A RESOLUTION AUTHORIZING SUBMITTAL OF A PROPOSED CALCULATION OF OPERATING SUBSIDY FOR CALENDAR YEAR BEGINNING JANUARY 1, 2006 (2005-11-21/R-16

A RESOLUTION AUTHORIZING SUBMITTAL OF A PROPOSED CALCULATION OF OPERATING SUBSIDY FOR CALENDAR YEAR BEGINNING JANUARY 1, 2006 (2005-11-21/R-16.1)

BE IT RESOLVED by the Council of the Town of Chapel Hill that the Council hereby authorizes the Town Manager to submit a proposed revised operating budget and calculation of operating subsidy as required by the U.S. Department of Housing and Urban Development.

This the 21^st day of November, 2005