The Town of Valdese, along with much of the greater western region of North Carolina, has faced a challenging transition from a textile-based economy to the information economy. The Olive Hill Community Economic Development Corporation proposes to help address this challenge by establishing a public computer center in downtown Valdese, targeting assistance to disadvantaged local businesses, the unemployed, and individuals seeking higher education opportunities.

Project Fact Sheet

Reports and Documents

Reports to NTIA: 

Third Quarter, 2010

Fourth Quarter, 2010

Annual Report, 2010

First Quarter, 2011

Second Quarter, 2011

Third Quarter, 2011

Fourth Quarter, 2011

Annual Report, 2011

First Quarter, 2012

Second Quarter, 2012

Third Quarter, 2012

Fourth Quarter, 2012

Annual Report, 2012

American Recovery and Reinvestment Act (ARRA) Quarterly Reports

Award Documents

Award Agreement: 

Financial Assistance Award Form CD-450, Special Award Conditions, Line Item Budget

Project Application: 

Application Part 1 (Incorporated into the award by reference)

Application Part 2, Attachments

Application Part 3, Attachments

Application Part 4, Revision, June 16, 2010

Award Amendments: 

Amendment 1 Form CD-451

Amendment 2 Form CD-451

Award Terms and Conditions: 

Department of Commerce Financial Assistance Standard Terms and Conditions

15 CFR part 14, Uniform Administrative Requirements for Grants and Agreements with Institutions of Higher Education, Hospitals, Other Non-Profit, and Commercial Organizations

OMB Circular A-122, Cost Principles for Nonprofit Organizations

OMB Circular A-133, Audits of States, Local Governments, and Non-Profit Organizations

Department of Commerce American Recovery and Reinvestment Act of 2009 -- DOC Standard Terms and Condition