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CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />REGULAR MEETING <br />DECEMBER 20, 2010 <br />6:30 P.M. <br />AGENDA CATEGORY: <br />Consent Agenda <br />SUBJECT: <br />Commerce - Budget Amendment and Project Ordinance for HOME and <br />CDBG Programs <br />BRIEF SUMMARY: <br />The attached budget amendment returns $7,000 to the Contingency Fund <br />that was allocated to the CDBG program because the county received <br />program income that can cover the associated expenses. The amendment <br />also allocates the $10,000 of program income to the CDBG program as <br />required by the program guidelines for program income. <br />REQUESTED ACTION: <br />Motion to adopt budget amendment and project ordinance. <br />EXPECTED LENGTH OF PRESENTATION: <br />SUBMITTED BY: <br />Kelly Sifford, AICP <br />Community Development <br />BUDGET AMENDMENT REQUIRED: <br />Yes <br />COUNTY MANAGER'S RECOMMENDATIONS /COMMENTS: <br />BUDGET AMENDMENT: <br />F -3 Page 37 <br />