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HomeMy WebLinkAboutAgenda - 10-20-2009 - 5aORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: October 20, 2009 Action Agenda Item No.J~' -- A SUBJECT: Utility Extension Fund Request DEPARTMENT: Economic Development PUBLIC HEARING: (Y/N) Yes ATTACHMENT(S): 1) Fund Request Approved by Economic Development Commission Advisory Board (with Attachments A - C) 2) Resolution 3) Exhibit A-Utility Extension Fund INFORMATION CONTACT: Brad Broadwell, Economic Development Director 245-2325 Dottie Schmitt, Economic Development Specialist 245-2327 Agreement 4) Public Notice PURPOSE: To approve disbursement of the requested utility extension reimbursement for utility improvements in support of an entrepreneurial aquaculture facility in Cedar Grove. BACKGROUND: As provided in the Attachment A of Attachment 1 (page 5) the Utility Extension Fund (Fund) Procedures that were established in 1993 were designed to encourage economic development in Orange County by funding a portion of utility improvements necessary for commercial development. The Fund procedures require a maximum 5-year payback in increased property taxes and must meet the following criteria: 1. Project must have proper zoning; 2. Project must improve job opportunities for Orange County residents; 3. Project must provide jobs with wage scales in compliance with Orange County standards; and 4. Project must have a positive fiscal impact upon Orange County government. The current Fund applicant, Taylor Fish Farm, is astate-of-the-art aquaculture facility located in the Cedar Grove Township of Orange County. The farm is housed in a "barn" slightly smaller than a football field where Tilapia is raised from fingerling through average harvest size. The custom-designed facility utilitizes an indoor recirculating water system and an anabolic digestive system designed with the support of NC State aquaculture extension agency. The production facility has been sized to produce approximately 250,000 Ibs of Tilapia on an annual basis. Potential expansion plans include harvesting the liquid and solid by-products of the aquaculture process as a natural source of plant food and development of a hydroponics greenhouse with nutrients supplied by the aquaculture waste products. Construction of the facility required installation of two wells and a septic system and installation of three phase electric power source along Lonesome Road to the facility. The availability of three phase power may encourage additional commercial endeavors in the immediate area. An assessment of the value of the improvements was conducted August 2009. The value is estimated at $193,762 for 2010. An assessed value of $97,502 for 2009 reflects partial completion. At peak production, gross annual receipts are anticipated to be approximately $500, 000. The Taylor Fish Farm meets the stated requirements provided in the `Utility Extension Fund Procedures' (Orange County, December 21, 1993) for receipt of reimbursement from the Fund as follows: 1. The Project must have the proper zoning at the proposed site: The property is currently zoned AR (Agricultural Residential) which allows for a bona fide farm operation. 2. The project must improve job opportunities available to Orange County citizens, especially for women and minorities: The construction plans for the aquaculture facility originally proposed were revised to focus on the residents of Orange County (see Attachment B of Attachment 1 -July 15, 2009 article from The Herald-Sun). Taylor Fish Farm currently employs three permanent full time workers and one part time worker. An estimated five seasonal workers will be employed during the harvesting cycle which will occur every six weeks. 3. The project must provide lobs with wage scales in compliance with Orange County standards: The current living wage in Orange County is $10.12 per hour. All current employees of Taylor Fish Farm receive wages in excess of the current living wage. 4. The project must have a positive fiscal impact upon Orange County Government: The revised property tax assessment completed in August 2009 documents that the project improvements have increased the property value form $5,916 to $193,762, resulting in a projected net increase in property taxes of approximately $9,447 over five years of full scale operation. A fiscal impact analysis is included as Attachment C of Attachment 1. Disbursement of the requested $9,447 from the Utility Extension Fund for this project was unanimously approved by the Economic Development Commission at its September 10, 2009 meeting. The information packet (provided as Attachment 1) includes a background of the Fund. A draft of the resolution approving the agreement between the County and Taylor Fish Farm is provided as Attachment 2. A draft of Exhibit A -Utility Extension Fund Agreement is provided as Attachment 3. A Notice of Public Hearing as required by NC Statute 158-7.1(c) is provided as Attachment 4. FINANCIAL IMPACT: The project will result in an expenditure of $9,447 from the Utility Extension Fund. RECOMMENDATION(S): The Manager recommends that the Board, subject to all Fund requirements being met: • Receive public comments regarding the agreement between Orange County and Taylor Fish Farm; • Close Public Hearing; • Deliberate as necessary; • Approve the Resolution and Agreement with Taylor Fish Farm and approve disbursement of the requested funds from the Utility Extension Fund; and • Authorize the Chair to sign the Resolution and Utility Fund Extension Agreement on behalf of the Board. Attachment 1 Utility Extension Fund Request Taylor Fish Farm 3237 Lonesome Road Cedar Grove Revised Septe~rtberl7, 2009 Fund Background The Orange County Utility Extension Fund (Fund} was created in 1993, and as described in the attached undated summary entitled "Utility Extension Development", the fund is designed to "...encourage economic development in Orange County by providing funds to finance utility extensions for commercial entities." The intention of the fund is to cover a portion of the costs to extend utility infrastructure necessary to stimulate economic development, with a portion of the resulting increase in property tax revenue being used to repay the fund. The fund thereby acts as a revolving fund with the funds used to address other utility needs. A set of procedures were developed in 1993 to utilize the Fund; a copy of the procedures is provided as Attachment A, In summary, a potential project must conform with applicable zoning requirements, must provide job opportunities for a diverse group of Orange County citizens with wages scales in compliance with the Orange County living wage standard, and the project must be able to show that the increase in property taxes resulting from the infrastructure upgrade will more than cover the requested utility expenditures. The current balance in this fund is approximately $76,000. To date, two projects have been awarded funding from the Fund and are summarized below (as provided by April 19, 199b memo from Ted Abernathy, EDC, to Orange County Board of County Commissioners and John Link): • Meadowlands Park and Cornerstone Park Hillsborou h - In 1991 Orange County contributed $78,000 in conjunction with contributions from the Town of Hillsborough and two private development companies to upgrade the Hillsborough sewer system to allow commercial development, as well as provide benefits to surround schools and properties. The project had a net surplus to Orange County in the 5-year payback period of $276,209. • H_ ancor, Inc. -In 1993 Orange County provided $38,428 to assist the Hancor facility in their connection to the Efland sewer system by adding a small force main along Highway 70, allowing Hancor to expand their existing operations. The net surplus to Orange County in a 3-year payback period was $15,975. • Barber and Ross - In 1999 Orange County provided $50,000 to Barber & Ross Company, a manufacturer of pre-hung doors, windows, and millwork to aid in connecting their facility's sanitary waste stream to the existing sanitary sewer Iine located on US 70. Proiect Backeround Taylor Fish Farm is astate-of--the-art aquaculture facility located in the Cedar Grbve Township of Orange County. The farm is housed in a "barn", slightly smaller than a football field, where Tilapia is raised, from fingerling through average harvest size (ca. 1.51bs.). The custom-designed facility utilitizes an indoor recirculating water system and an anabolic digestive system, and was designed with the support of NC State aquaculture extension agency. The production facility has D been sized to produce approximately 250,000 lbs of Tilapia on an annual basis. Potential expansion plans includes harvesting the liquid and solid by-products of the aquaculture process as a natural source of plant food and development of a hydroponics greenhouse with nutrients supplied by the aquaculture waste products. Construction of the facility required installation two wells and a septic system and installation of a 3-phase electric power source down Lonesome Road to the facility. The availability of 3-phase power may encourage additional commercial endeavors in the immediate area. A revised assessment of the vahie of the improvements was conducted August 2009 and is estimated at $193,7b2 for the year 2010. An assessed value of $97,502 for the year 2009 reflects partial completion. At peak production, gross annual receipts are anticipated to be approximately $500,000. Proicct Specifics The Taylor Fish Farm meets the stated requirements provided in the `Utility Extension Fund Procedures' (Orange County, December 21, 1993) for receipt of reimbursement from the Fund as follows: • The Project must have the proper zoning at the proposed site: The property is currently zoned AR (Agricultural Residential) which allows for a commercial feeder operation. • The project »urst improve job opportunities available to Orange Corazty citizens, especially for women art~l rninorrties: The constivction plans for the aquacultuee facility originally called for were revised to focus on the residents of Orange County (see Attachment B - article from July 15, 2009 Herald-Sun). Taylor Fish Farm currently employs 3 permanent full time workers, and 1 part time worker. An estimated 5 seasonal workers that will be employed during the harvesting cycle, which will occur every six weeks. • The project rrrrrst provr~le jobs with wage scales ire compliance with Orange Corrrrt)~ starulards: The current living wage in Orange County is $10.12 per hour; all cui7ent employees of Taylor Fish Farm receive wages in excess of the current living wage. • The project must have a positive fiscal impact upon Orange County goven~ment: The revised property tax assessment completed in August 2009 documents that the project improvements have increased the property value form $5,916 to $193,7b2, resulting in a projected net increase in property taxes of approximately $9,447 over five years of full scale operation. A fiscal impact analysis is included as Attachment C. Recommendations It is recommended that the EDC review the request from Taylor Fish Farm for partial reimbursement of funds expended to bring the water, sewer and electric services necessary to establish their state of the art aquaculture facility under the Utility Fund Extension Procedures, and support a reimbursement of incurred costs in the amount of $9,447, which is the sun of expected additional property taxes from five full years of facility operations. Once a decision is made, the request will be presented to the Board of County Commissioners for their decision Attachment A: Orange County Utility Fund Extension Procedures (12-21-93) Attachment B: July i5, 2009 Herald-Sun article on Taylor Fish Farm Attachment C: Projected payback estimate l~/~~r~f-~irk'~~~ ~ ~v f~flGCh~~~ ~ .12-21-93 UTI~,xTY EXTENSION k'UND PROCEDURES Staff will review initial requests. - Any recommendations far County participation should conform with exist~.ng Water and Sewer Paliay requiring maximum 5- yeax payback in increased property taxes. .Five years is a maximum and staff is enoouraged to limit County participation in any individual project so that more pxojeats qan be considered. A project must also be evaluated based on Goal 9:, Section of the Policy that statest 1. The project must be assured of having the proper zoning at the proposed site; and 2. The project must improve job opportunities available to Orange County citizens, especially for women and minorities; and 3. The project must provide jobs with wage scales in compliance with Orange County standards adapted from time--to-time; .and ~. The project must have a positive fiscal impact upon Orange County government (The cast of services to be provided by Orange County to the project must be less than the local taxes and other revenues paid to the .County generated by the project.). A fiscal impact analysis shall be prepared by the applicant and verified .by Orange county and using a model provided by Orange County. -- Once a request is made, the staff will present it to the EDC fox a recommendation and then to the Board of County Commissioners far a decision to proceed or nat. - Reimbursements should be considered far eonstzuction and engineering costs. - Count funds should be used as repayment only after projects are fa.nished and the County Engineer has insured substantial completion and compliance to County standards. - Staff should consider need, job creation, wage levels, long- term repayment, long-term stability and any other criteria established by the Board of County Commissioners before making recommendations. - The staff shall provide an annual review of projects funded and their status and impact to the EDG Board. herald Taylor Fish Farm had a long journey BY BETH VELLIQUETTE :The Herald-Sun bvelliauetteCc~heraldsun.com Jul i5, 2009 j~ BOOKMRRK_ 1i ~; _.J D CEDAR GROVE -- The story of Taylor i=ish Farm goes back a couple of decades when a young black man tried to get a loan from the U.S. Department of Agriculture to grow tobacco in northwestern Orange County. Valee Taylor, whose family was farming tobacco at the time and whose mother's family had grown tobacco for three generations, was turned down for the loan. "They told me I didn't have any farming experience at the time," Taylor said. "We were raising about 75 to 80 acres of tobacco Taylor was in his mid-20s then. He's 52 years ofd now and has started raising tifapia fish in a big fish barn on his family's property in Cedar Grove. it's been a long journey for Taylor, but his story is similar to that of many black farmers who were turned down for agricultural loans. That's why he joined the Black Farmers Lawsuit, a class action suit against the USDA. After proving his case, he finally won tine right to obtain a loan from the federal agency. Even then the struggle wasn't over. "It was a long, hard process," he said. "For every step forward, they put us two steps back." The idea of starting a fish farm came from Taylor's sister and business partner, Rene Stewart. She heard that Southern Slates was putting up fish barns for free in North Carolina. Stewart, a pharmacist, explored the idea but found out the barns were being put up only on the East Coast. Nevertheless, the idea of a fish farm stuck in her mind. Then when Taylor won the lawsuit and the right to obtain a foan, they decided to start an aquaculture business. He obtained a loan of about $900,000 to build the barn, the tanks and to purchase equipment. The total cost was $1,153,000, Taylor said. Working with experts from N.C. State University, they obtained plans for a fish farm, and Taylor took classes on how to operate it. Although he`s only got his first batch of fingerlings and work on the barn is still in progress, Taylor walks through the barn, explaining each technical aspect of the process as though he's been operating it for years. He's raising tifapia, a mild-tasting fish that is popular with the Asian population. The fish he raises wil( be shipped live in tanker trucks to New York City and beyond, even into Canada, to be served in Chinese restaurants, where customers like to pick out a live fish from a tank when they order. About four weeks ago, Taylor received his first order of 24,000 fingerlings from Florida. The tiny fish weigh about half of a gram. In the fish barn, they'll be divided and moved into bigger and bigger tanks until they weigh about a pound and a half, when theylI{ be ready for market. The fingerings went into a tank in a sterile room, where they're fed and monitored for six weeks to make sure they don't have any diseases. After Six weeks, they're divided into two groups and dropped into two big cement tanks. http:Ilheraldsurt.soathernheadlines.com/resources/print&~endly.cfm?StoryID=1182399&pageid=l0 7/15/2009 r~a "They found that the smaller fish are catching up with the bigger fish when we split ahem up; Taylor said. "They were competing with the bigger fish for the food." From there, they'll be divided up and put into even bigger cement tanks until they`re grown. It takes about nine months to raise a fish, and if all goes according to plan, Taylor will raise between 250,000 and 300,000 pounds of fish a year. In building the 10,200-square-foot barn, Taylor's mo#her, Scenobia Taylor, insisted that her son hire local contractors to build the facility. "My mother said we could find people in the area that are just as good as people from the outside," Taylor said. "My mother and father are the silent partners. They have the last say so. They have a very strong sense of community." Tim Gerbing, who has a degree in aquaculture and aquatic biology, is the barn operator. "I was able to help them build this facility," he said as he inspected the fingerlings. "It's good to have someone who knows aquaculture." Dennis DeLong, the aquaculture specialist with N.C. State University, has provided the technical guidance throughout the process. He visits the barn once every week or two and Taylor and Gerbing call and ask him questions on a dally basis, he said. Tilapia is a strong fists that ships well, but the fish must be grown in barns rather than in ponds because they wouldn't survive a winter in North Carolina. North Carolina has about 10 fish barns, with most of them being on the coast. N.C. State has designs already prepared for fish barns, but it's not an easy business to get into because of the initial cast, DeLong said. "That's one of the drawbacks in starting this type of business," DeLong said. "There are high capital costs because it uses specialized equipment." North Carolina produces 2 million to 2.5 million pounds of tilapia per year. Although Taylor plans to ship most of his fish north, he also hopes to sett to area restaurants that want to buy locally grown products. "We would love for them to contact us," Taylor said. "We give a good product. We can tel! you exactly what we feed our fish:' I© p00KMflRK . ~ X~. t3,.,,~ © 2009 by The Durham Herald Company. A!I rights reserved. http://heraldsun.southernheadlines.com/resources/printfriendly.cf~n?StoiyID=1182399&pageid=l0 7/15/2009 Attachment C to Attachment 1 Orange County UtAity Extension Request Taylor Fish Farm Lonesome Road, Cedar Grove Revised September 18, 2009 Year Pro ert Value* Tax Rate (er $1 ** Pra ert Tares Additional Taxes from Im rovements 2008 $5,916 $ 0.010710 $ 63.36 $ - 2009 $97,502 $ 0.009216 $ 898.58 $ 835.22 2010 $193,762 $ 0.009216 $ 1,785.71 $ 1,722.35 2011 $193,762 $ 0.009216 $ 1,785.71 $ 1,722.35 2012 $193,762 $ 0.009216 $ 1,785.71 $ 1,722.35 2013 $193,762 $ 0.009216 $ 1,785.71 $ i 722.35 2014 $193,762 $ 0.009216 $ 1,785.71 $ 1,722.35 Total Estimated AdtlitiOnat Taxes Paid ~ 8~446.y7 * Adjusted property value for years 2010-2014 refiect completed project value from Orange County Tax Assessor communication. `* tsuture tax rate assu-ries no change from 2009 tax race for rate code 16. ***Tax revenue figures are only for Taylor Fish Farm, and do not include additional revenue that may accrue from adjacent properties which may benefit from extension of 3-phase utility improvements. RE~-aoor-1-o~5 ~ ATTACHMENT 2 NORTH CAROLINA Resolution Approving an Agreement Between Orange County and Taylor Fislt Farm Regarding the Extension of Water, Sewer and Electric Services Necessary to ORANGE COUNTY Establish an Aquacultttre Facility WHEREAS, pursuant to and in satisfaction of the requirements of North Carolina General Statute 158-7.1, the Boatd of Commissioners of Orange County, following a public hearing, has determined that if it contracts with Taylor Fish Farm as cwitemplated by the Agreement, Exhibit A, the taxable property of the County and the business prospects of the County will increase; and WHEREAS, the Board of Commissioners of Orange County has determined that the Taylor Fish Farm project will result in the creation or maintenance of several jobs in the County at a wage rate that exceed the living wage established by Orange County now and in the future. NOW, THEREFORE, BE IT RESOL'YED by the Board of Commissioners of Orange County: 1. The Board hereby makes the determinations atttibuted to it in Exhibit A and approves Exhibit A in substantially the same form as Exhibit A to this Resolution. 2. The Board commits nine thousand four hundred forty-seven dollars ($9,447.00) from the County's Utility Extension Fund as described in Exhibit A toward the incurred costs of Taylor Fish Farm in constructing water, sewer, and electric services to its Aquaculture Facility. 3. Officers and employees of the County ace authorized and directed to take such actions and execute and deliver such documents, certificates, undertakings, agreements or other instruments as they, with the advice of counsel, may deem necessary or appropriate to effectuate the contemplated agreement itt Exhibit A. This the day of October, 2009. Valerie Foushee, Chair Donna Baker, Clerk to the Board Orange County Board of Commissioners ATTACHMENT 3 (EXHIBIT A) NORTH CAROLINA ORANGE COUNTY Utility Extension Fund Agreement This agreement made and entered into this the day of October, 2009 by and among Orange County, a body. politic and corporate of the State of North Carolina (appearing hereinafter as "County"), and Taylor Fish Faims, a North Carolina General Partnership licensed to do business within the United States and North Carolina (appearing hereinafter as "Partnership"). WITNESSETH THAT WHEREAS, the Partnership is im the business of breeding and raising premium quality fresh fish for the wholesale market and operates an aquaculture facility in Orange County WHEREAS, the Pat~neiship has made substantial expenditures on water, sewer, and electric service infrastructure to upgrade its aquaculture facility; and WHEREAS, Orange County has established a "Utility Extension Fund Program" ("Fund") intended to be a revaluing fund used to address the utility needs of small businesses and encourage 'economic development in the County. A portion of the higher property taxes paid by the businesses will be used to replenish the Fund. WHEREAS, Orange County has agreed to provide funds to cover part of the costs incur-•ed by the Partnership to extend the utility infrastructure on the farm. A portion of the resulting increase in the Partnership's property tax revenue will be directed to the Fund. WHEREAS, the Partnership has agreed to meet and continue meeting the living wage requirements and other terms and conditions set forkh herein; NOW, THEREFORE, the parties hereto in consideration of these mutual covenants and agree-nents passing from each to the other do hereby agree as follows: I. COUNTY COMMITMENT (1.) The County acknowledges: (a) The project is currently zoned AR {Agricultural Residential), which allows for a bona fide farm operation. (b) The project has improved job opportunities for Orange County citizens in that the Partnership currently employs three permanent full time employees and employs approximately five seasonal employees during harvesting times. (c) The project provides jobs that comply with Orange County living wage standards. {d) The improvements made by the Partnership to its property in constructing the aquaculture facility have increased the taxable property value from $5,916.00 to $193,762 and that this provides a positive fiscal impact to Orange County. !/ (2.) The total County commitment to the Partnership from the Utility Extension Fund shall nat exceed $9,447.00. This payment shall be made to the Partnership within thirty (30} days of the Partnership providing such evidence as may be necessary in the County's sole discretion, to show that they have completed all work necessary to upgrade the water, sewer, and electrical system improvements as contemplated herein, and that such work was properly permitted and is Orange County and North Carolina Code compliant. II. PARTNERSHIP COMMITMENT (l.) The Partnership agrees to seek compliance with or remain in compliance with the Orange County Zoning Ordinance; to continue its efforts to employ Orange County citizens; to maintain wage rates that comply with Orange County living wage standards; {2.) The Partnership shall comply with all laws, ordinances, codes, rules, regulations, and Licensing requirements that are applicable to the conduct of its business, including those of federal, state, and local agencies having jurisdiction and/or authority. {3.) The Partnership agrees to provide all documentation and evidence requested by the County, sufficient to establish that it has completed the work of upgrading the water, sewer, and electrical systems at the aquaculture facility, that such work was properly permitted, and that such work is incompliance with applicable Orange County and North Carolina Code. III. REMEDY If Orange County determines that the Partnership does not meet and/or maintain the terms set forth in this Agreement, the County shall provide the Partnership written notice of the violation. The Partnership shall have thirty (30) days from date of notice to cure the breach to the County' satisfaction or reimburse the County the full amount of the disbursement from the Utility Extension Fund. IV. AMENDMENT This Agreement may not be amended orally or by performance. Any amendment must be made in written form and executed by duly authorized representatives of the County and the Partnership. V. ENTIRE AGREEMENT The parties have read this Agreement and agree to be bound by all of its terms, and fiuther agree that the Agreement constitutes the complete and exclusive statement of the agreement between the parties. VI. N~NASSIGNMENT The Partnership shall not make any assignment of this Agreement (including rights to payments) without the prior written consent of the County. VII. SEVERABILITY If any term or provision of this Agreement is held to be illegal, invalid, or unenforceable, the legality, validity, or enforceability of the remaining terms, or provisions of this Agreement shall not be affected thereby; and in lieu of such illegal, invalid or unenforceable term or provision, there shall be added by mutual agreement to this Agreement, a legal, valid, or enforceable term or provision, as similar as possible to the term or provision declared illegal, invalid, ox unenforceable. 2 VIII. COMPLIANCE WITH THE LOCAL GOVI<;RNMENT BUDGI+;T AND h'ISCAL CONTROL ACTS OF NORTH CAROLINA GENERAL STATUTES All appropriations and expenditures pursuant to this agreement shall be subject to the provisions of the Local Government Budget and Fiscal Control acts of the North Carolina General Statutes for cities and counties and shall be listed in the annual report submitted to the Local Government Commission. IX. GOVERNING LAWS This Agreement shall be governed and construed by the Laws of the State of North Carolina. X. MISCELLANEOUS This Agreement shall not render either of the Parties an employee, partner, agent of, or joint venturer with the other Party for any purpose. IN WITNESS WHEREOF, Orange County and Taylor Fish Farm have caused this Utility Extension Fund Agreement to be executed in their respective Corporate names and the respective corporate seals to be hereunto affixed and attested by their duly authorized officers, all as of the date first above written. On Behalf of: Date Taylor Fish Farm 3237 Lonesome Road Valerie M. Foushee, Chair Date Orange Count Board of Commissioners Approved as to technical content: Department Director Approved as to form and legal sufficiency: John L. Roberts, County Attorney Attest: Donna Baker Date Date: Date: This instrument has been pre-audited in the manner required by the Local Government Budget and Fiscal Control Act. Date: Finance Officer i3 i f' I Tfie News & Obi pus~ie~:rvo~~c~' NOTICE 15 1-11=RESY GIVEN fiiat the Orange County Baard of Commissioners will hold public hearings on TuesdaY,,C~cfo- ber 20, 2009, beglnning~at~7:~1} p.m. ~ln the Southern Human Services Center located at 250T HdmeStec~d Rd, Chapel Hill, North Carolina, to consider the provision of eco- nomic developrnentincentives pursuantto G.S. 1~8-7.1 as follows: . To a. newly constructed nquaculfure• facility in a totstl amount not to exceed $9,774 baseai on the co~npany'.s infra- structure investment for the construc- tion ~ of .its. a~€uaculture facility. The facility's outlay for"infrastructure im- provements isestimated to be irZexcess of $24,Q00; atid~includes.Fntrastructure Improvements #or electricity, wader and wastewater. - The requested funds wi I . be disbursed from Orange County`s U~ilitq.Extension 'Fund (Fund), which was established to encourage economic development by funding a portloti of utility-irr~provements required far commercial development.. The Fund will be repaid by the additibnai property taxes calleeted, from the im- ~provect foci I ity. The Fund regti i res that the recipient meet stated criteria regarding zoning, lob oppartugities, and wage scales for the benefit of Orange County and its Citizens.. N&~: Octobeh 10; 2009: un~l PI V1R NO'I Und • ed Sups the-~ Sdpl Coin fer i sati: SCC a#te acti+ lying Wa!' BEl ICinf Car. as 1. and Cou Thi. outs gasp dent as r 3'hi: /s/ E ' DOP wni ~SATU RDAY, QCT4BER rt 0, 2Dp9 ..