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2 <br /> requirements for the FY 2001 CDBG Award in accordance with the Grant Agreement and <br /> Funding Approval for this grant award. <br /> FINANCIAL IMPACT: In order for the County to receive the $40,000 grant, the NC Department <br /> of Commerce requires a $40,000 match. Funding for the match would come from funds set <br /> aside in the County's Affordable Housing Trust Fund in previous fiscal years. The attached <br /> grant project ordinance allows for the receipt of the new grant funds. <br /> RECOMMENDATION(S): The Manager recommends that the Board approve <br /> 1. Execution of the Grant Agreement; Funding Approval Form; and Signatory Form <br /> and Certification cards; <br /> 2. The adoption of the Grant Project Ordinance for this grant award; and <br /> 3. The approval of the resolution giving signatory authority to the Chair of the Board <br /> of County Commissioners. <br />