Laserfiche WebLink
AN ORDINANCE TO APPROPRIATE $4,338,000 FOR IMPLEMENTATION OF <br />THE 2003 ACTION PLAN COMPONENT OF THE CITY'S CONSOLIDATED <br />COMMUNITY PLANNING AND DEVELOPMENT PLAN. <br /> <br /> BE IT ORDAINED by the Council of the City of Portsmouth, Virginia, that: <br /> <br /> 1. The sum of $4,335,000 be, and the same hereby is, appropriated for <br />implementation of the 2003 Action Plan component of the City's Consolidated <br />Commuuity Planning and Development Plan, and such appropriation is to be made in the <br />following mauner: <br /> <br /> A. $2,314,000 from 2002 Commmfity Development Block Grant Entitlement <br /> Funds (CDBG) of which $40,000 shall be deducted from the Opportunity <br /> Acquisitions line and added to a new line entitled "Center for Community <br /> Development, Inc., (CCDI) Incubator Program;" <br /> <br /> B. $300,000 from Community Development Program income; <br /> <br /> C. $512,000 from reprogramming of prior year CDBG funds; <br /> <br /> D. $79,000 from the Emergency Shelter Grant Program; <br /> <br /> E. $1,033,000 from 2001 HOME Program funds; and <br /> <br /> F. $100,000 from HOME Program income. <br /> <br /> 2. This ordinance shall take effect on the date of its adoption. <br /> <br /> ADOPTED by the Council of the City of Portsmouth, Virginia at a meeting held <br /> on April 9, 2002. <br /> <br /> Teste: <br /> <br /> <br /> City Clerk <br /> <br /> <br />