Title:
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Consideration of an Ordinance Amending the 2022-2023 Budget Ordinance of the City of High Point, North Carolina to Appropriate Interest Income Accumulated from American Rescue Plan Act (ARPA) Funds
City Council is requested to approve the budget ordinance amendment for the use of interest income accumulated from the ARPA funds. Total interest accumulated is $127,000 and will be utilized for the third-floor replacement at the High Point Public Library ($77,000) and for general Parks and Recreation improvements ($50,000).
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