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document budgeted appropriations to such agencies where G.S. 163 A- 24B(b), <br />259, 449 and any similar statutes require such c ntraots. <br />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 <br />{prevailing economic conditions, and also reduce expenditures correspondingly, <br />Section Iii, <br />This ordinance and the budget docLirro-ents shall be the basis of the financial plan for the <br />County of Cabarfus, <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 <br />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 Beard, and to the Finance Director for direction in carrying out this <br />project_ <br />d, At the completion of a construction protect, all unrestricted excess funds are <br />transferred to the General Fund and the portion of the Capital Project <br />associated with the project is closed. <br />Adopted this the 19th day of June, 2014, <br />CABARRUS COUNTY BOARD OF COMMISSIONERS <br />BY: <br />Elizabeth F. Poole, Chairman <br />ATTEST: <br />Clerk to the Board <br />AIVA(Aml -rd nurnt)ei ' <br />Attachment number 2 <br />F -3 Page 43 <br />G -3 Page 109 <br />