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Revised <br /> <br />CAPITAL PROJECT ORDINANCE <br /> <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 /> <br /> Section 1. The project authorized the architectural design of <br />a new Cabarrus County Justice Center. Architect expenses will be <br />funded from the Capital Reserve Fund. <br /> <br /> Section 2. The officers of this unit are hereby directed to <br />proceed with this capital project within the budget contained <br />herein. <br /> <br /> Section 3. The following budgeted amounts are appropriated <br />for the projects: <br /> <br />Architect $ 500,000 <br /> <br /> Section 4. The following revenues are anticipated to be <br />available to complete this project: <br /> <br />Transfer from the Capital Reserve Fund <br /> <br />$ 500,000 <br /> <br /> Section 5. The Finance Officer is hereby directed to maintain <br />within the Capital Project Fund sufficient detailed accounting <br />records. <br /> <br /> Section 6. Funds may be advanced from the General Fund for <br />the purpose of making payments as due. <br /> <br /> Section 7. The Finance Officer is directed to report, cna <br />-~'...~ ~-~- at the request of the Board, on the financial status <br />of each project element in Section 3 and on the total revenues <br />received or claimed. <br /> <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 the construction project, all <br />unrestricted excess funds are transferred to the General Fund for payment <br />of Debt Service and the Capital Project Ordinance is closed. <br /> <br /> Section 10. The County Manager is hereby authorized to transfer <br />revenues and appropriation within an ordinance as contained herein under <br />the following conditions: <br /> <br />a. The Manager may transfer amounts between objects of expenditures <br /> and revenues within a function without limitation. <br />b. The Manager may transfer amounts up to $100,000 between functions <br /> of the same ordinance. <br />c. The Manager may transfer amounts between contingency funds which <br /> are set aside for a specific projects upon the appropriate <br /> approval of the change order. <br /> <br /> <br />