Orange County NC Website
031 <br /> Memo <br /> Sam Gattis <br /> May 15, 1981 <br /> Page 2 <br /> disadvantages are the same as above except we would know the exact fiscal <br /> impact of our decision. Another additional disadvantage is the loss of some <br /> or all CETA resources. <br /> 3. The third alternative is to revise our order and delete the state <br /> requirement of including the SR number. The advantage is to reduce the cost <br /> of our order by approximately $1800. Another disadvantage would be that we <br /> lose the reimbursement. <br /> Recommendation:. <br /> Staff recommends the alternative No. 1 be pursued. The Board will in <br /> essence be approving the $11,700 in next years budget for road signs. If NCDOT <br /> can not reimburse the grant, then the County will allocate the $11,700 in <br /> next years budget along with the existing $16,640 to pay for the signs. Obviously <br /> if NCDOT will assure the reimbursement of the $20,300, we should proceed with <br /> our present order. Then we would proceed as Mr. Sherrill has suggested and <br /> send a letter promising that we would be responsible for all $24,600 of our <br /> April 27, 1981 purchase order if federal funds do not become available. <br /> ml <br /> • <br />