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Orange County's Use of Article 46 Funding to Collaborate wig <br /> Towns on Joint Economic Development Projects <br /> Town of Carrboro <br /> • Cumulative value of Article 46 funds used since 2012 to approve small business grants & small <br /> business loans for Carrboro-based firms ($104,860.00). <br /> • Co-funding by the County & Town in 2012 to provide the 25% required co-pay for a "Community <br /> Development Block Grant" (CDBG) awarded by the N.C. Department of Commerce to repair a <br /> failing privately-owned sewer line located along Roberson Street. <br /> • Previous proposal by the Town regarding a desire to have municipal water brought to several <br /> business tracts located along N.C. 54 West, in order to create fire protection sprinkler service for <br /> those sites, and request the County's financial participation from Article 46. (2012, 2013 & 2014). <br /> • Previous proposal by the Town to have municipal water and sewer brought to a 20-acre Town- <br /> owned site located along Old N.C. 86 for the purpose of creating a business park. (2016 & 2017). <br /> • Current proposal by the Town to seek Article 46 or other funding from the County to provide for <br /> additional parking (to include construction of a desired parking deck or a parking lot) to serve the <br /> planned 203 S. Greensboro Street library & town offices project. <br /> • Current proposal by the Town to seek Article 46 or other County funding to help pay for new <br /> wayfinding signage in downtown Carrboro (up to $400,000 total cost). <br /> ORANGE COUNTY <br /> NORTH CAROLINA <br />