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<br />1 <br />2009 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 of <br />Chapter 159 of the General Statutes of North Carolina, the following <br />capital project ordinance is hereby adopted: <br />' Section 1. The project authorized is for Capital Projects <br />conducted by the County and the construction and renovations of <br />Public Schools as referenced in Section 3. <br />Section 2. The officers of this unit are hereby directed to <br />proceed with this capital project within the terms contained in this <br />project ordinance. <br />Section 3. The following budgeted amounts are appropriated <br />for the current projects as adopted in the 2009 Capital Improvement <br />Plan: <br />Hickory Ridge Middle School $ 1,513,500 <br />Charles E. Boger Elem 10,000 <br />Carl A. Furr Elem 2,108,000 <br />Lower Rocky River Elem 2,346,500 <br />Mt. Pleasant Middle School 53,685 <br />School Directed Expenses 203,315 <br />Frank Liske Park Improvements 592,801 <br />Frank Liske Park Soccer Complex 1,717,679 <br />North Cabarrus Park 1,120,356 <br />Camp Spencer 831,769 <br />Phar Mill Road Park LWCF 551,100 <br />PARTF - Phar Mill 550,005 <br />North Cabarrus Park Phase III 649,178 <br />Odell Youth Athletic Facilities 2,643,032 <br />Emergency Management 2,787,119 <br />Clark Creek 35,000 <br />Farmland Preservation 150,000 <br />Total $ 17,863,039 <br />Section 4. The following revenues are anticipated to be <br />available to complete this project: <br />Contribution - General Fund 6,332,485 <br />Contribution - Capital Reserve Fund 9,746,282 <br />Contribution - City of Concord 300,000 <br />Contribution - City of Kannapolis 150,000 <br />State & Federal Grants 1,032,772 <br />Contributions & Private Donations 301,500 <br />Total <br />$ 17,863,039 <br />Section 5. The Finance Officer is hereby directed to maintain <br />within the Capital Project Fund sufficient detailed accounting <br />records to satisfy the terms of future debt financing resolution. <br />' Section 6 <br />the purpose of <br />should be made <br />manner. <br />Funds may be advanced from the General Fund for <br />making payments as due. Reimbursement requests <br />to the grantor agencies in an orderly and timely <br />' Section 7. The Finance Officer is directed to report, at the <br />request of the Board, on the financial status of each project~tem# 7 <br />Attachment number 1 <br />' F - 3 Page 27 of 133 <br />