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Agenda Item 1 - Economic Development Districts – Follow-up from Board Retreat
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Agenda Item 1 - Economic Development Districts – Follow-up from Board Retreat
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8/31/2018 3:36:20 PM
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8/31/2018 3:29:25 PM
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BOCC
Date
9/6/2018
Meeting Type
Work Session
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Agenda
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Innovation i <br />"Launch Cha <br />$100,10 <br />Small Business Lo; <br />Pool, $200,000 <br />Collateral Mate <br />$20,000 <br />Collaborative <br />$20,( <br />ORANGE COUNTY <br />ECONOMIC DEVELOPMENT <br />NORTH CAROLINA <br />Business Investment Article dG Sales Tax <br />.5 -16 <br />Debt Service on <br />structure, $857,288 <br />Economic Development Use of Proceeds <br />Recommended <br />FY 15 -16 <br />% <br />Of Total <br />Debt Service on Infrastructure <br />$857,288 <br />60.92% <br />Utility Service Agreement with Mebane <br />$50,000 <br />3.55% <br />Collaborative /Outreach <br />$20,000 <br />1.42% <br />Small Business Loan Pool <br />$200,000 <br />14.21% <br />Innovation Center - "Launch Chapel Hill" <br />$100,000 <br />7.11% <br />Agricultural Grants <br />$60,000 <br />4.26% <br />Business Investment Grants <br />$100,000 <br />7.11% <br />Collateral Materials <br />$20,000 <br />1.42% <br />Total <br />$1,407,288 <br />100% <br />
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