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Section 4. The followang amounts are appropriated for the project <br />I Economic Recovery Study ................ $170,000 <br />2. Administration .......................... $10,000 <br /> <br />Section 5. The Finance Officer is hereby directed to maintain within the <br />Grant Pro3ect 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 an an <br />orderly and timely manner as funds are obligated and expenses ancurred. <br /> <br />Section 7 The Flnance Officer ~s directed to report monthly in the <br />flnancial 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 an every budget <br />submission made to th~s 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 /> CABARRUS COUNTY BOARD OF COMMISSIONERS <br /> By. /s/ Robert M Freeman <br /> Chairman <br /> <br />ATTEST <br />/s/ Frankie F Bonds <br /> <br />Clerk to the Board <br /> <br /> BUDGET REVISION/AMENDMENT REQUEST <br /> <br />DEPARTMENT OF Community Development <br />AMOUNT $180,000.00 <br />TYPE OF ADJUSTMENT Supplemental Request <br />PURPOSE OF REQUEST: To establish the 2003-2004 Economic Recovery Grant. The <br />grant was approved by the North Carolina Department of Commence for a reuse <br />study of the Plllowtex Plants. <br /> <br /> Present <br /> Account No. Approved Budget Increase Decrease Revased Budget <br />41063670-6355 $0 00 $180,000.00 $180,000.00 <br />Economic Recovery Grant <br />41093670-9484 $0.00 $170,000.00 $170,000.00 <br />Economic Recovery Study <br />41093670-9485 $0.00 $10,000.00 $10,000.00 <br />Administration <br /> <br />(F-4) Commerce - Budget Amendment (Subdivision Bond Review Process) <br /> <br /> UPON MOTION of Commissioner Prlvette, seconded by Commissioner Carruth <br />and unanimously carried, the Board adopted the following budget amendment. <br /> <br /> BUDGET REVISION/AMENDMENT REQUEST <br />DEPARTMENT OF Commerce <br />AMOUNT. $6,000 <br />TYPE OF ADJUSTMENT: Supplemental Request <br />PURPOSE OF REQUEST. The Planning Services Division uses an engineering <br />contractor to perform bond/letter of credit reviews for developments that <br />would like to record a final plat prior to completion of required <br />improvements (i.e. street paving, utility line installation). The developer <br />is responsible for the cost of the review. Per the Finance Department, a <br />separate revenue and expenditure account should be established to better <br />track this activity. Revenues will offset expenditures. <br /> <br /> Present <br />Account No. Approved Budget Increase Decrease Revised Budget <br />00163230-6606 $0 00 $6,000.00 $6,000.00 <br />Program Fees <br />00193230-9445 $0.00 $6,000.00 $6,000.00 <br />Purchased Services <br /> <br /> <br />