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r [ <br /> IV. There are numerous events which could be scheduled for <br /> the facility which would not only make it economically <br /> self-sustaining, but would also generate more dollars <br /> spent in Orange County by guests and participants. (See <br /> Attachment D, compiled by Recreation and Parks <br /> Department, Agricultural Extension Service and local <br /> agriculture and horticulture teachers. ) <br /> V. It makes a great deal of sense to plan now for a <br /> facility that could provide a safe firing range for all <br /> law enforcement agencies in Orange County. (See <br /> Attachments E. F. G and H. ) A central locations for <br /> rural fire departments to train could be achieved easily <br /> by adding a tower and burn house for firefigher <br /> training. it would serve as a great civil defense <br /> facility. <br /> VI. It is a "given" that any site and any and all buildings <br /> would belong forever to Orange County and would not be <br /> subject to any transfer. A Board of Directors with <br /> representation from the County Board of Commissions <br /> would serve as a governing structure. (See Attachment <br /> I. ) <br /> VII. The Chairman of the Feasibility Study Committee proposes <br /> that an increase in the property tax of 1 cent for one <br /> year be considered as a possible funding source for the <br /> site and necessary buildings. The Chairman of this <br /> committee further recommends that should some benefactor <br /> come forward with a gift of land that could possibly <br /> serve as a site for this multipurpose facility, the <br /> Orange County Board of Commissioners should consider <br /> naming this facility in honor of this patron. <br /> The estimated cost for the land (ca. 40 acres) , <br /> buildings and equipment necessary to operate such a <br /> facility is approximately $340, 000. The Orange County <br /> Livestock Market Association would also need to raise <br /> capital of $200, 000 to operate the market and meet the <br /> requirements of the Federal Livestock Marketing Act. To <br /> this end, the Orange County Livestock Market Association <br /> would sell stock in the Association. <br /> Additional Attachments: <br /> Attachment J, Economic Development Commission Briefing <br /> on Livestock Market <br /> Attachment L, Preliminary Sketch of the Proposed <br /> Facility <br />