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3 <br />(11) On May 21, 1991, the Board of Commissioners approved a transfer <br />of $40,000 from the Section S Reserve Fund to the Rencher Street <br />Community Development Fund. This transfer will allow all <br />families in the Rencher Street area to be connected to the <br />water and sewer mains. The attached grant project ordinance <br />will complete this transfer. <br />(12) Counties are required by North Carolina General Statute to <br />reserve money each year for future revaluations. The attached <br />technical budget amendment will complete the transfer of $17,000 <br />from the Tax Assessor's departmental budget to the Revaluation <br />reserve account in the Revaluation Fund. <br />(13) On March 20, 1991, the Board of Commissioners approved an <br />agreement with the Center for Early Adolescence to provide <br />consultation services for the Opportunities for Families Fund <br />(OFF) grant. The cost of these services will be off --set by the <br />receipt of a grant from the Z. Smith Reynolds Foundation. <br />RECOMMENDATION(S): The Manager recommends that the Board of <br />Commissioners adopt the proposed budget ordinance amendments' and <br />Community Development Grant Project ordinance. <br />