)* Date of Pre-Audit Certificate*  Signature* Email Address*  Remember to print this form, and obtain all required signatures prior to submission.  PRINT  Page 9    Michael King From: Sent: To: Cc: Subject: Attachments:  Gartin, Ethan fomnoicompantscom, Wednesday, March 29, 20233:58PM Michael King Ashworth, Marla; Baker, Luke Resolutions for Upcoming Board Meeting Resolution.docx  Princeton 2023 Spring State Funding Resolution.docx; Princeton Stormwater AIA-  Michael,  Please see the attached Resolutions that we recommend be adopted at the upcoming April Board Meeting. There are two resolutions - one of which isi in regards to the upcoming Stormwater Planning ARPA grant application (as discussed previously with Marla and Luke), and the other of which is for resubmissions for water/sewer construction projects Please note that we have attended application reviews and additional application workshops specific to the State Revolving Fund application round associated with the proposed water and sewer projects. We have taken the feedback from NCI DEQ and determined that some of the projects we had hoped to get funded through the previous ARPA were simply not going to be able to score enough points to be considered fori funding. Regardless of additional information provided or re-configuring oft the application, the projects that score well are simply too focused and specific for some of the previous applications to be competitive. With this in mind, we have limited the water/sewer SRF application round tot the following projects, which we will resubmit with modified applications that we hope will score more favorably- -  which were not approved during the previous application cycle.  Sewer I&1 Remediation Radio Read Meters Installation  These projects have a much higher probability of scoring favorablyi in the upcoming competitive application round than others. Please keepi in mind that while they are more likely to score well, thet funding awards will be dependent on how many other applications are submitted that also score well, sO there are no guarantees with these applications. While the remaining projects may not be suitable for SRF, there are still other grant funds that can be pursued in order to move those projects forward. We will continue to assist the Town in pursuing additional applications to fund these Please call or email ify you have any questions regarding these proposed projects/resolutions, the previous applications,  projects as we move forward.  ord other ongoing projects or concerns.  Thank you! Ethan Gartin, PE Project Manager  *Please Note New Email Address! Draper Bru Aden g Associates RrEa   TRC -  Phone: 919.827.0864 . Direct: 919.582.7269 dacomltrcompaniscon  1    RESOLUTION BY GOVERNING BODY OF APPLICANT  WHEREAS, The Town of Princeton has need for and intends to construct, plan for, or conduct a study in  projects described as Princeton Radio Read Meter Installation and Princeton Sewer 1&1  Remediation, and  WHEREAS, The Town of Princeton intends to request State loan and/or grant assistance for the projects, NOW THEREFORE BE IT RESOLVED, BY THE BOARD OF COMMISSIONERS OF THE TOWN OF That the Town of Princeton, the Applicant, will arrange financing for all remaining costs of the project, if That the Applicant will provide for efficient operation and maintenance of the project on completion of That the Applicant will adopt and place into effect on or before completion oft the project a schedule off feesand charges and other available funds which will provide adequate funds for proper operation, maintenance, and That the governing body of the Applicant agrees to include in the loan agreement a provision authorizing the State Treasurer, upon failure of the (the Town of Princeton to make a scheduled repayment of the loan, to withhold from the (the Town of Princeton any State funds that would otherwise be distributed to the local government unit in an amount sufficient to pay all sums then due and payable to the State as a repayment of That Michael King, Town Administrator, the Authorized Representative and successors sO titled, is hereby authorized to execute and file an application on behalf of the Applicant with the State of North Carolina fora a That the Authorized Representative, and successors sO titled, is hereby authorized and directed to furnish such information as the appropriate State agency may request in connection with such application or the project: to make the assurances as contained above; and to execute such other documents as may be required in That the Applicant has substantially complied or will substantially comply with all Federal, State, and local laws, rules, regulations, ordinances, and funding conditions applicable to the project and to Federal and State grants  PRINCETON:  approved for a State loan and/or grant award.  construction thereof.  administration oft the system and the repayment of all principal andi interest on the debt.  the loan.  loan and/or grant to aid in the study of or construction oft the project described above.  connection with the application.  and loans pertaining thereto.  Adopted this the 3rd day of April 2023 at Princeton, North Carolina.  (Signature of Chief Executive Officer)  (Title)    FORM FOR CERTIFICATION BY THE RECORDING OFFICER  The undersigned duly qualified and acting Town Clerk of the Town of Princeton does hereby certify: That the above/attached resolution is a true and correct copy of the resolution authorizing the filing of an application with the State of North Carolina, as regularly adopted at a legally convened meeting oft the Board of Commissioners duly held on the 3rd day of April 2023; and, further, that such resolution has beeni fully recorded int the journal of proceedings and records in my office. IN WITNESS WHEREOF, Ihave hereunto set  my hand this 3rd day of April 2023.  (Signature of Recording Officer) (Title of Recording Officer)    RESOLUTION BY GOVERNING BODY OF APPLICANT project described as the "Princeton Stormwater Management" project, and  WHEREAS, The Town of Princeton has need for and intends to construct, plan for, or conduct a study ina a WHEREAS, The Town of Princeton intends to request State loan and/or grant assistance for the project, NOW THEREFORE BE IT RESOLVED, BY THE BOARD OF COMMISSIONERS OF THE TOWN OF PRINCETON: That the Town of Princeton, the Applicant, will arrange financing for all remaining costs of the project, if That the Applicant will provide for efficient operation and maintenance of the project on completion of That the Applicant will adopt and place into effect on or before completion of the project a schedule oft fees and charges and other available funds which will provide adequate funds for proper operation, maintenance, and That the governing body of the Applicant agrees to include in the loan agreement a provision authorizing the State Treasurer, upon failure of the Town of Princeton to make a scheduled repayment of the loan, to withhold from the Town of Princeton any Statei funds that would otherwise be distributed toi the local government unit in an amount sufficient to pay all sums then due and payable to the State as a repayment of the loan. That Michael King, Town Administrator, the Authorized Official, and successors so titled, is hereby authorized to execute and file an application on behalf oft the Applicant withi the State of North Carolina fora al loanand/orgrant That the Authorized Official, and successors sO titled, is hereby authorized and directed to furnish such information as the appropriate State agency may request in connection with: such application or the project: to make the assurances as contained above; and to execute such other documents as may be required in That the Applicant has substantially complied or will substantially comply with all Federal, State, and local laws, rules, regulations, ordinances, and funding conditions applicable to the project and to Federal and State grants  approved for a State loan and/or grant award.  construction thereof.  administration of the system and the repayment of all principal and interest on the debt.  to aid int the study of or construction of the project described above.  connection with the application.  and loans pertaining thereto.  Adopted this the 3rd day of April 2023 in Princeton, North Carolina.  (Signature of Chief Executive Officer)  (Title)    FORM FOR CERTIFICATION BY THE RECORDING OFFICER  The undersigned duly qualified and acting Town Administrator oft the Town of Princeton does hereby certify: That the above/attached resolution is at true and correct copy of the resolution authorizing the filing of an application with the State of North Carolina, as regularly adopted at a legally convened meeting of the Town of Princeton duly held on the 3rd day of April, 2023; and, further, that such resolution has been fully recorded in the journal of proceedings and records in my office. IN WITNESS WHEREOF, Ihave hereunto set my hand this  3rd day of April 2023.  (Signature of Recording Officer)  (Title of Recording Officer)    12  Town of PRINCETON  DONALD B. RAINS MAYOR April 3, 2023 To: Mayor and Board From: TA King  Est 1873  MICHAEL KING TOWN ADMINISTRATOR  Town Administrator Report  Water Tap Offer (Massey Holt Rd) (See Letter) Chief Sutton's Consulting Proposal (See Proposal) Michael Smiley Swearing In (April 6th 4pm) Retirement Party for Chief Sutton (April 27th 2-4pm) Community Day June 3, 2023 (10-3pm) (Report) Vacation June 14/15 Parent Orientation Vacation July 17-21 Closed 4/7 Good Friday  Training Update: Michael:  Top 10 Primer on Transportation Planning in NC 4/11 Essentials of Economic Development 5/5 NC City and County Managers Association Seminar 6/22-24  Michael, April, Emily: FMS April 12/13 ThankYou, M4Z Michael King  Nancy Medlin (TJCOG) Throughout April, May and. June  "PEACEFUL, PLEASANT, PROGRESSIVE, AND PROUD" Town of Princeton is an Equal Opportunity Provider and Employer wanmypincctonnecom 503 Dr. Donnie H.. Jones, Jr. Blvd West, Princeton, NC27569 Office: (919)936-8171 Fax:(919)936.2842 Office Hours: M- F8AM-5PM    Town of PRINCETON  DONALD B. RAINS MAYOR MEMORANDUM To:  Est 1873  MICHAEL KING TOWN ADMINISTRATOR  Princeton Citizen  From: Michael King, Town Administrator Subject: Water Service Installation Date: April1,2023  This is an important notification from the Town of Princeton, Public Utilities. Contractors have begun the installation of water lines in your area. This important work will afford you an opportunity to tap into the Town's water system. What does this mean for you? How can you join the water system? As well-based water systems age, they require expensive repairs to your home's water capabilities. The public water supply being installed has incomparable reliability. If someone were to build a new home in your area and request to join the Town's water system, they would pay $2,500: for the water tap and $2,800 water capacity fee. This totals $5,300 and does not include plumbing fees from the tap to the For al limited time, the Town is offering the water tap FREE of charge until July 1, 2023. This will reduce fees down to $2,800, which is the capacity fee. The Town is also offering interest-free financing for up to 121 months. When financing, the water meter cannot be installed until the balance of the capacity fee has been PAID IN FULL. A down payment of $400 is required, leaving a balance of $2,400. Your monthly fee will be $200 per month for 12 months. If the capacity fee has not been paid-in-full within the 12 month period, the water tap fee of $2,500 will be assessed. This offer does not include plumbing fees Ift this is something you would be interested in please contact the Town Hall, at (919)936-8171. We apologize for any inconvenience for the installation work and thank you for your patience and understanding while we undertake this necessary maintenance of the water system.  home.  associated with switching from your current system to the provided water tap.  Julka  Michael King, Town Administrator Town of Princeton CC: Don Rains, Mayor Town Board  April Williamson, Town Clerk  Michael Hardie, Public Utilities Superintendent  PEACEFUL, PLEASANT, PROGRESSIVE, AND PROUD" Town of Princetoni isz an Equal Opportunity Provider and Employer rwmypinetonnecon 5031 Dr. Donnie H.. Jones.. Jr. Blvd West, Princeton. NC27569 Office: (919)9 936-8171 Fax: (919)936-2842 Office Hours: M-F8AM-5PM    Law Enforcement Consulting Proposal  Michael King Town Administrator Town of Princeton 503 W. Dr. Donnie H. Jones Jr. Blvd Princeton, NC27569  Thank you for requesting my services to work with my successor. It is intended to cultivate a practical transition in his new role. The goal is to collaborate on the logistics, contacts, operation, and functional blueprint of the office. You are already aware of my background, knowledge and  credentials. Project Summary  To transfer information, files, administration programs, system software, and Administrator of  Court documents to the new leadership.  Background  My tenure as Chief of Police has birthed ai foundation of safety, community oriented programs, policy, procedure and 215 Century Policing. It has been nothing short of leadership philosophy While my role has been a multitasked practice, officer training, situational awareness, and community interaction has been the top tier of my responsibility. As an FBINA graduate, I acquired the skillset and training on a federal level. Moreover, gaining resources to address incidents, community and departmental issues. In addition, serving on the NC. Association of Chief of Police and Governor appointed CJIN (North Carolina Criminal Justice Information Network Governing Board). Completing my BA: in Criminal Justice has expanded my education  and transparency.  in statistical crime trends and leadership management.  Project Objective  To prepare the new Chief for the transition of leadership. Hence working on-site, with the Chief,  for (2) two days a week -the week of April 10th, April 17th, April 24th.  Consultant Fee  To cover my time and mileage, ai fee of $35.00 an hour is my cost for contractual consulting.  Tyrone Sutton  Consulting Services