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a� a <br /> I �3 <br /> ' <br /> •� � ' i I i Al a <br /> QU.North Carolina <br /> Department of Commerce <br /> t E <br /> James B. Hunt, Jr., Governor Robert.E, Chandler, Director <br /> S. Davis Phillips, Secretary <br /> August 12, 1993 <br /> The Honorable Moses A. Carey, Chairman DATE 6/ /7-5// <br /> Orange County Board of Commissioners ITEM (� <br /> P.O. Box 8181 <br /> Hillsborough, North Carolina 27278 <br /> Dear Chairman Carey: <br /> Subject: Closeout <br /> CDBG 90-C-8081 <br /> Chestnut Oaks Project <br /> We have approved the closeout information submitted for the <br /> above referenced grant. The grant is closed contingent upon DCA <br /> receipt and approval of the final audit as noted in the remarks <br /> section of the enclosed Certificate of Completion. DCA approves <br /> the County's proposal to maintain the $13 ,966.81 in cost savings <br /> from the local share of the project cost in an affordable housing <br /> fund to assist local non-profits with future affordable housing <br /> programs. <br /> Congratulations on the successful completion of your <br /> project. We look forward to continuing to work with the County on <br /> the Whitted Forest Housing Development project. <br /> Sincerely, <br /> Robert E. Chandler <br /> • <br /> REC/gs <br /> Enclosure <br /> cc: Tara Fikes <br /> Division of Community Assistance <br /> Suite 250, 1307 Glenwood Avenue, P.O. Box 12600 <br /> Raleigh, North Carolina 27605-2600 <br /> Telephone 919-733-2850 • FAX 919-733-5262 • TDD 1-800-735-2962 _ <br /> An Equal Opportunity Affirmative Action Employer ��� <br />