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1 <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: November 4, 1996 <br /> Action Agenda <br /> Item#_8_q <br /> Subject: Economic Development Funding by the General Assembly <br /> Department: County Manager Public Hearing: Yes_X_No <br /> Budget Amendment Required: Yes X No <br /> Attachment(s): Information Contact: <br /> Letter,Resolution, Manager's Office, Extension 2300 <br /> Other Attachments from TJCOG <br /> Telephone Numbers: <br /> Hillsborough 732-8181 <br /> Durham 688-7331 <br /> Mebane 227-2031 <br /> Chapel Hill 967-9251 <br /> Purpose: To consider taking action to authorize the release of funds that were appropriated to Councils of <br /> Government by the General Assembly. <br /> Background: A sum of$48,015 was appropriated to each COG to assist local governments in their economic <br /> development activities. Of the amount, $7, <br /> 123.60 is due the COG based on Orange County's population. <br /> Recommendation: The Manager recommends that the Board of Commissioners approve the attached <br /> resolution and authorize the Chair to sign. <br /> 10/29/96 <br /> c:\msofice\winword\agenda\abstract\edfund96.doc <br />