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Agenda - 11-13-2018 8-e - Nonprofit Capital Funding Loan Agreement
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Agenda - 11-13-2018 8-e - Nonprofit Capital Funding Loan Agreement
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11/8/2018 2:04:34 PM
Creation date
11/8/2018 2:06:22 PM
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BOCC
Date
11/13/2018
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
8-e
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Agenda - 11-13-2018 Regular Board Meeting
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Path:
\Board of County Commissioners\BOCC Agendas\2010's\2018\Agenda - 11-13-2018 Regular Meeting
Minutes 11-13-2018
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Path:
\Board of County Commissioners\Minutes - Approved\2010's\2018
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<br /> <br />The loan program will be administered as part of the County’s Outside Agency process with <br />each capital loan request being submitted to the County Manager and Department of Finance <br />and Administrative Services by the end of November. <br /> <br />FINANCIAL IMPACT: There is no financial impact from the approval of the Nonprofit Capital <br />Loan template. <br /> <br />SOCIAL JUSTICE IMPACT: The following Orange County Social Justice Goal is applicable to <br />this item: <br />• GOAL: ENSURE ECONOMIC SELF-SUFFICIENCY <br />The creation and preservation of infrastructure, policies, programs and funding necessary <br />for residents to provide shelter, food, clothing and medical care for themselves and their <br />dependents. <br /> <br />RECOMMENDATION(S): The Manager recommends that the Board approve the use of the <br />attached Nonprofit Loan template for the awarding loans to Nonprofits. <br />2
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