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CABARRUS COUNTY <br /> 1792 <br /> BOARD OF COMMISSIONERS <br /> REGULAR MEETING <br /> OCTOBER 16, 2017 <br /> 6:30 P.M. <br /> AGENDA CATEGORY: <br /> Consent Agenda <br /> SUBJECT: <br /> Planning and Development - HOME Program Project Ordinance and <br /> Budget Amendment <br /> BRIEF SUMMARY: <br /> The HOME Project Ordinance will require updating and a budget <br /> amendment adopted to allocate program income that has been <br /> generated. The program income was generated by the HOME Program, <br /> and is required to be put back into the program and expended prior to any <br /> other financial drawdowns. Since the amount is too small to do a stand <br /> alone project, staff is recommending that the $7,200 be added to the <br /> funds for the Prosperity Ridge Elderly Housing Project. <br /> REQUESTED ACTION: <br /> Motion to accept the grant award, adopt the associated budget <br /> amendment and project ordinance. <br /> EXPECTED LENGTH OF PRESENTATION: <br /> SUBMITTED BY: <br /> Kelly Sifford, AICP <br /> Planning and Development Director <br /> BUDGET AMENDMENT REQUIRED: <br /> Yes <br /> COUNTY MANAGER'S RECOMMENDATIONS/COMMENTS: <br /> F-2 Page 48 <br />