Orange County NC Website
27 <br /> 1 Gary Donaldson said staff considered this, and there are 11 businesses with <br /> 2 outstanding balances. He said staff will bring an abstract on June 16 with respect to the small <br /> 3 business non-profit, and this is for enhanced controls and bringing those funds unto the County <br /> 4 books. <br /> 5 Chair Rich asked if staff would use the press release to strongly encourage minority and <br /> 6 women owned businesses to apply. <br /> 7 Commissioner Bedford said she very much supports this, but would like to offer an <br /> 8 opposing view: there was an article in the News & Observer, which said 42% of the jobs lost will <br /> 9 not recover. She said the article's summary was that it is inefficient to use funds to support a <br /> 10 business that is not going to make it anyway. She said the County will be protected from this <br /> 11 due to the caveat of looking for applicants that will create jobs, or provide public service, etc. <br /> 12 She said it is important to use public dollars wisely. <br /> 13 Commissioner Price asked if applicants for County funding must have a good <br /> 14 relationship with another financial institution, or if the applicant can just be in good standing with <br /> 15 the County. <br /> 16 Gary Donaldson said the primary metric staff is using is April revenues. <br /> 17 Commissioner Price asked if the press release could be very simple and readable, so th <br /> 18 that one could pass it out to small businesses or emailed. <br /> 19 <br /> 20 A motion was made by Commissioner Bedford, seconded by Commissioner McKee for <br /> 21 the Board to approve the CRF Funding Plan for submittal to the State as stated herein, and <br /> 22 approve the appropriation of$410,000 from Article 46 Sales Tax Small Business Loan Program <br /> 23 funds for Emergency Small Business grants. <br /> 24 <br /> 25 VOTE: UNANIMOUS <br /> 26 <br /> 27 7. Reports <br /> 28 NONE <br /> 29 <br /> 30 8. Consent Agenda <br /> 31 <br /> 32 • Removal of Any Items from Consent Agenda <br /> 33 No items removed. <br /> 34 <br /> 35 • Approval of Remaining Consent Agenda <br /> 36 <br /> 37 A motion was made by Commissioner Greene, seconded by Commissioner McKee for <br /> 38 the Board to approve the remaining items on the Consent Agenda. <br /> 39 <br /> 40 VOTE: UNANIMOUS <br /> 41 <br /> 42 <br /> 43 a. Minutes <br /> 44 The Board approved the draft minutes from May 5, 12 and 14, 2020 as submitted by the Clerk <br /> 45 to the Board. <br /> 46 b. Motor Vehicle Property Tax Releases/Refunds <br /> 47 The Board adopted a resolution, which is incorporated by reference, to release motor vehicle <br /> 48 property tax values for three taxpayers with a total of six bills that will result in a reduction of <br /> 49 revenue in accordance with NCGS. <br /> 50 c. Property Tax Releases/Refunds <br />