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CABARRUS COUNTY SMALL PROJECTS CAPITAL PROJECT ORDINANCE BE IT ORDAINED, by the Board of County Commissioners of the County of Cabarrus, North Carolina that, pursuant to Section 13.2 of Chapter 159 of the General Statutes of North Carolina, the following capital project ordinance is hereby adopted: Section I. A. The project authorized is for the purpose of accumulating and appropriating general fund revenues and federal and state grants funds received specifically for use by the appropriate Cabarrus County Department who has received the funds. B. The officers of this unit are hereby directed to proceed with this capital project within the terms of the guidelines as set forth by the federal and state government, Generally Accepted Accounting Principles (GAAP) and the budget contained herein. C. It is estimated that the following revenues will be available to complete capital projects as listed: Board of Elections Department Interest on Investments $ 34,098 Contribution from General Fund 61,484 Contribution from Capital Reserve 150,000 $ 245,582 Register of Deeds Department: Register of Deeds Fees $1,433,669 Interest on Investments 39,251 Contribution from General Fund 77,504 $1,550,424 Soil and Water Department: Other Improvement Projects $216,736 Clean Water Trust Fund Grant Cox Mill 529,819 Clarke Creek Grant 28,014 EEP Contract 16,900 Porter Project2 266,967 Drill Program Fees 12,000 Suther Farm Project 780,000 Stewardship Fund 36,421 $1,886,857 Lomax Incubator Farm Property: Deferred Farm Tax Collections $27,000 Local Agricultural Preservation Projects: Contribution from General Fund $13,800 Deferred Farm Tax Collections 1,544,488 Deferred Farm Tax Interest 266,382 Interest on Investments 7,751 $1,832,421 TOTAL REVENUES $5,542,284 Attachment number 3\n F-1 Page 29