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<br />6. He may award and execute contracts which are not required to be bid or which G.S. 143-131 allows to be let <br />on informal bids so long as the annual budget or appropriate capital project ordinance contains sufficient <br />appropriated but unencumbered funds for such purposes. <br /> <br />7. He may execute contracts with outside agencies to properly document budgeted appropriations to such <br />agencies where G.S. 153 A-248(b), 259, 449 and any similar statutes require such contracts. <br /> <br />8. He may reject formal bids when deemed appropriate and in the best interest of Cabarrus County pursuant to <br />G.S. 143-129(a). <br /> <br />Section VI1I. <br /> <br />A. This ordinance and the budget documents shall be the basis for the [mancial plan for the County of Cabarrus for <br />the 2006-07 Fiscal Year. The County Manager and the Budget Officer shall administer the Budget. The <br />Finance Director shall establish and maintain all records, which are in concurrence with this Budget and Budget <br />Ordinance and the appropriate Statutes of the State of North Carolina. <br /> <br />Adopted this the _ of June, 2006. <br /> <br />Robert W. Carruth, Chairman <br /> <br />Frankie F. Bonds, Clerk to the Board <br /> <br />~-5 <br />