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Agenda - 06-02-20; 6-d - Coronavirus Relief Funding Plan and Additional Emergency Small Business Grant Funds
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Agenda - 06-02-20; 6-d - Coronavirus Relief Funding Plan and Additional Emergency Small Business Grant Funds
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5/28/2020 4:27:35 PM
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BOCC
Date
6/2/2020
Meeting Type
Business
Document Type
Agenda
Agenda Item
6-d
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Agenda 06-02-20 Virtual Business Meeting
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1 <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: June 2, 2020 <br /> Action Agenda <br /> Item No. 6-d <br /> SUBJECT: Coronavirus Relief Funding Plan and Additional Emergency Small Business <br /> Grant Funds <br /> DEPARTMENT(S): County Manager and Financial <br /> and Administrative Services <br /> ATTACHMENT(S): INFORMATION CONTACT: <br /> Bonnie Hammersley, (919) 245-2300 <br /> Travis Myren, (919) 245-2300 <br /> Gary Donaldson, (919) 245-2453 <br /> Paul Laughton, (919) 245-2152 <br /> PURPOSE: To approve: <br /> 1) the appropriation of $2,665,753 in Coronavirus Relief Funding (CRF) on a County-wide <br /> per capita basis; <br /> 2) the submittal of the County's CRF Plan by June 1, 2020; and <br /> 3) the appropriation of $410,000 in Article 46 Sales Tax Small Business Loan Funds for <br /> Emergency Funding to small businesses. <br /> BACKGROUND: The North Carolina General Assembly unanimously approved the Coronavirus <br /> Relief Funding (House Bill 1043) that was signed by the Governor on May 4, 2020. The CRF <br /> package includes relief measures related to public health and safety, education, small business <br /> assistance, and continuity of state government operations. <br /> The Orange County State-wide per capita share is $2,665,753 of the $150 million allocated to <br /> NC counties. House Bill 1043 does not appropriate any funds directly to a city or town, but <br /> instead delegates that funding decision to counties. At the May 19, 2020 Virtual Business <br /> Meeting, the BOCC approved the CRF funding allocation detailed in the table below based on a <br /> per capita allocation. <br /> Coronavirus Relief Per Capita <br /> Fund $ 2,665,753.00 Allocation <br /> ORANGE $ 1,546,136.74 58% <br /> CARRBORO $ 266,575.30 10% <br /> CHAPEL HILL $ 746,410.84 28% <br /> DURHAM $ - 0% <br /> HILLSBOROUGH $ 79,972.59 3% <br /> MEBANE $ 26,657.53 1% <br /> TOTAL $ 2,665,753.00 100% <br />
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