Orange County NC Website
r <br />CHESTNUT OAKS <br />COADWUATTY DEVELOPMENT BLOCK GRANT <br />GRANT PROTECT ORDINANCE <br />Be it ordained by the Orange County Board of County Commissioners that pusuant to Section 13.2 <br />of Chapter 159 of the General Statutes of North Carolina, the following grant project is <br />hereby adopted. <br />Section 1. The project authorized is the Community Development project as described in the work <br />statement contained in the grant agreement 90-C -8081 between this unit and the <br />Department of Natural Resources and Community Development. This project is more <br />familiarly known as the Chestnut Oaks Subdivision Community Development Project. <br />Section 2. The officers of the County are hereby directed to proceed with the grant project within <br />the grant document, the rules and regulations of the North Carolina Department of <br />Human Resources and the budget contained herein. <br />Section 3. The following revenue is anticipated to be available to complete this project: <br />Intergovernmental - Community Development $175,000 <br />Block Grant <br />Transfer from General Fund 25,000 <br />Total Revenues $200,000 <br />Section 4. The following amount is appropriated for this project: <br />Chestnut Oaks Grant Project $200,000 <br />Section 5. This ordinance supersedes all previous Chestnut Oaks Grant Project Ordinances. <br />Section 6. The finance officer is hereby directed to maintain within the Grant Project sufficient <br />specific detailed accounting records to provide the accounting to the grantor agency <br />required by the grant agreement and federal and state regulations. <br />Section 7. Funds may be advanced from the General Fund for the purpose of making payments due. <br />Reimbursement requests should be made to the grantor agency in an orderly and timely <br />manner. <br />Section S. Copies of this grant project ordinance shall be made available to the finance officer for <br />direction in carrying out this project. <br />Section 9. This ordinance shall be in effect from the date of adoption through June 30, 1993. <br />Adopted this 29th day of June, 1992. <br />M:\BUDGMORDMGRANTSICHEST <br />49 <br />