Orange County NC Website
Browse       Search
 <br />1.Introduction <br />7KH&OHDQ$LU$FWUHTXLUHVWKH8QLWHG6WDWHV(QYLURQPHQWDO3URWHFWLRQ$JHQF\ 86(3$ WRVHW <br />OLPLWVRQKRZPXFKRIDSDUWLFXODUSROOXWDQWFDQEHLQWKHDLUDQ\ZKHUHLQWKH8QLWHG6WDWHV1DWLRQDO <br />$PELHQW$LU4XDOLW\6WDQGDUGV 1$$46 DUHWKHSROOXWDQWOLPLWVVHWE\WKH86(3$WKH\GHILQHWKH <br />DOORZDEOHFRQFHQWUDWLRQRISROOXWLRQLQWKHDLUIRUVL[GLIIHUHQWSROOXWDQWV±&DUERQ0RQR[LGH/HDG <br />1LWURJHQ'LR[LGH3DUWLFXODWH0DWWHU2]RQHDQG6XOIXU'LR[LGH <br />7KH&OHDQ$LU$FWVSHFLILHVKRZDUHDVZLWKLQWKHFRXQWU\DUHGHVLJQDWHGDVHLWKHU³DWWDLQPHQW´RU <br />³QRQDWWDLQPHQW´RIDQDLUTXDOLW\VWDQGDUGDQGDXWKRUL]HV86(3$WRGHILQHWKHERXQGDULHVRIQRQ <br />DWWDLQPHQWDUHDV)RUDUHDVGHVLJQDWHGDVQRQDWWDLQPHQWIRURQHRUPRUH1$$46WKH&OHDQ$LU$FW <br />GHILQHVDVSHFLILFWLPHWDEOHWRDWWDLQWKHVWDQGDUGDQGUHTXLUHVWKDWQRQDWWDLQPHQWDUHDVGHPRQVWUDWH <br />UHDVRQDEOHDQGVWHDG\SURJUHVVLQUHGXFLQJDLUSROOXWLRQHPLVVLRQVXQWLOVXFKWLPHWKDWDQDUHDFDQ <br />GHPRQVWUDWHDWWDLQPHQW(DFKVWDWHPXVWGHYHORSDQGVXEPLWD6WDWH,PSOHPHQWDWLRQ3ODQ 6,3 WKDW <br />DGGUHVVHVHDFKSROOXWDQWIRUZKLFKLWYLRODWHVWKH1$$46,QGLYLGXDOVWDWHDLUTXDOLW\DJHQFLHVDUH <br />UHVSRQVLEOHIRUGHILQLQJWKHRYHUDOOUHJLRQDOSODQWRUHGXFHDLUSROOXWLRQHPLVVLRQVWROHYHOVWKDWZLOO <br />HQDEOHDWWDLQPHQWDQGPDLQWHQDQFHRIWKH1$$467KLVVWUDWHJ\LVDUWLFXODWHGWKURXJKWKH6,3 <br />,Q1RUWK&DUROLQDWKHDJHQF\UHVSRQVLEOHIRU6,3GHYHORSPHQWLVWKH1RUWK&DUROLQD'HSDUWPHQWRI <br />(QYLURQPHQWDQG1DWXUDO5HVRXUFHV'LYLVLRQRI$LU4XDOLW\ 1&'(15'$4 7KHGHOLQHDWLRQDQG <br />LPSOHPHQWDWLRQRIVWUDWHJLHVWRFRQWUROHPLVVLRQVIURPRQURDGPRELOHVRXUFHVLVDVLJQLILFDQWHOHPHQW <br />RIWKHVWDWHSODQWRLPSURYHDLUTXDOLW\ZKLFKOLQNVWUDQVSRUWDWLRQDQGDLUTXDOLW\SODQQLQJDFWLYLWLHV <br />ZLWKLQDQRQDWWDLQPHQWRUPDLQWHQDQFHDUHD7KHSURFHVVRIHQVXULQJWKDWDUHJLRQ¶VWUDQVSRUWDWLRQ <br />SODQQLQJDFWLYLWLHVFRQWULEXWHWRDWWDLQPHQWRIWKH1$$46RU³FRQIRUP´WRWKHSXUSRVHVRIWKH6,3LV <br />UHIHUUHGWRDVWUDQVSRUWDWLRQFRQIRUPLW\,QRUGHUWRUHFHLYHIHGHUDOWUDQVSRUWDWLRQIXQGVZLWKLQDQRQ <br />DWWDLQPHQWRUPDLQWHQDQFHDUHDWKHDUHDPXVWGHPRQVWUDWHWKURXJKDIHGHUDOO\PDQGDWHGFRQIRUPLW\ <br />SURFHVVWKDWWKHWUDQVSRUWDWLRQLQYHVWPHQWVVWUDWHJLHVDQGSURJUDPVWDNHQDVDZKROHFRQWULEXWHWRWKH <br />DLUTXDOLW\JRDOVGHILQHGLQWKHVWDWHDLUTXDOLW\SODQ <br />,QRUGHUWRHQVXUHWKHFRQIRUPLW\UHTXLUHPHQWVDUHPHW6HFWLRQ F RIWKH&OHDQ$LU$FW <br />DXWKRUL]HVWKH86(3$$GPLQLVWUDWRUWR³SURPXOJDWHFULWHULDDQGSURFHGXUHVIRUGHPRQVWUDWLQJDQG <br />DVVXULQJFRQIRUPLW\LQWKHFDVHRIWUDQVSRUWDWLRQSODQVSURJUDPVDQGSURMHFWV´7KLVLV <br />DFFRPSOLVKHGWKURXJKWKH7UDQVSRUWDWLRQ&RQIRUPLW\5XOHGHYHORSHGE\WKH86(3$WRRXWOLQHDOO <br />IHGHUDOUHTXLUHPHQWVDVVRFLDWHGZLWKWUDQVSRUWDWLRQFRQIRUPLW\7KH7UDQVSRUWDWLRQ&RQIRUPLW\ <br />5XOHLQFRQMXQFWLRQZLWKWKH0HWURSROLWDQ3ODQQLQJ5HJXODWLRQVGLUHFWWUDQVSRUWDWLRQSODQDQG <br />SURJUDPGHYHORSPHQWDVZHOODVWKHFRQIRUPLW\SURFHVV <br />7KHSXUSRVHRIWKLVUHSRUWLVWRFRPSO\ZLWKWKHSURYLVLRQVRIWKH&OHDQ$LU$FW$PHQGPHQWVRI <br />LQFRQFXUUHQFHZLWKDOOFRQIRUPLW\UHTXLUHPHQWVDVGHWDLOHGLQ&)53DUWVDQG WKH <br />7UDQVSRUWDWLRQ&RQIRUPLW\5XOH DQG&)53DUW WKH0HWURSROLWDQ3ODQQLQJ5HJXODWLRQV ,W <br />GHPRQVWUDWHVWKDWWKHILQDQFLDOO\FRQVWUDLQHGPHWURSROLWDQWUDQVSRUWDWLRQSODQVDQGWKHWUDQVSRUWDWLRQ <br />LPSURYHPHQWSURJUDPV 7,3V HOLPLQDWHRUUHGXFHIXWXUHYLRODWLRQRIWKH1DWLRQDO$PELHQW$LU <br />4XDOLW\6WDQGDUGV 1$$46 LQWKHIROORZLQJMXULVGLFWLRQV <br />89 <br />ReturntoAgenda