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APPROPRIATION <br />• AMENDMENT TO HOUSING OPPORTUNITIES MADE EQUAL (HOME) <br />ACCOUNT <br />• <br />0 <br />WHEREAS, council has previously approved the appropriation of certain sums of <br />federal grant receipts to specific accounts in the Housing Opportunities Made Equal <br />(HOME) funds; and <br />WHEREAS, it now appears that these funds can be spent more efficiently and <br />need to be reprogrammed, and therefore, <br />BE IT RESOLVED by the Council of the City of Charlottesville, Virginia that <br />appropriations made to the following expenditure accounts in the HOME fund are hereby <br />reduced or increased by the respective amounts shown, and the balance accumulated in <br />the Fund as a result of these adjustments is hereby re -appropriated to the respective <br />accounts shown as follows: <br />Program <br />Account Code <br />Purpose <br />Proposed <br />Proposed <br />Proposed <br />Year <br />Revised <br />Revised <br />Revised <br />Reduction <br />Addition <br />Appropriation <br />04-05 <br />I.O. # 1900032 <br />Downpayment / C.C. <br />$131,575 <br />Assistance <br />05-06 <br />I.O. # 1900047 <br />Downpayment / C.C. <br />$8,441 <br />Assistance <br />06-07 <br />I.O. # 1900078 <br />Housing Opportunities <br />$140,016 <br />$140,016 <br />Program (HOP) <br />Approved by Council <br />March 5, 2007 <br />of City Council <br />