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- <br /> , <br /> . <br /> Board Members -7- Economic Development program <br /> 7. .. t the function be housed in the County Planning Department <br /> urOer the day-to-day supervision of the Planning Director and <br /> thpt it be a part of the budget for the Department, subject to <br /> the annual audit review for all expenditures. Selection of <br /> th Development Director be by the Planning Director with the <br /> _-_ <br /> 8. .. ' _ <br /> t ie Industrial Revenue Bond Authority; and provide contact - --Oth all other agencies and groups which may now or in the <br /> fiture be involved in actions affecting economic development <br /> o Orange County. <br /> 9. That the Commission accept private monies with these funds <br /> earmarked for specific purposes such as travel and entertain- <br /> mOt expenses or needed activities necessary for economic <br /> development but not appropriate for public funds. <br /> 10. T <br /> $40,000. The prorated costs would be $27,500 from the County <br /> and $2,500 from each municipality and $2,500 from the Chamber. <br /> , <br /> 11. T at available funding sources and project initiatives be <br /> of t- Industrial Revenue Bond Authority and the Community <br /> Development Small Cities fund for economic development. <br /> ---l2. 4at the Commission and staff work affirmatively with the Triangle J � <br /> G, the contemplated foreign trade zone, the Research Triangle Park <br /> rorporation and the Department of Commerce. <br /> r-7:„..=~«�1-~ 44 ' ---7 — <br /> 1 Kenneth R. Thompson <br /> KRT:nm <br /> . <br /> 4 <br /> | / �� <br />