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Agenda - 10-13-2015 - 1 - Report on Article 46 Funds (One-Quarter Cent Sales Tax) to Support Education and Economic Development Programs in Orange County
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Agenda - 10-13-2015 - 1 - Report on Article 46 Funds (One-Quarter Cent Sales Tax) to Support Education and Economic Development Programs in Orange County
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10/12/2015 10:48:12 AM
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BOCC
Date
10/13/2015
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Work Session
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Agenda
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Minutes 10-13-2015
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\Board of County Commissioners\Minutes - Approved\2010's\2015
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16 <br /> E °°° --4 Debt Service on Utilities <br /> 17 32 & Infrastructure to 3 <br /> Economic Development Districts <br /> Article 46 annual funding: $750,000 or 60% of total <br /> Examples of Use: <br /> Town of Carrboro <br /> • County's 50/50 financial participation with the Town of Carrboro to <br /> share in the co-pay requirement for the Community Development <br /> Block Grant (CDBG) that funded the repair of a failing sewer line on <br /> Roberson Street. The utility line has now been repaired. <br /> Buckhorn Economic Development District <br /> • Over $4 million spent or committed to fund a backbone water & <br /> sewer utility line in the Buckhorn Economic Development District to <br /> help recruit prospective industries & business considering sites. <br />
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