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d.. <br /> 1 <br /> O R A N G E C O U N T Y <br /> BOARD OF COMMISSIONERS <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: February 16, 1993 <br /> Action Agenda <br /> Item # V�-A <br /> SUBJECT: Midway Development Commission <br /> DEPARTMENT: PUBLIC HEARING: Yes x No <br /> Economic Development Commission <br /> ATTACHMENT (S) : INFORMATION CONTACT: <br /> Request/Proposal Ted Abernathy - 732-8181 X2325 <br /> TELEPHONE NUMBERS : <br /> Hillsborough - 732-8181 <br /> Durham - 688-7331 <br /> Mebane - 227-2031 <br /> Chapel Hill - 967-9251/968-4501 <br /> PURPOSE: To respond to a request for funding from the Midway <br /> Development Commission <br /> BACKGROUND: In November, the Midway Development Commission <br /> submitted a request to each of the local governments for <br /> funding of an economic revitalization project for the Midway <br /> area. The proposal asked for $5, 000 from Orange County as part <br /> of a $29, 000 budget. The objectives were to establish a <br /> strategic plan for the area and to establish public private <br /> partnerships to carry out the plan. The first project of the <br /> Commission is described as a three story building with a <br /> grocery store, offices, and low-cost housing. The Economic <br /> Development Commission has been working with Town of Chapel <br /> Hill staff to coordinate responses. In January, Chapel Hill <br /> agreed to provide $6,000 of the $9, 000 request to begin the <br /> process in the form of a performance contract. <br /> RECOMMENDATION: The Manager recommends that the EDC negotiate <br /> a performance contract for $2,500 to assist with the initial <br /> implementation of this project, with funding to come from <br /> Contingency; further that the EDC and the Small Business and <br /> Technology Development Commission assist to complete the <br /> project. <br />