Agenda - 10-20-2009 - 5a - Laserfiche WebLink

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l~/~~r~f-~irk'~~~ ~ ~v f~flGCh~~~ ~ .12-21-93 UTI~,xTY EXTENSION k'UND PROCEDURES Staff will review initial requests. - Any recommendations far County participation should conform with exist~.ng Water and Sewer Paliay requiring maximum 5- yeax payback in increased property taxes. .Five years is a maximum and staff is enoouraged to limit County participation in any individual project so that more pxojeats qan be considered. A project must also be evaluated based on Goal 9:, Section of the Policy that statest 1. The project must be assured of having the proper zoning at the proposed site; and 2. The project must improve job opportunities available to Orange County citizens, especially for women and minorities; and 3. The project must provide jobs with wage scales in compliance with Orange County standards adapted from time--to-time; .and ~. The project must have a positive fiscal impact upon Orange County government (The cast of services to be provided by Orange County to the project must be less than the local taxes and other revenues paid to the .County generated by the project.). A fiscal impact analysis shall be prepared by the applicant and verified .by Orange county and using a model provided by Orange County. -- Once a request is made, the staff will present it to the EDC fox a recommendation and then to the Board of County Commissioners far a decision to proceed or nat. - Reimbursements should be considered far eonstzuction and engineering costs. - Count funds should be used as repayment only after projects are fa.nished and the County Engineer has insured substantial completion and compliance to County standards. - Staff should consider need, job creation, wage levels, long- term repayment, long-term stability and any other criteria established by the Board of County Commissioners before making recommendations. - The staff shall provide an annual review of projects funded and their status and impact to the EDG Board.