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AG 2009 02 16
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AG 2009 02 16
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Last modified
2/5/2010 8:49:30 AM
Creation date
11/27/2017 11:24:55 AM
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Meeting Minutes
Doc Type
Minutes
Meeting Minutes - Date
2/5/2010
Board
Board of Commissioners
Meeting Type
Regular
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J <br /> <br />element in Section 3 and on the total revenues received or claimed. <br />Section 8. Copies of this capital project ordinance shall be <br />furnished to the Clerk to the Governing Board, and to the Budget <br />Officer and the Finance Officer for direction in carrying out this <br />project. <br />Section 9. At the completion of each individual project, all <br />unrestricted excess funds are transferred to the Capital Reserve <br />Fund and the Capital Project Ordinance is closed. <br />Section 10. The County Manager is hereby authorized to <br />transfer revenues and appropriation within an ordinance as contained <br />herein under the following conditions: <br />1. The Manager may transfer amounts between objects of expenditures <br />and r evenues within a function without limitation. <br />a. The Manager may transfer amounts up to $100,000 between <br /> functions of the same ordinance. <br />b. 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 <br /> order. <br />c. Upon notification of funding increases or decreases from <br /> state, federal, or previously approved grant resources, the <br /> Manager or Finance Director may adjust budgets to match. <br />d. The Manager or Finance Director may adjust debt financing <br /> from estimated projections to actual funds received. <br />e. The Manager may enter into and execute change orders or <br /> amendments to construction contracts in amounts less than <br /> $90,000 when the project ordinance contains sufficient <br /> appropriated but unencumbered funds. <br />Adopted this 16th day of February 2009. <br />CABARRUS COUNTY BOARD OF COMMISSIONERS <br />BY: <br />ATTEST: <br />Clerk to the Board <br />H. Jay White, Sr., Chairman <br />C <br />F-3 <br />Item# 7 <br />Attachment number 1 <br />Page 28 of 133 <br />
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