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cJ <br /> B BUDGET AMENDMENT L <br /> Approve amendments to the 1989-90 Budget Ordinance as stated below: <br /> giuml FUND <br /> Source - Transfer from Other Funds $ 380,000 <br /> Appropriation - Education $ 380,000 <br /> (To budget for allocated school capital discretionary funds.) <br /> SCHOOL CAPITAL RESERVE FUND <br /> Source • Appropriated Fund Balance $ 380,000 <br /> Appropriation -Transfer to General Fund $ 380,000 <br /> (To budget for allocated school capital discretionary funds.) <br /> C RENTAL REHAB II GRANT PROJECT ORDINANCE <br /> Approve a grant project ordinance for the Rental Rehab II program administered <br /> by the Housing and Community Development Department. The Ordinance is stated below: <br /> GRANT PROJECT ORDINANCE <br /> RENTAL REHAB II PROGRAM <br /> Be it ordained by the Board of Commissioners of Orange County, North Carolina that pursuant <br /> to Section 13.2 of Chapter 159 of the General Statutes of North Carolina, the following <br /> grant project ordinance is hereby adopted: <br /> Section 1. The project authorized is the Rental Rehab II repair program for rental <br /> property owners to be administered by the Orange County Housing and Community <br /> Development Department using federal grant funds. <br /> Section 2. The officers of this unit are hereby directed to proceed with the grant <br /> project within the terms of the grant agreement and the budget contained <br /> herein. <br /> Section 3. The following revenues are anticipated to be available to complete this <br /> project: <br /> Intergovernmental - <br /> Rental Rehab II $50,000 <br /> Section 4. The following amounts are appropriated for the project: <br /> Rental Rehab II Program $50,000 <br /> Section 5. The finance officer is hereby directed to maintain within the Community <br /> Development Fund sufficient specific detailed accounting records to provide <br /> the grant agreement and federal and state regulations. <br /> Section 6. Funds may be advanced from the General Fund for the purpose of making payments <br /> as due. Reimbursement requests should be made to the grantor agency in an <br /> orderly and timely manner. <br /> Section 7. Copies of this grant project ordinance shall be made available to the finance <br /> officer for direction in carrying out this project. <br /> Section 8. This project ordinance shall be in effect from date of adoption until <br /> September 30, 1990. <br />