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AG 2016 09 19
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AG 2016 09 19
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Last modified
9/20/2016 11:20:23 AM
Creation date
11/27/2017 10:34:58 AM
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Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
9/19/2016
Board
Board of Commissioners
Meeting Type
Regular
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10. The County Manager may reject formal bids when deemed appropriate and in <br />the best interest of Cabarrus County pursuant to G.S. 143- 129(a). <br />11. The County Manager may reduce revenue projections consistent with prevailing <br />economic conditions, and also reduce expenditures correspondingly. <br />Section III. <br />This ordinance and the budget documents shall be the basis of the financial plan for the <br />County of Cabarrus. <br />a. The Finance Director is hereby directed to maintain within the Capital Project <br />Fund sufficient detailed accounting records to satisfy the requirements of the law. <br />b. The Finance Director is directed to report, at the request of the Board, on the <br />financial status of each project element in Section I and on the total revenues <br />received or claimed. <br />c. Copies of this capital project ordinance shall be furnished to the Clerk to the <br />governing Board, and to the Finance Director for direction in carrying out this <br />project. <br />d. At the completion of a construction project, all unrestricted excess funds are <br />transferred to the General Fund and the portion of the Capital Project associated <br />with the project is closed. <br />Adopted this the 19th day of September, 2016. <br />CABARRUS COUNTY BOARD OF COMMISSIONERS <br />L:� <br />Stephen M. Morris, Chairman <br />ATTEST: <br />Clerk to the Board <br />Attachment number 2 \n <br />F -10 Page 122 <br />
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