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March 21, 2016 {Regular Meeting) <br />Page 2685 <br />amendments to construction contracts in amounts less than $90,000 <br />when the appropriate annual budget or capital project ordinance <br />contains sufficient appropriated but unencumbered funds. <br />8. The County Manager may award and execute contracts which are not <br />required to be bid or which G.S. 143 -131 allows to be let on <br />informal bids so long as the annual budget or appropriate capital <br />project ordinance contains sufficient appropriated but <br />unencumbered funds for such purposes. <br />9. The County Manager may execute contracts with outside agencies to <br />properly document budgeted appropriations to such agencies where <br />G.S. 153 A- 248(b), 259, 449 and any similar statutes require such <br />contracts. <br />10. The County Manager may reject formal bids when deemed appropriate <br />and in the best interest of Cabarrus County pursuant to G.S. 143- <br />129 (a) . <br />11. The County Manager may reduce revenue projections consistent with <br />prevailing economic conditions, and also reduce expenditures <br />correspondingly. <br />Section III. <br />This ordinance and the budget documents shall be the basis of the <br />financial plan for the County of Cabarrus. <br />a. The Finance Director is hereby directed to maintain within the <br />Capital Project Fund sufficient detailed accounting records to <br />satisfy the requirements of the law. <br />b. The Finance Director is directed to report, at the request of the <br />Board, on the financial status of each project element in Section <br />I and on the total revenues received or claimed. <br />c. Copies of this capital project ordinance shall be furnished to <br />the Clerk to the governing Board, and to the Finance Director for <br />direction in carrying out this project. <br />d. At the completion of a construction project, all unrestricted <br />excess funds are transferred to the General Fund and the portion <br />of the Capital Project associated with the project is closed. <br />Adopted this the 21st day of March, 2016. <br />CABARRUS COUNTY BOARD OF COMMISSIONERS <br />BY: /s/ Stephen M. Morris <br />Stephen M. Morris, Chairman <br />ATTEST: <br />/s/ Megan Smit <br />Clerk to the Board <br />(G -6) CCS - Capital Funding Request for Technology <br />Kelly Kluttz, Chief Financial Officer, CCS (Cabarrus County Schools), <br />requested capital funding for the main Dell chassis server for a total <br />funding request of $150,000.00. She advised it is believed that this <br />purchase needs to be escalated to prevent potential loss of operations to the <br />school system due to equipment failure. Tim Lowder, Executive Director of <br />Operations, CCS, was also in attendance. <br />UPON LOTION of Commissioner Shue, seconded by Vice Chairman Honeycutt <br />and unanimously carried, the Board approved the technology funding request <br />and the related budget revision. <br />Date:3 /21/2016 Amount:$150,000 <br />Dept. Head: Pamela S Dubois Department: Debt Service / Schools <br />0 Internal Transfer Within Department B Transfer Between Departments/ Funds ❑ Supplemental Request <br />Purpose: To reallocate funds from debt service to Schools capital, outlay to purchase a rack and <br />servers for Cabarrus County Schools. <br />Account Number Account Name lApprcved Budgetl Inc Amount I Dec Amount Revised Budget <br />00199110 -9975 JCOPS Schools Interest 1 $5,584,449.001 1$150,000.001 $5,434,449.00 <br />