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CABARRUS COUNTY CONSTRUCTION AND RENOVATION PROJECT
<br />BUDGET ORDINANCE
<br />BE IT ORDAINED by the Board of Commissioners of Cabarrus County, North Carolina that,
<br />Pursuant to Section 13.2 of Chapter 159 of the General Statutes of North Carolina, the following capital
<br />project ordinance is hereby adopted:
<br />Section I.
<br />A. The project authorized is the various County construction and renovation related projects.
<br />Details of the projects are listed in section C. of this Project Ordinance.
<br />B. The officers of this unit are hereby directed to proceed with this capital project within the
<br />terms of the Generally Accepted Accounting Principles (GAAP) and the budget contained
<br />herein.
<br />C. It is estimated that the following revenues will be available to complete capital projects as
<br />listed.
<br />Capital Projects Fund (Capital Reserve Fund) $11,893,594
<br />Contribution from Convention/Visitors Bureau $150,000
<br />Rental — Tower Lease $321,592
<br />Lease Proceeds ( Wallace Park) $3,421,394
<br />General Fund Contribution $1,215,134
<br />Sale of Fixed Assets $20,000
<br />PARTF Grant $350,000
<br />TOTAL REVENUES $17,371,714
<br />D. The following appropriations are made as listed::
<br />Demolition of old Jail and new Parking
<br />$2,000,000
<br />Renovation of Human Service Building
<br />$1,312,033
<br />Governmental Center Main Area Handler
<br />$100,000
<br />Demolition of old Board of Elections
<br />$350,000
<br />Renovations of Kann Library Program Room
<br />$80,000
<br />Emergency Telephone Equipment
<br />$1,066,726
<br />Southeast Community Park
<br />$5,601,394
<br />Board of Elections Renovations
<br />$2,313,767
<br />Mini Governmental Campus
<br />$244,877
<br />Bethel Elementary Project
<br />$9,600
<br />Dent Service Payments
<br />$1,738,723
<br />Courthouse Chiller
<br />$135,000
<br />Multi- Building Pre -cast Sealing and Caulking
<br />$240,000
<br />Arena HVAC Equipment Replacement
<br />$1,000,000
<br />Arena Roof Replacement
<br />$74,800
<br />Camp T.N. Spencer Park
<br />$250,000
<br />Human Service Building HVAC
<br />$180,000
<br />Rocky River School Park Restrooms
<br />$284,794
<br />Senior Center Renovations
<br />$390,000
<br />TOTAL EXPENDITURES
<br />$17,371,714
<br />GRAND TOTAL — REVENUES $ 17,371,714
<br />GRAND TOTAL — EXPENDITURES $ 17,371,714
<br />Attachment number 2
<br />G -3 Page 220
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