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Agenda - 02-09-2006-7a
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Agenda - 02-09-2006-7a
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Last modified
9/2/2008 8:37:07 AM
Creation date
8/29/2008 9:05:03 AM
Metadata
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Template:
BOCC
Date
2/9/2006
Document Type
Agenda
Agenda Item
7a
Document Relationships
2006 S Housing - Community Development Block Grant Award - IDA Program
(Linked From)
Path:
\Board of County Commissioners\Contracts and Agreements\General Contracts and Agreements\2000's\2006
Minutes - 20060209
(Linked To)
Path:
\Board of County Commissioners\Minutes - Approved\2000's\2006
S Grant - Community Development Block Grant Award - IDA Program
(Linked From)
Path:
\Board of County Commissioners\Contracts and Agreements\BOCC Grants\2000 - 2009\2006\2006 Grants
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14 <br />RESOLUTION <br />Whereas, Orange County has received a FY 2005 Community <br />Development Block Grant (CDBG) Award for the Individual Development <br />Account Program in the amount of $50,000 from the N.C, Department of <br />Commerce on January 19, 2006; and <br />Whereas, these CDBG funds will be used to provide match funding for the <br />savings of a first-time homebuyer participating the local IDA Program at a 2:1 <br />ratio; and <br />Whereas, the Orange County Board of Commissioners approved the <br />execution of the Grant Agreement, Funding Approval; and Signatory Form and <br />Certification by the Chair of the Board on Febnaary 9, 2006; and <br />Whereas, throughout grant implementation, the N,C, Department of <br />Commerce will require the execution of additional documents including <br />administrative and pertormance contracts as required by the Grant Agreement <br />and Funding Approval approved by the BOCC, <br />NOW, THEREFORE, be it resolved, that the Orange County Board of <br />County Commissioners hereby authorize the Chair of the Board to execute all <br />documents required by the N.C. Department of Commerce -Division of <br />Community Assistance far the implementation of the FY 2005 Community <br />Development Block Grant Award for the Individual Development Account <br />Program, <br />This, the 9th day of February, 2006, <br />
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