Orange County NC Website
6 <br /> Affordable Housing <br /> Community Development <br /> Project Ordinance <br /> Project Number 19-801 <br /> Be it ordained by the Orange County Board of County Commissioners that pursuant to Section 13.2 of <br /> Chapter 159 of the General Statutes of North Carolina, the following grant project is hereby adopted. <br /> Section 1. The project authorized is the Affordable Housing Project authorized to provide <br /> reimb cement of impact fees for affordable housing projects and to provide other assistance to Affordable <br /> Housa. orojects on a request basis. <br /> Sectiol The officers of the County are hereby dirocW to proceed with the proje- et within the budget <br /> conta herein. <br /> Sectf, . 3. The following revenue is anticipated to be available to complete this project: <br /> Miscellaneous Revenue- Sale of Real Property $14,080 <br /> Fund Balance Appropriated $13,966 <br /> Transfer from the General Fund(1996-97) $9,704 <br /> Total $37,750 <br /> Section 4. The following amount is appropriated for this project: <br /> Habitat for Humanity $13,000 <br /> Impact Fee Reimbursement $24,750 <br /> Total S37,750 <br /> Section 5. This ordinance supersedes all previous "Affordable Housing Grant Project Ordinances". <br /> Section 6. This ordinance, originally adopted on March 8, 1995, shall be in effect from the date of <br /> adoption through June 30, 1997. <br /> Adopted this 3rd day of September, 1996. <br /> M:\BUDGET\9697\ORDS\GRANTS\afford <br />