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CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />AGENDA ITEM REQUEST <br />Meeting Date 3/26/07 <br />Agenda Item # F - 15 <br />SUBJECT: <br />Commerce Department -Budget Amendment (HOME Program) <br />BRIEF SUMMARY: <br />Cabarrus County received $6,692 from the sale of a rehabilitated property prior to the <br />period of affordability expiring. When HOME funds are recaptured, they are required to <br />return to the HOME program for more eligible HOME activities. These funds are within the <br />Community Development Block Grant Fund. <br />REQUESTED ACTION: (Suggested motion if the Board approves the agenda item as presented) <br />Adopt budget amendment. <br />Attachments ^X Yes ^ No Expected Length of Presentation <br />Submitted By: Kelly Sifford, AICP C D Manager <br />Date: 2/27/07 <br />Name /Job Title <br />Budget Amendment Required: ^D Yes ^ No <br />Budget Amendment Attached and Reviewed by Budget Officer: ^D Yes ^ No <br />County Manager's Recommendations/Comments: <br />This item was approved by the Board for inclusion on the Agenda as a Consent item. <br />Approval is recommended. <br />Action Taken: <br />Approved [ ] <br />Denied [ ] <br />Deferred [ ] <br />Other [ ] <br />-~S <br />