Orange County NC Website
13 <br /> Slide #5 <br /> Proposed Renewal <br /> • Proposed renewal for two additional years to October 2025 <br /> • PFPC obligations are maintained <br /> PFPCis granted access to the facility and equipmentto enable local food and agricultural entrepreneurship <br /> — PFPC manages the facility and relationships with users <br /> — PFPCsets userfees <br /> PFPC obligated to work with Economic Development,Chamber of Commerce to market the faciI ity <br /> — PFPC obligated to submit annual balance sheet,profit and loss statement,and cash flow statement to <br /> demonstrate financial stability and performance <br /> PFPC maintains and repairs some eq u ipment related to kitchen operations <br /> • County obligations also maintained <br /> — General facility maintenance <br /> — Capital improvements <br /> ORANGE COUNTY <br /> NaRrH C.ARc3LJNA <br /> Slide #6 <br /> County Capital Improvements <br /> Debt service for capital improvements paid using Article 46 sales tax revenue <br /> • Ten-year capital improvement history—total $1.8 million authorized <br /> • Recent investments included in the $1.8 million total <br /> — $185,000 to install pre-cast interceptorfor grease,add a drive over drain for food trucks and other <br /> improvements to comply with town and environmental health regulations,and an emergency generator to <br /> provide consistentccclingcapability during a power interruption. <br /> — 5115,000 to install exterior sign age,paint the interior and exterior, update the existing epoxy fi❑oring,and <br /> improve the exterior lighting. <br /> $140,000 to install roofing system over the exterior freezers <br /> — 5242,000 to design and replace the existing heating,ventilation and air conditioning units <br /> $19,019 to replace the exterior windows <br /> ORANGE COUNTY <br /> 110L3RTH C:ARi3L1NA <br />