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2 <br /> quickly as short-term cash flow needs arise, the line of credit would offer OE significant <br /> flexibility in meeting these demands." <br /> FINANCIAL IMPACT: There is no direct financial impact. Should OE cease operations or <br /> default, the property could revert to Orange County in which case Orange County could <br /> ultimately be responsible for all outstanding deeds of trust. <br /> RECOMMENDATION(S): The Manager recommends the Board adopt and authorize the Chair <br /> to sign the resolution. <br />