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un <br />NAMPT NO.2021 -07 <br />AN ORDINANCE (1) ACCEPTING FLOOD MITIGATION ASSISTANCE GRANT <br />FUNDING IN THE AMOUNT OF $200,000 FROM THE VIRGINIA DEPARTMENT OF <br />EMERGENCY MANAGEMENT AND APPROPRIATING THE SAID AMOUNT INTO <br />THE FY 2021 GRANTS FUND AND (2) TRANSFERRING $50,000 FROM THE <br />STORMWATER CATEGORY OF THE FY 2021 CAPITAL IMPROVEMENT FUND <br />BUDGET TO THE FY 2021 GRANTS FUND TO SERVE AS THE REQUIRED LOCAL <br />MATCH FOR THE FLOOD MITIGATION ASSISTANCE GRANT. <br />BE IT ORDAINED by the Council of the City of Portsmouth, Virginia: <br />1. That it accepts Flood Mitigation Assistance Grant funding in the amount of <br />S200,000 from the Virginia Department of Emergency Manageen nd appoprm iates the said <br />amount into the FY 2021 Grants Fund. <br />2. That it transfers 550,000 from the Stormwater Category of the FY 2021 Capital <br />Improvement Fund Budget to the FY 2021 Grants Fund to serve as the required local match for <br />the Flood Mitigation Assistance Grant. <br />3. That the funds so appropriated shall be used by the City's flood resiliency team to <br />assist Portsmouth residents with understanding the risks from flooding and available mitigation <br />strategies. ` <br />4. That estimated revenues and expenditures in the FY 2021 Grants Fund are <br />increased by $250,000. <br />5. That available funding in the Stormwater Category of the FY 2021 Capital <br />Improvement Fund budget is reduced by 550.000. <br />6. That this ordinance shall take effect on the date of adoption. <br />ADOPTED by the Council of the City of Portsmouth, Virginia at an electronic meeting <br />held on January 26, 2021. <br />Teste: <br />City Clerk <br />