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March 15, 2004 Page 389 <br /> <br />Section 5. The Finance Officer is hereby directed to maintain within the <br />Grant Project Fund sufficient detailed accounting records to provide the <br />accounting to the grantor agency required by the grant agreement(s) and the <br />federal and state regulations. <br /> <br />Section 6. Requests for funds should be made to the grantor agency in an <br />orderly and timely manner as funds are obligated and expenses incurred. <br /> <br />Section 7. The Finance Officer is directed to report monthly in the <br />financial reports the status of each project element in Section 4 and on the <br />total revenues received or claimed. <br /> <br />Section 8. The Budget Officer is directed to include a detailed analysis of <br />past and future costs and revenues on this grant project in every budget <br />submission made to this Board. <br /> <br />Section 9. Copies of this grant ordinance shall be made available to the <br />Budget Officer and the Finance Director for directions in carrying out this <br />project. <br /> <br />ADOPTED this 15th day of March, 2004. <br /> <br />ATTEST <br />/s/ Frankie F. Bonds <br /> <br />Clerk to the Board <br /> <br />CABARRUS COUNTY BOARD OF COMMISSIONERS <br />By: /s/ Robert M. Freeman <br /> <br />Chairman <br /> <br />BUDGET REVISION/AMENDMENT REQUEST <br /> <br />DEPARTMENT OF Community Development <br />AMOUNT: $400,000.00 <br />TYPE OF ADJUSTMENT: Supplemental Request <br />PURPOSE OF REQUEST: To establish the 2004-2006 Community Development Block <br />Grant for Scattered Site Housing Rehabilitation. The grant was approved by <br />the North Carolina Department of Commerce and provides home improvements such <br />as heating systems and roofs for low-income residents and elderly families. <br /> <br /> Present <br /> Account No. Approved Budget Increase <br />41063660-6315 $400,000.00 $400,000.00 <br />CDBG - Scattered Site Rehabilitation <br />41093660-9383 $360,000.00 $360,000.00 <br /> Sub-Contractor Construction <br />41093660-9605 $40,000.00 $40,000.00 <br />Consultants <br /> <br />Decrease <br /> <br />Revised Budget <br /> <br />$800,000.00 <br />$720,000.00 <br /> <br /> $80,000.00 <br /> <br />(F-3) 2003-2004 <br /> <br />Amendment <br /> <br />Economic Recover}, Grant Pro~ect Ordinance and Budget <br /> <br /> UPON MOTION of Commissioner Privette, seconded by Commissioner Carruth <br />and unanimously carried, the Board adopted the following 2003-2004 Economic <br />Recovery Grant Project Ordinance and Budget Amendment. <br /> <br />Ordinance No. 2004-04 <br /> <br /> GRANT PROJECT ORDINANCE <br />2003-2004 Economic Recovery Grant <br /> <br />BE IT ORDAINED by the CABARRUS COUNTY BOARD OF COUNTY COMMISSIONERS, that <br />pursuant to Section 13.2 of Chapter 159 of the General Statutes of North <br />Carolina, the following project ordinance is hereby adopted: <br /> <br />Section 1. The project authorized is the Community Development project <br />described in the work statement contained in the grant agreement between this <br />unit and the Department of Commerce. The project is more familiarly known as <br />the Economic Recovery Grant. <br /> <br />Section 2. The officers of this unit are hereby directed to proceed with the <br />grant project within the terms of the grant document(s), the rules and <br />regulations of the NC Department of Commerce and the budget contained herein. <br /> <br />Section 3. The following revenues are anticipated to be available to complete <br />this project. <br />$180,000 ............................................. Economic Recovery Grant <br /> <br /> <br />