Orange County NC Website
Abstract Purpose <br />Establish the Small Business Fund on the County’s Financial System <br /> <br />Enhanced Policies and Procedures and Controls <br /> <br />Transfer of all remaining balance of $510,000 and accrued balances from <br />the SBL bank account to the County’s bank account <br /> <br />Make all outstanding 11 loans (current balance $286,508.17) zero <br />interest and all new loans zero interest <br /> <br />Eventual dissolution of the SBL nonprofit as unanimously voted by the <br />SBL Board <br /> <br /> <br />6