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15 <br /> 1 Orange County's Use of Article 46 Funding to Collaborate with Towns on Joint Economic <br /> 2 Development Protects: Town of Carrboro <br /> 3 • Cumulative value of Article 46 funds used since 2012 to approve small business grants <br /> 4 & small business loans for Carrboro-based firms ($104,860.00). <br /> 5 • Co-funding by the County & Town in 2012 to provide the 25% required co-pay for a <br /> 6 "Community Development Block Grant" (CDBG) awarded by the N.C. Department of <br /> 7 Commerce to repair a failing privately-owned sewer line located along Roberson Street. <br /> 8 Previous proposal by the Town regarding a desire to have municipal water brought to <br /> 9 several business tracts located along N.C. 54 West, in order to create fire protection <br /> 10 sprinkler service for those sites, and request the County's financial participation from <br /> 11 Article 46. (2012, 2013 & 2014). <br /> 12 Previous proposal by the Town to have municipal water and sewer brought to a 20-acre <br /> 13 Town-owned site located along Old N.C. 86 for the purpose of creating a business park. <br /> 14 (2016 & 2017). <br /> 15 Current proposal by the Town to seek Article 46 or other funding from the County to <br /> 16 provide for additional parking (to include construction of a desired parking deck or a <br /> 17 parking lot) to serve the planned 203 S. Greensboro Street library & town offices project. <br /> 18 Current proposal by the Town to seek Article 46 or other County funding to help pay for <br /> 19 new wayfinding signage in downtown Carrboro (up to $400,000 total cost). <br /> 20 <br /> 21 Orange County's Use of Article 46 Funding to Collaborate with Towns on Joint Economic <br /> 22 Development Protects <br /> 23 Small Business — retention & expansion of existing firms <br /> 24 Manage the County's marketing of small business Loan and Grant programs & disburse <br /> 25 all funds — all 3 Towns. <br /> 26 Co-host various joint County & Chapel Hill business networking events for existing small <br /> 27 businesses (includes LAUNCH incubator cohorts). <br /> 28 Co-fund the LAUNCH incubator in Chapel Hill to support the growth of emerging high- <br /> 29 tech entrepreneurial firms. <br /> 30 Encourage joint County & Town visitation program with existing small businesses. <br /> 31 Hosted the joint County & Town participation in the U.S. Small Business Administration's <br /> 32 recent Disaster Recovery workshop for firms impacted by Hurricane Florence. <br /> 33 <br /> 34 Examples of Economic Development Collaboration Between the County & Towns <br /> 35 Orange County Small Business Grant Program (total since 2014) <br /> 36 125 grants provided to existing small businesses in our 3 Towns. <br /> 37 $653,681.00 in total grants awarded. <br /> 38 Orange County Agriculture Grant Program (total since 2009) <br /> 39 55 grants provided to existing ag & food processing businesses in our 3 Towns. <br /> 40 $402,249.98 in total agriculture grants awarded. <br /> 41 Orange County Small Business Loan Fund (total since 2009) <br /> 42 22 loans provided to existing small businesses in our 3 Towns. <br /> 43 $974,848.00 in total loans awarded. <br /> 44 Orange County Arts Commission (for FY 2018-19) <br /> 45 38 grants were funded to 28 artists, 21 organizations & 10 schools in our 3 Towns. <br /> 46 $61,394.00 in Orange County & NC Arts Council funds were awarded <br /> 47 29% increase in applications received over the previous year <br /> 48 <br /> 49 Examples of Economic Development Collaboration Between the County & Towns <br />