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x; <br />URANGE COUNTY' <br />Eco'mrtc rk,<�Ioprtmt <br />Cpnm�ss'v, <br />In Figure 1 you will find the projected financial impact of the EDC's strategic recommendations. Precise <br />requests are shown for FY 2010 -2011 and for the entire six -year period, order of magnitude estimates are <br />shown for the various tools in the tool kit. <br />Category _ <br />TofatJmpBCt <br />Ty ,20 <br />Ttrru FY.2O75 2Q16. <br />9, - <br />Ed t)ept Only ' <br />Water & Wastewater Infrastructure <br />Buckhom EDD, engineering and design <br />TBD <br />Buckhorn EDD, construction costs <br />TBD <br />NA <br />Eno EDD, engineering and design <br />TBD <br />Eno EDD, construction costs <br />TBD <br />RTRP dues <br />120,000 <br />18,500 <br />Build relationships with other organizations <br />30,000 <br />NA <br />Commission research from UNC and others <br />$150000 <br />$25,000 <br />recruitment and retention fund <br />1,000,000 <br />250 000 <br />—Capitalize <br />Rrca italize small business loan fund <br />1,000 000 <br />250,000 <br />EDD certification <br />TBD <br />na <br />TOTAL FINANCIAL IMPACT ITY 10 -11 thru FY 15 -16 <br />S2300,000 <br />S5,13,500 <br />TOTAL FINANCIAL IMPACT FY 10 -11 Economic Development Dept. Only <br />Notes: <br />This table shows seven line items whereas you will find nine Specific Recommendations listed on page 2.,11c, bullet <br />point to "capitalize a pilot fund for business recruitment and retention and re- capitalize the small business loan fiutd' <br />is split into two separate components. In addition, three more specific recommendations are not hncluded in the figure <br />because they either have no financial impact at all or no financial impact associated with the Economic Development <br />Department. However all three additional recommendations: (1) complete all phases of the UDO, (2) Identify and <br />dedicate a funding source for recurring armual investments in the local economic development tool kit, and (3) Identify <br />and designate additional land for commercial development in addition — and/or adjacent to the EDDs, are critical <br />elements of the EDC's recommended strategy. <br />5 1 Page <br />