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15 <br /> 1 Other factors that can influence Golden LEAF's favorable review of a grant application include <br /> 2 the following: • Description of need in the County • The County's process to select the project <br /> 3 being nominated for a grant, and how it is a direct fit with Golden LEAF's core priorities • The <br /> 4 County's past planning efforts, strengths, weaknesses, opportunities, and threats (SWOT) <br /> 5 analyses, and related studies that focus on the nominated projects • The County's and related <br /> 6 agencies' ability to conduct the work, achieve results, and manage all reporting documentation <br /> 7 requirements • Examples to show broad community support for the project • A description of the <br /> 8 20% local cash match by the County • Any previous Golden LEAF grants in the past (such as <br /> 9 Golden LEAF's funding assistance with the Piedmont Food & Agricultural Processing Center <br /> 10 (PFAP) food processing incubator) • The impact and potential outcomes, and population served <br /> 11 in the County by the proposed projects <br /> 12 <br /> 13 Five potential projects have been submitted to the County Manager's office for consideration <br /> 14 and are summarized in Attachment 1. Orange County Proposals • Eno Economic Development <br /> 15 District (EDD) Gravity Sewer Extension • Buckhorn-Mebane EDD Gravity Sewer Extension • <br /> 16 Hillsborough EDD Water and Sewer Infrastructure Town of Carrboro Proposal • Old NC 86 <br /> 17 Light Industry/Flex Park Piedmont Food &Agricultural Processing Center (PFAP) Proposal • <br /> 18 Regional Cold-Chain and Co-packing Initiative <br /> 19 <br /> 20 Carrboro Mayor Lydia Lavelle has provided a letter at Attachment 3 in support of the Old NC 86 <br /> 21 Light Industry/Flex Park grant requested by the Town. 2 Additional information on the grant <br /> 22 applications, provided as Attachment 4, is only available electronically at: <br /> 23 https://www.dropbox.com/sh/xof3dc6ovOcul ml/ Bp5axcgCzOID OUii6myoZa?d1=0 <br /> 24 <br /> 25 FINANCIAL IMPACT: The Golden LEAF grant application process requires a 20% cash match <br /> 26 for any grant proposal. The County's water and sewer projects are already budgeted with debt <br /> 27 service being paid through Article 46 funding. As a result, Article 46 funds would serve as the <br /> 28 match for those projects. The Town of Carrboro plans to utilize the US Department of <br /> 29 Agriculture Rural Economic Development Loan & Grant Program (USDA REDLG), administered <br /> 30 through Piedmont Electrical Coop, under which the town would pay back over a 10 year period <br /> 31 at 0% interest to cover its 20% local match requirement. PFAP would be seeking Article 46 <br /> 32 funding to cover the 20% local match ($70,000.) If one of the County's sewer infrastructure <br /> 33 projects is selected and funded with grant funds, Article 46 funds dedicated to debt service may <br /> 34 be reallocated to other projects. <br /> 35 <br /> 36 Steve Brantley, Economic Development Director, made the following PowerPoint <br /> 37 presentation: <br /> 38 <br /> 39 Community Based Grantsmaking Initiative <br /> 40 October 3, 2017 <br /> 41 <br /> 42 Characteristics of Competitive Projects <br /> 43 • Will "do the most good for the most people" <br /> 44 • Demonstrate a timeliness of need and an ability to put grant funds to work quickly <br /> 45 • Focused on action, not planning <br /> 46 • Leverage additional funds —20% local Cash match <br /> 47 • Will leverage previous community planning processes <br /> 48 • Are sustainable <br /> 49 • Have strong support from variety of county citizens/organizations <br /> 50 <br />