Orange County NC Website
Browse       Search
Enclosure 5 <br />Attachment 1 <br />Criteria for Evaluating Non - Profit Agency Capital Campaign Requests <br />When considering a request for contribution by the County to a capital campaign by anon- profit <br />organization the following questions could be considered: <br />Regarding the service that the requestor shall provide through the facility: <br />1. Is the service being provided by the requestor consistent with goals that the County may wish <br />to pursue? <br />2. Will the building allow the agency to meet a service need for a significant number of County <br />citizens? <br />3. Is the service to be provided through the facility duplicative in nature to other services <br />provided by the County or other agencies that they support? <br />Regarding funding: <br />1. What percentage of the overall commitment is the County being asked to contribute? <br />2. If the agency presently leases space, how many years will it take to break even, lease vs. <br />own? <br />3. Does the agency plan to seek revenue, through subleases or other means to offset debt <br />service? <br />4. In what circumstances should the County provide "loans" as opposed to contributions that <br />need not be repaid? <br />5. When should the County require an agency to match the County's contribution for the capital <br />contribution? <br />6. Shall the County require a funding plan outlining how the total project shall be paid for prior <br />to the County considering a request? <br />7. Funds shall be used only for the purpose specified by the requestor. If they are used for any <br />other purpose, they shall be returned to the County immediately. <br />Regarding disposal of the property: <br />1. How many years should an agency maintain ownership /primary residency in the facility <br />without repaying any County contribution? <br />2. If the property,is sold prior to this time, what percentage of their investment should the <br />County expect to be returned by the agency? <br />3. If the property is sold, should the County under all circumstances receive back the amount of <br />its contribution? <br />Regarding other factors: <br />1. Will the property be removed from the tax rolls? <br />2. If so, how much revenue could potentially be lost by the County and other taxing <br />jurisdictions? <br />3. Is the building being purchased or built a good value for the money being spent? <br />4. If the facility is to be renovated, will the finished product fetch market rate if the agency opts <br />to sell at some point or will the renovation exceed the value of the building? <br />5. Does the County have the opportunity to use meeting rooms that may be in the facility free of <br />charge if we contribute? <br />When the Board has provided direction on each of these, we can then put together a multi -level <br />set of criteria that they could use when considering whether the request should receive County <br />funding. If further information is needed, please advise. <br />