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6 <br />ORANGE COUNTY <br />NORTH CAROLINA <br />PRESERVATION PROGRESS PEOPLE <br />MEMORANDUM <br />TO: Boazd of County Commissioners <br />John Link <br />FROM: Mazgazet Cannell, Economic Development Commission <br />DATE: August 27, 1998 <br />SUBJECT: SBTDC Contract <br />Attached pleased find First and Second Quarter 1998 reports from the Small Business & <br />Technology Development Center detailing their activity in the Central Cazolina azea. As you can <br />see by the reports, Orange County residents comprise a lazge portion of the SBTDC's clients. <br />Also attached is an excerpt from the draft "Orange County Small Business Loan Program <br />Operating Policies and Procedures" document. This document states that processing the <br />applications for the loan program `will utilize the services" of the SBTDC. A similaz statement is <br />contained within the SBTDC contract (the third complete pazagraph on page 2). <br />Please let me know if you need additional information. <br />Attachments (3) <br />ORANGE COUNTY ECONOMIC DEVELOPMENT COMMISSION <br />POST OFFICE BOX 1177 • HILLSBOROUGH, NORTH CAROLINA 27278 <br />PHONE (919) 732-8181, EXT. 2325 • FAX (919) 644-3008 • EMAIL: TABERNATC~INTERPATH.COM <br />