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48 <br /> 1 Slide#3 <br /> Notes <br /> •A few oversights on your packets to be updated <br /> •Attachment 3 did not have updated final allocation amounts, <br /> •Should read$222,120(CASA),$136,499(DCPEH),and$36,701(Admin) <br /> Attachment 1, p. 24 did not have current project <br /> recommendations, and had one incorrect project year (2021 v. <br /> 2024) <br /> n ORANGECOUNTY <br /> 2 ®HOUSING DEPARTMENT <br /> 3 <br /> 4 Slide #4 <br /> Next Steps <br /> •BOCC approves AAP <br /> Towns approve AAP <br /> •Hillsborough has approved, Carrboro scheduled to do so <br /> tonight, Chapel Hill rescheduled for 6/12 <br /> -OC Housing submits AAP to HUD (7/15 Deadline) <br /> n ORANGECOUNTY <br /> 5 �1 HOUSING DEPARTMENT <br /> 6 A motion was made by Vice-Chair Greene, seconded by Commissioner Fowler, to adopt <br /> 7 and authorize the Chair to sign a Resolution authorizing submission of the FY 2024-2025 Annual <br /> 8 Action Plan; adopt a Resolution approving the proposed HOME Program Activities for FY 2024- <br /> 9 2025; and authorize the County Manager to implement the HOME Program as approved by the <br /> 10 BOCC, including the ability to execute agreements with partnering nonprofit organizations after <br /> 11 consultation with the County Attorney and based on the allocation received from HUD. <br /> 12 <br /> 13 VOTE: UNANIMOUS <br /> 14 <br /> 15 b. Adoption of the Final Financing Resolution Authorizing the Issuance of Installment <br /> 16 Purchase Financing for Various Capital Investment Plan Projects <br /> 17 The Board considered adopting the final financing resolution authorizing the issuance of up to <br /> 18 $13,000,000 in installment financing to finance capital investment projects and equipment for the <br /> 19 fiscal year. The financing will also include amounts to pay transaction costs. <br /> 20 BACKGROUND: At the May 7, 2024 Business meeting, the Board of County Commissioners <br /> 21 conducted a public hearing and received preliminary information on capital projects and <br /> 22 equipment financing. The Board approved a resolution making a preliminary determination to <br />