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Grant Application - The Golden LEAF Foundation
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INFORMATION CONTACT:
Andrew Baucom, Cooperative Extension, Director, 704-283-3738
ACTION REQUESTED:
1) Authorize the County Manager to submit the associated grant application and make necessary assurances and certifications associated with the grant application as substantially consistent with this agenda item, which includes the authorization to execute documents related to award of the grant and budget funds as appropriate, 2) adopt Capital Project Ordinance Amendments 288F, 344B, and 369A, and 3) adopt Budget Amendment 27.
PRIOR BOARD ACTIONS:
None.
BACKGROUND:
The Golden LEAF Foundation grants are restricted to public or public-private enterprise programs that will promote profitable and sustainable farms by assisting in developing and implementing plans for the production of agriculture-related business activities.
The proposed grant funding request ($1,000,000) will be used for the support of the Union County Food Innovation Center (BARN Project). Grant funds will be used to increase commissary kitchen equipment capacity for increased production and usage by clientele, and other additional amenities needed for the facility. County matching funds needed for The Golden LEAF Foundation have already been met.
In addition to allocating the $1,000,000 Golden Leaf Grant award, the attached Budget Amendment and Capital Project Ordinance Amendments also do the following:
* Transfers $400,000 from the Jesse Helms Park Lighting Project to the BARN fund,
* Transfers $400,000 from the Jesse Helms Support Building to the Jesse Helms Park Light Project,
* Allocates $277,000 of unallocated Economic Development Fund Balane to the BARN project,
* Transfers $332,460 to Parks and Rec Paving for the purpose of paving the entrance to the Ag Center.
These transfers allow for the closeout of the Jesse Helms Support building, while maintaining the 2/3rds bonds requirements.
FINANCIAL IMPACT:
If awarded, Unio...
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