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5 <br /> ORANGE COUNTY <br /> ECONOMIC DEVELOPMENT <br /> NORTH CAROLINA <br /> 131 W. Margaret Lane, Suite 205 <br /> Hillsborough, NC 27278 <br /> August 19, 2020 <br /> To the Orange County Board of Commissioners, <br /> On behalf of the Orange County Economic Development Advisory Board and its' leadership, <br /> I request that the following action items are considered during your next advisory board <br /> appointment discussion. These 3 actions have the endorsement of our advisory board members, <br /> as follows: <br /> (1) Extend the current term of our current board Chair for one (1) additional year. <br /> • Paige Zinn <br /> (2) Reappoint one member for a second 3-year term. <br /> • Sharon Hill <br /> (3) Fill 2 current vacancies with 2 qualified and recommended applicants who currently <br /> assist the County and our Department with the "Orange County Small Business Loan <br /> Program". These 2 individuals have critical expertise and have assisted the Economic <br /> Development office over several years to help guide the required credit review process <br /> for our small business loan applicants and clients. Their continued assistance to our <br /> Department is vital as the current small business nonprofit loan program is fully <br /> transitioned into a fully County-managed loan program. Our 2 proposed appointments <br /> would bring their financial expertise to the advisory board, and the loan program. <br /> • Jonna Hunt <br /> • Tom Proctor <br /> If the BOCC approves the 3 requested actions, our 10-member advisory board will be <br /> comprised of 5 women, and 2 representing minority African American members. <br /> Regarding interest by other applicants to Economic Development, our advisory board <br /> pledges to pursue the review and recommendation as new advisory board openings occur. <br /> Best regards, <br /> �J <br /> Steve Brantley <br /> Director, <br /> Orange County Economic Development <br />