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CABARRUS COUNTY CONSTRUCTION & RENOVATION <br />CAPITAL PROJECT ORDINANCE <br />BE IT ORDAINED, by the Board of County Commissioners of the <br />County of Cabarrus, North Carolina that, pursuant to Section 13.2 <br />of Chapter 159 of the General Statutes of North Carolina, the <br />following capital project ordinance is hereby adopted: <br />Section 1. The project authorized is the various County <br />construction related projects. Details of the projects are <br />listed in Section 3 of this Project Ordinance. <br />Section 2. The officers of this unit are hereby directed <br />to proceed with this capital project within the terms of the <br />Generally Accepted Accounting Principles (GAAP) and the budget <br />contained herein. <br />Section 3. The following budgeted amounts are appropriated <br />for the projects: <br />Demolition of old Jail and new Parking <br />$ <br />2,000,000 <br />Renovation of Human Services Building <br />$ <br />1,193,033 <br />Governmental Center Main Area Handler <br />$ <br />100,000 <br />Demolition of old Board of Elections <br />$ <br />650,000 <br />Arena roof replacement <br />$ <br />148,800 <br />Renovation of Kann Library Program Room <br />$ <br />50,000 <br />Emergency Telephone Equipment <br />$ <br />847,612 <br />Southeast Community Park <br />$ <br />5,231,394 <br />Board of Elections Renovation <br />$ <br />2,313,767 <br />Mini Governmental Campus <br />$ <br />244,877 <br />Bethel Elementary Project <br />$ <br />9,600 <br />Debt Service Payments <br />$ <br />1,738,723 <br />Courthouse Chiller replacement <br />$ <br />135,000 <br />Multi Building Precast Sealing & Caulking <br />$ <br />240,000 <br />Arena HVAC Equipment replacement <br />$ <br />1,000,000 <br />Camp T.N. Spencer Park <br />$ <br />75,000 <br />Human Services HVAC <br />$ <br />100,000 <br />Total <br />$16,077,806 <br />Section 4. The following revenues are anticipated to be <br />available to complete this project: <br />Capital Project Funds (Capital Reserve) $11,758,800 <br />Rental - Tower Lease $ 102,478 <br />Lease Proceeds (Wallace Park) $ 3,421,394 <br />General Fund Contribution $ 795,134 <br />Total $16,077,806 <br />Section 5. The Finance Officer is hereby directed to <br />maintain within the Capital Project Fund sufficient detailed <br />accounting records to satisfy the requirements of the law. <br />Section 6. Funds may be advanced from the General Fund for <br />the purpose of making payments as due. Reimbursement to the <br />General Fund should be made in an orderly and timely manner. <br />Attachment number 1 <br />F -1 Page 53 <br />