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14 <br /> • LAUNCH incubator: 50/50 cost sharing to co-host 2 business networking events (2014 & <br /> 2015). <br /> • Business networking & speaker series conference events held at Carolina Inn, <br /> supported in partnership with the Town and assisted by Chapel Hill Magazine (2016 & <br /> 2017). <br /> • Joint recruitment & incentive commitment by the County & Town for Wegmans Food <br /> Markets' new 99,000 sq. ft. retail store (2016); the upcoming 5-year payment of the <br /> County's & Town's joint financial incentives to Wegmans, to be split 50/50, will not begin <br /> until approx. 2022. <br /> • Cumulative value of Article 46 funds used by the County since 2012 to approve small <br /> business grants & small business loans provided to Chapel Hill-based firms, including <br /> LAUNCH incubator tenants. ($737,189.00) <br /> Orange County's Use of Article 46 Funding to Collaborate with Towns on Joint Economic <br /> Development Projects: Town of Hillsborouqh <br /> • Cumulative value of Article 46 funds used since 2012 to approve small business grants <br /> & small business loans, and agriculture grants for Hillsborough-based firms, including <br /> food processing tenants at the Piedmont Food Processing Center. ($1,029,704.00) <br /> • County has plans in 2019—2020 to extend sewer to serve commercial & light industrial <br /> sites within the Hillsborough Economic Development District, located at the southwest <br /> quadrant of Interstate 40 and Old N.C. 86. <br /> City of Mebane <br /> • Orange County pays a $50,000 annual "Utility Service Agreement") to Mebane to <br /> guarantee a reserve capacity of 250,000 gal/day of sewer to serve the Economic <br /> Development District sites in the Efland, Buckhorn Road & Mebane region in western <br /> Orange County. <br /> • County has previously completed one sewer line project (connecting to the factory <br /> Morinaga) to serve commercial & light industrial sites within the Buckhorn Economic <br /> Development District in western Orange County, and has recently completed Phase II of <br /> the Efland-Buckhorn-Mebane sewer line extension project. <br /> Orange County's Use of Article 46 Funding to Collaborate with Towns on Joint Economic <br /> Development Projects: Town of Carrboro <br /> • Cumulative value of Article 46 funds used since 2012 to approve small business grants <br /> & small 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 <br /> "Community Development Block Grant" (CDBG) awarded by the N.C. Department of <br /> Commerce to repair a failing privately-owned sewer line located along Roberson Street. <br /> • Previous proposal by the Town regarding a desire to have municipal water brought to <br /> several business tracts located along N.C. 54 West, in order to create fire protection <br /> sprinkler service for those sites, and request the County's financial participation from <br /> Article 46. (2012, 2013 & 2014). <br /> • Previous proposal by the Town to have municipal water and sewer brought to a 20-acre <br /> Town-owned site located along Old N.C. 86 for the purpose of creating a business park. <br /> (2016 & 2017). <br /> • Current proposal by the Town to seek Article 46 or other funding from the County to <br /> provide for additional parking (to include construction of a desired parking deck or a <br /> parking lot) to serve the planned 203 S. Greensboro Street library & town offices project. <br />