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ORANGE COUNTY <br />BOARD OF COMMISSIONERS <br />ACTION AGENDA ITEM ABSTRACT <br />Meeting Date: January 18, 2001 <br />Action Agenda <br />Item No. 11 <br />SUBJECT: Release of State Economic Development Funding to Triangle J Council of <br />Governments <br />DEPARTMENT: Economic Development PUBLIC HEARING: (YIN) No <br />ATTACHMENT(S): <br />11/15/00 Letter from TJCOG <br />Resolution <br />INFORMATION CONTACT: <br />Dianne Reid , ext 2326 <br />Background from TJCOG TELEPHONE NUMBERS: <br />Hillsborough 732-8181 <br />Chapel Hill 968-4501 <br />Durham 688-7331 <br />Mebane 336-227-2031. <br />PURPOSE: To consider authorizing the release of funds that were appropriated to Councils of <br />Government by the North Carolina General Assembly. <br />BACKGROUND: Each year, the North Carolina General Assembly appropriates funds to the <br />eighteen Councils of Government across the state to promote economic development efforts. A <br />sum of $55,000 was appropriated to each COG for FY 00-01 to assist regional governments <br />with their economic development activities. Of Triangle J Council of Government's $55,000 <br />appropriation, $7,584.72 is due to the COG based on Orange County's population. The State <br />appropriation bill requires that each County's share must be released by the County to the <br />COG, or the funding reverts to the State's General Fund. The attached resolution would <br />authorize the release of Orange County's share of these funds to TJCOG. <br />FINANCIAL IMPACT: There is no direct impact on Orange County, as this action represents a <br />pass-through of State funds. <br />RECOMMENDATION(S): The Manager recommends that the Board of Commissioners <br />approve the attached resolution and authorize the Chair to sign it.