Orange County NC Website
Browse       Search
additional cells for a female block. This has never happened. He does not know what will <br /> happen with this at the State level. <br /> Commissioner Jacobs said that there have been discussions with the Sheriff about a <br /> commitment to help upgrade the jail facilities. <br /> Commissioner Yuhasz asked if it was fair to say that there is not a plan to build a jail in <br /> the next ten years and Frank Clifton said yes. <br /> Michael Talbert said that there are no changes to the priorities or the funding of any <br /> particular project. There are changes to the wording regarding northern, southern, and two- <br /> part projects. <br /> The County Commissioners commended the staff for the format and that the process is <br /> excellent for this CIP. <br /> 2. Work Session to discuss Proposed Uses of Funds from a November 8, 2011 <br /> Special Advisory Referendum Concerninq the Levy of a One-Quarter Cent (1/4 cent) <br /> County Sales and Use Tax <br /> Frank Clifton said they asked Gary Shope to speak to some proposed economic <br /> development uses of future funding sources. If this passes, the initial amount generated would <br /> be $1.25 million a year. The initial proposal is to allocate $800,000 a year toward <br /> infrastructure, debt service, and extensions, etc. <br /> Gary Shope reviewed his memo, as shown below: <br /> Memorandum <br /> To: Orange County Board of County Commissioners <br /> From: Orange County Economic Development <br /> Date: Apri17, 2011 <br /> Subject: Proposed Economic Development Uses of Future Funding Sources <br /> Back r� ound <br /> As the conversation on potential additional funding sources for economic development in <br /> Orange County continues to evolve, the Economic Development department would like to <br /> provide additional definition on uses of potential future funding sources. Draft estimates from <br /> an additional �/ cent sales and use tax, should it be approved in Orange County, suggest that <br /> approximately $1,250,000 annually may be available for economic development programs. Of <br /> this additional funding, we are assuming that approximately $800,000 annually will be <br /> committed to debt service on water and sewer infrastructure in the Economic Development <br /> Districts. From the remaining $450,000 per year, we propose the following uses for <br /> consideration. <br />