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1 <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: September 6, 2022 <br /> Action Agenda <br /> Item No. 6-b <br /> SUBJECT: Acknowledgement and Reaffirmation of Uses for the Proceeds from the Article <br /> 46 Sales Tax <br /> DEPARTMENT: Economic Development & <br /> County Manager's Office <br /> ATTACHMENT(S): INFORMATION CONTACT: <br /> 1) April 5, 2011 Resolution Calling Travis Myren, Deputy County Manager, <br /> For a November 8, 2011 Special (919) 245-2308 <br /> Advisory Referendum Concerning Steve Brantley, Economic Development <br /> the Levy of a One-Quarter Cent Director, (919) 245-2326 <br /> (1/4¢) County Sales and Use Tax <br /> 2) June 21, 2011 Resolution <br /> Regarding Uses of Potential <br /> Revenues from a One-Quarter <br /> Cent (1/4¢) County Sales and Use <br /> Tax <br /> 3) December 5, 2011 Resolution <br /> Levying an Additional One-Quarter <br /> Cent County Sales and Use Tax in <br /> Orange County <br /> 4) Proposed Resolution Dated <br /> Regarding Continued Uses of <br /> Revenues from a One-Quarter <br /> Cent (1/4¢) County Sales and Use <br /> Tax <br /> PURPOSE: To approve a new Resolution regarding the Economic Development portion of the <br /> Article 46 One-Cent (1/4¢) optional sales and use tax approved by voters on November 8, 2011; <br /> and confirm Orange County's continued commitment to fund economic development and public <br /> school capital needs for the next ten years, originally evidenced by the Resolution approved by <br /> the Board on June 21, 2011. <br /> BACKGROUND: On April 5, 2011 the Board of County Commissioners adopted a Resolution <br /> calling for a Special Advisory Referendum to be held on November 8, 2011 concerning the levy <br /> of a One-Quarter-Cent County Sales and Use Tax (Attachment 1). <br /> On April 19, 2011 the Board of Commissioners adopted A Resolution Regarding Uses of a <br /> Potential Revenues from a One-Quarter Cent (1/4¢) County Sales and Use Tax. The resolution <br /> established a ten-year commitment to allocate 50% of the funding to the County's two school <br /> systems and 50% of the funding to Economic Development initiatives. <br />