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7 <br /> 1 Margaret Hauth said that the issue with the Whitted Center is unique because of the <br /> 2 nighttime peak issue with the recreation department next door. Night meetings paired with the <br /> 3 recreation department would make this area potentially 100 spaces short. <br /> 4 Commissioner Jacobs said that there is the southeast corner of where there is some <br /> 5 parking and some open space. He said that urban legend has it that Hillsborough has <br /> 6 prohibited the County from installing parking in this grassy area. This is what limits some of the <br /> 7 parking capacity by the Whitted Center. <br /> 8 Margaret Hauth said that her version of the "urban legend"was that when the old <br /> 9 building was destroyed that the County promised the neighbors that it would not build or make a <br /> 10 parking lot on that site. <br /> 11 Commissioner McKee said that if this space could be shared with other entities, then he <br /> 12 would be in favor of looking at this site. <br /> 13 Mayor Stevens said that parking is one issue but there are reality issues in both <br /> 14 proposed sites such as the cost benefit issues. He said that another issue is the regulatory <br /> 15 functions of the Town and the principles. He would like to encourage his board to think about <br /> 16 what is fair for all. <br /> 17 The staff will look into this option further. <br /> 18 <br /> 19 4. Economic Development <br /> 20 a) Update on County Economic Development Activities <br /> 21 Orange County Economic Development Director Steve Brantley introduced this item. <br /> 22 <br /> 23 Orange County's Small Business Loan Program <br /> 24 Orange County Economic Development has approved seven (7) small business loans and <br /> 25 disbursed five (5) of those loans to date. All are current in terms of scheduled debt repayments <br /> 26 by borrowers. The 5 loan recipients are as follows: <br /> 27 <br /> 28 • Mystery Brewing Company Hand-crafted beer brewer <br /> 29 • Skram Hand-crafted, high-end furniture <br /> 30 • West End Depot General store <br /> 31 • Phd Productions Crocheted Frisbee-type toys <br /> 32 • Santosha Cleaning Service Commercial janitorial services <br /> 33 <br /> 34 Four (4) of these firms (Mystery Brewing, Skram, West End Depot and Phd Productions) are <br /> 35 Hillsborough-based companies. The most recent loan recipient, Mystery Brewing located in the <br /> 36 Hillsborough Business Center, held its official release party at the Wooden Nickel on February <br /> 37 10, 2012 and received broad statewide news coverage on February 9th (WRAL). <br /> 38 <br /> 39 Since a portion of the recently approved quarter cent sales tax proceeds will go to support <br /> 40 further growth in Orange County's Small Business Loan program, there is a good potential for <br /> 41 additional Hillsborough firms to be considered as loan candidates in the future. <br /> 42 <br /> 43 Piedmont Food &Agricultural Processing Center (PFAP) <br /> 44 The Piedmont Food & Agricultural Processing Center located in Hillsborough is a collaborative <br /> 45 effort between Orange, Alamance, Durham and Chatham counties and shows strong activity <br /> 46 since its recent Grand Opening event on October 21, 2011. A summary of PFAP's current <br /> 47 status shows the following activity by contracted clients and interested applicants: <br /> 48 <br /> 49 a) Clients <br /> 50 19 clients at present (2 are from Hillsborough) <br />