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12/14/2017 12:45:26 PM
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17. 20 7 -67 <br />AN ORDINANCE ACCEPTING PUBLIC ASSISTANCE GRANT REVENUE IN <br />THE AMOUNT OF $448,202.32 FROM THE VIRGINIA DEPARTMENT OF <br />EMERGENCY MANAGEMENT AND THE FEDERAL EMERGENCY <br />MANAGEMENT AGENCY FOR REIMBURSEMENT OF COSTS ASSOCIATED <br />WITH HURRICANE MATTHEW AND INCREASING FY 2018 GENERAL FUND <br />REVENUE BY $133,031.64, FY 2018 PUBLIC UTILITIES FUND REVENUE BY <br />$44,487.66, FY 2018 WASTE MANAGEMENT FUND REVENUE BY $268,563.30, <br />AND FY 2018 GOLF FUND REVENUE BY $2,119.72. <br />BE IT ORDAINED by the Council of the City of Portsmouth, Virginia: <br />1. That it hereby accepts Public Assistance Grant revenue in the amount of <br />$448,202.32 from the Virginia Department of Emergency Management and the Federal <br />Emergency Management Agency. <br />2. That the revenue is reimbursement of costs associated with Hurricane <br />Matthew. <br />3. That no local match is required for the funds. <br />4. That estimated revenues in the FY 2018 General Fund are increased by <br />$133,031.64. <br />5. That estimated revenues in the FY 2018 Public Utilities Fund are increased <br />by $44,487.66. <br />6. That estimated revenues in the FY 2018 Waste Management Fund are <br />increased by $268,563.30. <br />7. That estimated revenues in the FY 2018 Golf Fund are increased by <br />$2,119.72. <br />8. That this ordinance shall take effect on the date of its adoption. <br />ADOPTED by the Council of the City of Portsmouth, Virginia at a meeting held <br />on August 8, 2017. <br />Teste: <br />City Clerk <br />
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