Orange County NC Website
2 <br />FINANCIAL IMPACT: Budget Amendment #4-A increases the project budget by $193,100 from <br />an Energy Efficiency Community Block Grant Program Transportation Grant for the purchase of <br />food processing equipment. The 50% matching funds required by this grant have already been <br />secured and are reflected in the totals below <br />Piedmont Food & Agricultural Processing Center <br />Project # 10043 <br />Revenues for this proiect: <br /> Through FY <br />2009-10 FY 2010-11 <br />Amendment FY 2010-11 <br />Revised <br />Sales Tax & Dedicated <br />Pro ert Tax <br />Grant Funds $1,127,319 $193,100 $1,320,419 <br />Total Project Fundin $1,127,319 $193,100 $1,320,419 <br />A ro riated for this ro'ect: <br /> Through FY <br />2009-10 FY 2010-11 <br />Amendment FY 2010-11 <br />Revised <br />E ui ment $28,819 $193,100 $221,919 <br />Construction 1, 098, 500 1, 098, 500 <br /> <br />Total Costs $1,127,319 $193,100 $1,320,419 <br />RECOMMENDATION (S): The Manager recommends the Board formally accept the awarded <br />$193,100 Energy Efficiency Community Block Grant ("EECBG") Program Transportation Grant; <br />authorize the County Manager to sign any necessary grant documents; and approve Budget <br />Amendment #4-A to the Piedmont Food & Agricultural Processing Center Capital Project for the <br />purchase of food processing equipment. <br />