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• � . <br /> � � . <br /> r <br /> FINANCIAL MANAGEMENT DEPARTMENT <br /> #90 — $s <br /> November 13, 1990 <br /> MEMO TO: James C. Bacon, �7r. , City Manager <br /> FROM: Beth B. Coutero �'ina.ncial Management Directer ��� <br /> i— <br /> SUBJECT: Supplemental Appropriation for the Rental <br /> Rehabilitation Program and Section 312 Program Funds <br /> An item for the City Council agenda is an ordinance <br /> authorizing supplemental appropriations for the Rental <br /> Rehabilitation Program and Section 312 Program Funds . <br /> A redistribution of r^�deral funds among designated cities <br /> has allowed the City of �ecatur to receive additional funding for <br /> the Rental Rehab and Section 312 loan programs. This additional <br /> funding is in recognition of the City' s well managed and <br /> effective Rental Rehab and Section 312 programs. <br /> . <br /> Positive action by the Council will increase the Rental <br /> Rehab program' s spending authority by $135,000 .00, and the <br /> S�ction 312 spending Authcrity by $150 , 000 . 00 . <br /> Terms of thes� laari �aroc�xame r���uire �xpending these funds <br /> during the year in which they are re�eiE��:do <br /> Attachment <br />