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CABARRUS COUNTY <br /> 1792 <br /> BOARD OF COMMISSIONERS <br /> REGULAR MEETING <br /> AUGUST 21 , 2017 <br /> 6:30 P.M. <br /> AGENDA CATEGORY: <br /> Consent Agenda <br /> SUBJECT: <br /> Finance - Approval of Project Ordinances and Budget Amendments Related <br /> to CIP Funded Projects in the FY18 General Fund Budget <br /> BRIEF SUMMARY: <br /> Included is a list of CIP (Capital Improvement Plan) projects were approved <br /> as part of the FY18 General Fund Budget. These projects will be recorded <br /> and tracked in the Construction and Renovation Fund, School Construction <br /> Fund, School Construction Debt Fund, Limited Obligation Bond 2017 Fund, <br /> and Limited Obligation Bond 2018 Fund. Monies to fund these projects were <br /> provided by the Capital Reserve Fund including an adjustment to reverse the <br /> funding for a future warehouse that has been put on hold for now. Updates <br /> to the six project ordinances and related budget amendment are presented <br /> for approval. <br /> REQUESTED ACTION: <br /> Motion to adopt the six updated project ordinances (Construction and <br /> Renovation, School Construction, School Construction Debt, Limited <br /> Obligation Bond 2017, Limited Obligation Bond 2018, and the Capital <br /> Reserve), and the related budget amendment. <br /> EXPECTED LENGTH OF PRESENTATION: <br /> SUBMITTED BY: <br /> Susan Fearrington, Finance Director <br /> BUDGET AMENDMENT REQUIRED: <br /> Yes <br /> F-6 Page 104 <br />