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RESOLUTION Financial Resolution Supporting Friendship Court Phase 2 <br />Parcel Number: 280112000 <br />NOW, THEREFORE BE IT RESOLVED that the Council of the City of Charlottesville, <br />Virginia hereby commits up to $3,250,000 in the form of loans for the redevelopment of <br />Friendship Court Phase 2. The commitment of up to $3,250,000 will help to subsidize Phase 2 <br />which in turn will create approximately 106 newly constructed affordable housing units and <br />some commercial space in the City of Charlottesville. This commitment will be made to <br />Piedmont Housing Alliance and NHT Communities. <br /> <br />8. RESOLUTION: Reallocation of State of Good Repair Bridge Funds to the Melbourne Road <br />Bridge over the Norfolk Southern Railway - $220,930 RESOLUTION Reallocation of State of Good Repair Bridge Funds - $220,930.00 <br />WHEREAS, a total of $220,930.00 in state funds for the State of Good Repair Bridge Program requires transfer; and <br />NOW, THEREFORE BE IT FURTHER RESOLVED by the Council of the City of <br />Charlottesville, Virginia that the following is hereby transferred in the following manner: Transfer From <br /> Revenue <br />$ 165,768.00 Fund: 426 WBS: P-000953 G/L Account: 430110 <br />$ 21,407.00 Fund: 426 WBS: P-000954 G/L Account: 430110 <br />$ 33,755.00 Fund: 426 WBS: P-000955 G/L Account: 430110 <br /> Expenditures <br />$ 165,768.00 Fund: 426 WBS: P-000953 G/L Account: 599999 <br />$ 21,407.00 Fund: 426 WBS: P-000954 G/L Account: 599999 <br />$ 33,755.00 Fund: 426 WBS: P-000955 G/L Account: 599999 <br /> <br /> Transfer To <br />Revenue <br /> <br />$ 220,930.00 Fund: 426 WBS: P-00956 G/L Account: 430110 <br />Expenditures <br />$ 220,930.00 Fund: 426 WBS: P-00956 G/L Account: 599999 <br /> At the request of Vice Mayor Magill, Item 2 was pulled from the Consent Agenda for