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APPROPRIATION <br />ADJUSTMENT OF CBDG ACCOUNTS <br />WHEREAS, this Council has previously appropriated certain <br />sums of money for specific projects to be funded in each of the <br />preceeding five years under the federal Community Development <br />Block Grant (CDBG) program; and <br />WHEREAS, certain of these appropriations have proven <br />inadequate to complete the projects for which they were designated, <br />while the appropriation for the Schenk's Branch drainage project <br />has proven larger than necessary; and <br />WHEREAS, federal regulations provide that funds may be shifted <br />from one of such projects to another, provided that such shift does <br />not involve more than 10 percent of the total grant; now, therefore, <br />BE IT RESOLVED, by the Council of the City of Charlottesville, <br />Virginia, that the appropriation to expenditure account 14-31430 <br />• for Schenk's Branch drainage improvements in Year III of the CDBG <br />program is hereby reduced by $18,038.00; and <br />BE IT FURTHER RESOLVED, that the funds thereby reverting to <br />the unappropriated balance of the Community Development Block Grant <br />fund are hereby appropriated to the following expenditure accounts <br />in Year IV of the CDBG program, in the additional amounts and for <br />the respective purposes indicated. <br />ACCOUNT <br />14-31540 <br />14-31570 <br />Copy atteste: <br />Clerk of Counci-f <br />• <br />PURPOSE ADDITIONAL APPROPRIATION <br />Fifeville Drainage <br />Improvements $14,870.00 <br />Chesapeake Street <br />Drainage Improvements $ 3,168.00 <br />Adopted by Council <br />May 13, 1931 <br />