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Section 7. The Finance Officer is directed to report, at <br />the request of the Board, on the financial status of each project <br />element in Section 3 and on the total revenues received or <br />claimed. <br />Section 8. Copies of this capital project ordinance shall <br />be furnished to the Clerk to the Governing Board, and to the <br />Budget Officer and the Finance Officer for direction in carrying <br />out this project. <br />Section 9. At the completion of the construction project, <br />all unrestricted excess funds are transferred to the General Fund <br />and the Capital Project Ordinance is closed. <br />Section 10. The County Manager is hereby authorized to transfer <br />revenues and appropriation within an ordinance as contained herein <br />under the following conditions: <br />a. The Manager may transfer amounts between objects of <br />expenditures and revenues within a function without <br />limitation. <br />b. The Manager may transfer amounts up to $500,000 between <br />functions of the same ordinance. <br />c. The Manager may transfer amounts between contingency funds <br />which are set aside for a specific project for budgetary <br />shortfalls or upon the appropriate approval of a change order. <br />d. The Manager may enter into and execute change orders or <br />amendments to County construction contracts in amounts up to <br />$90,000 when the project ordinance contains sufficient <br />appropriated but unencumbered funds. <br />Adopted this 17th day of September, 2012. <br />ATTEST: <br />CABARRUS COUNTY BOARD OF COMMISSIONERS <br />BY: <br />Elizabeth F. Poole, Chairman <br />Clerk to the Board <br />Attachment number 3 <br />F -1 Page 54 <br />