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1 <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: April 17, 2012 <br /> Action Agenda <br /> Item No. <br /> SUBJECT: North Carolina Tomorrow Grant Award <br /> DEPARTMENT: County Manager/ Economic PUBLIC HEARING: (Y/N) No <br /> Development <br /> ATTACHMENT(S): INFORMATION CONTACT: <br /> (1) North Carolina Tomorrow Executive Michael Talbert (919) 245-2308 <br /> Summary Dottie Schmitt (919) 245-2327 <br /> (2) Draft Grant Agreement North Steve Brantley (919) 245-2326 <br /> Carolina Tomorrow <br /> PURPOSE: To accept the $50,000 NC Tomorrow Grant Award from the Community Investment <br /> & Assistance, Community Development Block Grant (CDBG) Program through the NC <br /> Department of Commerce. <br /> BACKGROUND: The NC Department of Commerce and the 16 regional North Carolina <br /> Councils of Governments are working cooperatively to create a more uniform approach to <br /> economic development planning across the state. The project is to produce a comprehensive <br /> economic development strategy (CEDS) for each region. These regional plans would be <br /> consolidated into a State strategy. The regional councils are also working with the federal <br /> g 9 <br /> Economic Development Administration on this initiative. Attached is an Executive Summary of <br /> the initiative providing a more detailed description of the proposed collaborative partnership. <br /> The County has been awarded a $50,000 NC Tomorrow grant from the North Carolina <br /> Department of Commerce. Triangle J Council of Governments (TJCOG) will act as the sub- <br /> grantee to carry out the work and manage the grant. The grant award is for a period of 24 <br /> months beginning March 19, 2012. The award will not hinder any other CDBG efforts by Orange <br /> County and will not count against County caps. <br /> FINANCIAL IMPACT: There are no County matching funds required for the grant and a <br /> $50,000 budget amendment is included in Budget Amendment #8, which is on tonight's <br /> agenda. <br /> RECOMMENDATION(S): The Manager recommends that the Board accept the $50,000 NC <br /> Tomorrow grant and authorize the Board Chair to sign the final Grant Agreement. <br />