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128 <br /> <br />Non-Airport/Contributions to other Funds <br />Account # 19-10/19-60 <br /> <br /> Present <br />Line Item Approved <br />Account Number Description Budget <br /> <br />Increase <br /> <br /> Revised <br />Decrease Budget <br /> <br />9-19-60-704 Contribution to .00 <br /> Airport Construction <br /> Fund <br /> <br />300,000.00 <br /> <br />300,000.00 <br /> <br />9-19-10-667 Airport-Land 300,000.00 300,000.00 .00 <br /> Purchase <br /> <br />PURPOSE OF BUDGET REVISION REQUEST: <br /> To transfer monies currently allocated in General Fund to provide for <br /> transfer to Airport Construction Fund. <br /> <br /> UPON MOTION of Commissioner Melvin, seconded by Commissioner Hamby with <br />Commissioner Melvin, Hamby, and Moss and Chairman Lentz voting for and <br />Commissioner Simmons voting against, the Board adopted the following budget <br />amendment. <br /> <br />Contributions to Other Funds <br />Account #19-60 <br /> <br /> Present <br />Line Item Approved Revised <br />Account Number Description Budget Increase Decrease Budget <br /> <br />6-17-60-110 <br /> <br />Fund Balance <br />Appropriated <br /> <br />6,612,717.37 2,200,000.00 <br /> <br />8,812,717.37 <br /> <br />9-19-60-704 <br /> <br />Contribution to 300,000.00 <br />Airport Construction <br />Fund <br /> <br />2,200,000.00 <br /> <br />2,500,000.00 <br /> <br />PURPOSE OF BUDGET REVISION REQUEST: <br /> Additional funds to purchase airport land. <br /> <br /> UPON MOTION of Commissioner Melvin, seconded by Commissioner Hamby with <br />Commissioners Melvin, Hamby, and Moss and Chairman Lentz voting for and <br />Commissioner Simmons voting against, the Board adopted the following Capital <br />Project Ordinance for the Airport Construction Fund. <br /> <br /> Gabarrus County <br />Capital Project Ordinance <br />Airport Construction Fund (35) <br /> <br /> Be it ordained by the Board of Commissioners of Cabarrus <br />County, meeting in session this 12th day of June, 1989, that the <br />following Capital Project Fund Ordinance for the Airport <br />Construction Fund is adopted for the life of the project with the <br />following revenues and expenditures. <br /> <br /> A. It is estimated that the following revenue will be <br />available in the Airport Construction Fund for the life of these <br />projects. <br /> <br />Contribution from General Fund <br />Interest on Investments <br />Total Revenues <br /> <br />$2,500,000.00 <br />$ 2,000,00 <br />$2,502,000.00 <br /> <br /> <br />