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421 <br /> <br />DRAFT <br /> <br /> RESOLVED further that the provisions of this resolution shall remain in <br /> full force and effect until specifically rescinded or modified by <br /> resolution of the Board of Directors of this corporation and a certified <br /> copy of such resolution has been filed with Wachovia Bank, N.A, <br />(2) Authorize Compensation Claims Solutions, insurance agent/consultant, to <br /> pay claims from two respective banking accounts at First Charter National <br /> Bank. One account is for workers' compensation claims and the other is <br /> for general liability, property and automobile claims. Further authorize <br /> that company to draw checks on those accounts to pay valid claims on <br /> behalf of Cabarrus County. Internal control procedures to monitor and <br /> fund these accounts only as necessary to pay valid claims have been <br /> initiated. Request Board of Commissioners authorization per G.S. 159- <br /> 25(b). <br />(3) Authorize Paine Webber Group Inc. as an additional broker to obtain quotes <br /> for investment purposes. <br /> <br />Budget Amendment - $igna~e for Governmental Center <br /> <br /> UPON MOTION of Colmnissioner Barnhart, seconded by Commissioner Niblock and <br />unanimously carried, the Board approved the following budget amendment. <br /> <br />DEPARTMENT OF FINANCE <br />AMOUNT: $30,000 <br />TYPE OF ADJUSTMENT: Supplemental Request <br />PURPOSE OF REQUEST: Signage for Governmental Center <br /> <br /> Present Approved <br />Account No. Budget <br />01-9-19-10~660 243,700.00 <br />Contingency <br />01-9-19-52-503 40,465.00 <br /> Maintenance-Contingency <br /> <br /> Revised <br />Increase Decrease Budget <br /> 30,000.00 213,700.00 <br /> <br /> 30,000~00 70,465.00 <br /> <br />Budget Amendment - Appropriate Funds for the County Portion of Road Expense for <br />the Sysco Economic Development Incentive Project <br /> <br /> UPON MOTION of Co,missioner Barnhart, seconded by Commissioner Niblock and <br />unanimously carried, the Board adopted the following budget amendment. <br /> <br />DEPARTMENT OF FINANCE <br />AMOUNT: $107,000 <br />TYPE OF AD3USTMENT: Supplemental Request <br />PURPOSE OF REQUEST: Appropriate funds for Economic Development Incentives Sysco <br />--County portion of road expense. <br /> <br /> Present Approved Revised <br />Account No. Budget Increase Decrease Budget <br />01-9-33-20-'760 0.00 107,000.00-- 107,000.00 <br />Sysco <br />01-6-17-10-901 5,932,168.95 107,000.00 6,039,168.95 <br /> Fund Balance Appropriated <br /> <br />Budget Amendment - Final Settlement for Operation of the Cannon Memorial Library <br />for 1997 <br /> <br /> UPON MOTION of Co,unissioner Barnhart, seconded by Commissioner Niblock and <br />unanimously carried, the Board adopted the following budget amendment. <br /> <br />DEPARTMENT OF FINANCE <br />AMOUNT: $25,000 <br />TYPE OF ADJUSTMENT: SupplementalRequest <br />PURPOSE OF REQUEST: Appropriate funds to pay final settlement of operating <br />Concord Library for 1997 <br /> <br /> Present Approved <br />Account No. Budget <br />01-9-19-10-651 30,000.00 <br />Ins. Service & Settlement <br />01-6-17-10-901 5,907,168.95 <br /> Fund Balance Appropriated <br /> <br /> Revised <br />Increase Decrease Budset <br />25,000.00 55,000.00 <br /> <br /> 25,000,00 5,932,168.95 <br /> <br /> <br />