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Agenda - 11-19-2014 - 1
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Agenda - 11-19-2014 - 1
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Last modified
6/8/2015 3:29:01 PM
Creation date
11/17/2014 1:40:19 PM
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BOCC
Date
11/19/2014
Meeting Type
Assembly of Government
Document Type
Agenda
Agenda Item
1
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Minutes 11-19-2014
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\Board of County Commissioners\Minutes - Approved\2010's\2014
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Attachment A <br />PROPOSED ECONOMIC DEVELOPMENT USES OF "ARTICLE 46" <br />QUARTER CENT SALES TAX <br />Key Sectors <br />Economic Development Proposed Use <br />Percentage of <br />Allocation <br />Debt Service on Water & Sewer Infrastructure in <br />3 Economic Development Districts of Orange County <br />$ 750,000 <br />60.0% <br />Marketing & Collaborative Outreach <br />$ 20,000 <br />1.5% <br />Small Business Loan Fund <br />$ 200,000 <br />16.0% <br />Collateral Materials, Advertising, Publishing <br />$ 20,000 <br />1.5% <br />Innovation Center for Entrepreneurial Development <br />(LaUNCh incubator) <br />$ 100,000 <br />8.0% <br />Agricultural Economic Development Grants <br />$ 60,000 <br />5.0% <br />Business Investment Grants <br />$ 100,000 <br />8.0% <br />TOTAL <br />$ 1,250,000 <br />100.0% <br />APPROVED ECONOMIC DEVELOPMENT USES OF QUARTER <br />CENT SALES TAX <br />8% <br />5% <br />8% <br />1.5% <br />16% <br />1.5% <br />■ Debt Service on Infrastructre <br />■ Collaborative Outreach <br />Small Business Loan Fund <br />■ Collaterial Materials <br />Innovation Center <br />Agricultural Economic <br />Development <br />Business Investment Grants <br />
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