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15 <br /> plan being conceptual, and voted on officially in consecutive years. She said the Board <br /> affirmatively voted to move the project to years 1, 2 and 3, but did not determine any offsets for <br /> years 2 and 3. <br /> Commissioner Dorosin said that is correct, as he understands it. <br /> Commissioner Marcoplos said his understanding was that the conversation was to pick <br /> up in September about the offsets for years 2 and 3. He said he is having difficulty supporting <br /> the offsets in year one, because none of the Board clearly understands the implications of <br /> those offsets. <br /> Bonnie Hammersley said the CIP has detailed information on every project in the <br /> budget, and if the Board needs more information, it should let staff know. <br /> Commissioner Dorosin said he wanted to follow up on Commissioner Marcoplos' point. <br /> He said he did look through the CIP very closely to find the offsetting costs he proposed, and <br /> he is aware of the implications of these cuts. He said the decision of what to cut was not easy. <br /> Commissioner Marcoplos said he wants to point out the distinction between knowing <br /> what each dollar is spent on these projects versus what will happen if the projects are not <br /> completed. He said he hopes the Board of County Commissioners (BOCC) can have a wider <br /> discussion in the fall. He said he is confident that Commissioner Dorosin did diligent work in <br /> proposing the cuts that he did. <br /> A motion was made by Commissioner Dorosin, seconded by Commissioner Bedford for <br /> the Board to approve funding and adopt the Orange County Capital Investment Plan projects <br /> for FY2020-21 (Year 1), as stated in Attachment 1. <br /> VOTE: UNANIMOUS <br /> c. Approval of Small Business Program Modifications <br /> The Board considered voting to: <br /> 1) Establish the Small Business Fund on the County's Books and Chart of Accounts; <br /> 2) Approve the transfer of the remaining balance of$510,000 from the Small Business <br /> bank account to the County's bank account, of which $410,000 is to be used for <br /> Emergency grants to small businesses and the remaining $100,000 and any residual <br /> balances to be deposited in the County's bank account; <br /> 3) Approve the Staff and Small Business Loan Board recommendation for the eventual <br /> dissolution of the nonprofit entity named the Orange County Small Business Loan <br /> Company Program; and <br /> 4) Approve the Staff and Small Business Loan Board recommendation to make all 11 <br /> existing loans with an outstanding balance of$286,508.17 as zero interest and <br /> subsequent Small Business Loans as zero interest. <br /> Gary Donaldson, Chief Financial Officer, presented the item below: <br /> BACKGROUND: <br /> In December 1997, the BOCC approved Articles of Incorporation and Bylaws establishing the <br /> nonprofit Orange County Small Business Loan (SBL) Company. Staff and the Small Business <br /> Loan Board are recommending the eventual dissolution of the nonprofit SBL and transferring all <br /> funds and the financial administration of the program to County's books and existing policies <br /> and procedures. The rationale is that the County's financial administration will provide <br />