AGENDA #4i

MEMORANDUM

TO:                  Town Council

FROM:            Rosemary Waldorf, Mayor

SUBJECT:       Allocation of $2,500 to Orange County in support of intervention efforts regarding Carolina Power and Light’s proposed expansion of the Shearon Harris Plant.    

DATE:             June 26, 2000

Attached is the budget ordinance requested by Council members.

ATTACHMENTS

1.                  Letter to the Mayor.


AN ORDINANCE TO AMEND “THE ORDINANCE CONCERNING APPROPRIATIONS AND THE RAISING OF REVENUE FOR THE FISCAL YEAR BEGINNING JULY 1, 1999 (2000-06-26/O-5)

BE IT ORDAINED by the Council of the Town of Chapel Hill that the Budget Ordinance entitled “An Ordinance Concerning Appropriations and the Raising of Revenue for the Fiscal Year Beginning July 1, 1999” as duly adopted on June 14, 1999 be and the same is hereby amended as follows:

ARTICLE I

                                                  Current                                                                       Revised

APPROPRIATIONS                  Budget                Increase           Decrease                  Budget

GENERAL FUND

       Council                              216,768                    2,500                                         219,268

ARTICLE II

                                                  Current                                                                       Revised

REVENUES                               Budget                Increase           Decrease                  Budget

GENERAL FUND                                                            

            Interest on

               Investments                392,500                    2,500                                         395,000

This the 26th day of June, 2000.