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3 <br /> • On November 17, 2015 the BOCC approved a new 3-year Interlocal Agreement starting <br /> on January 1, 2016 and expiring on December 31, 2018. The County's cost remained at <br /> $10,000 per quarter, or $120,000 total over 36 months. <br /> FINANCIAL IMPACT: The proposed new Interlocal Agreement requires Orange County to <br /> contribute an additional $8,375 per quarter (or $33,500 annually) for up to three (3) years, or up <br /> to $100,500 total. This is an increase in Orange County's current level of funding the BOCC <br /> approved on November 17, 2015 to co-fund LAUNCH with the current Interlocal Agreement with <br /> Chapel Hill. County funding is provided by Article 46 proceeds dedicated for entrepreneurial <br /> development, and not from the General Fund. <br /> SOCIAL JUSTICE IMPACT: The following Orange County Social Justice Goal is applicable to <br /> this agenda item: <br /> • GOAL: ENSURE ECONOMIC SELF-SUFFICIENCY <br /> The creation and preservation of infrastructure, policies, programs and funding necessary <br /> for residents to provide shelter, food, clothing and medical care for themselves and their <br /> dependents. <br /> RECOMMENDATION(S): The Manager recommends that the Board receive and review the <br /> amended Interlocal Agreement proposal, direct the County Attorney to coordinate with the <br /> Chapel Hill town attorney to draft a contract amendment to the current Interlocal Agreement, <br /> and authorize the Manager to sign. <br />