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ORANGE COUNTY <br /> ECONOMIC DEVELOPMENT <br /> NORTH CAROLINA <br /> Business Investment Article 46 Sales Tax <br /> Grants,$100,000 <br /> FY 2015-16 <br /> Agricultural Grants, <br /> $60,000 <br /> Innovation Center- <br /> "Launch Chapel Hill", <br /> $100,000 <br /> Small Business Loan <br /> Pool,$200,000 <br /> Collateral Materials, <br /> $20,000 <br /> Collaborative/Outreach, Debt Service on <br /> $20,000 Infrastructure, $857,288 <br /> Utility Service <br /> Agreement with <br /> Mebane,$50,000 <br /> Economic Development Use of Proceeds Recommended % <br /> FY 15-16 Of Total <br /> Debt Service on Infrastructure $857,288 60.92% <br /> Utility Service Agreement with Mebane $50,000 3.55% <br /> Collaborative/Outreach $20,000 1.42% <br /> Small Business Loan Pool $200,000 14.21% <br /> Innovation Center- "Launch Chapel Hill" $100,000 7.11% <br /> Agricultural Grants $60,000 4.26% <br /> Business Investment Grants $100,000 7.11% <br /> Collateral Materials $20,000 1.42% <br /> Total $1,407,288 100% <br />