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039 <br /> Program Amendment <br /> 1) Housing Rehabilitation - Staff has received bids on all houses to <br /> rehabilitated. <br /> Housing Rehabilitation Budget $230,698.00 <br /> Housing Rehabilitation Projected Cost $202,738.25 <br /> • <br /> Projected amount remaining in the Housing <br /> Rehabilitation Budget $27,959.75 <br /> Staff proposes to transfer $25,000.00 to street improvements budget. <br /> 2) PropertyAcquisition - All parcels to be acquired have been appraised. <br /> PropertyAcquisition Budget $88,600.00 <br /> Projected Acquisition Cost $42,688.00 <br /> Projected amount remaining inAcquisition Budget $45,912.00 <br /> Staff proposes to transfer $40,000.00 to the street improvements budget. <br /> 3) Section 8 Reserved Surplus - Operating Reserve. <br /> Staff proposes to transfer $33,125 to the street improvements budget. <br />