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July 18, 2016 (Regular Meeting) <br />Page 2 82 7 <br />or designee may adjust budgets to match, including grants that <br />require a County match for which funds are available. <br />6. The Manager or designee may adjust debt financing from estimated <br />projections to actual funds received. <br />7. The County Manager may enter into and execute change orders or <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 informal <br />bids so long as the annual budget or appropriate capital project <br />ordinance contains sufficient appropriated but unencumbered funds <br />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 financial <br />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 I <br />and on the total revenues received or claimed. <br />c. Copies of this capital project ordinance shall be furnished to the <br />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 excess <br />funds are transferred to the General Fund and the portion of the <br />Capital Project associated with the project is closed. <br />Adopted this the 18th day of July, 2016. <br />CABARRUS COUNTY BOARD OF COMMISSIONERS <br />BY: /sl Stephen M. Morris <br />Stephen M. Morris, Chairman <br />ATTEST: <br />/s/ Megan Smit <br />Clerk to the Board <br />(F -6) Libra - Updated Circulation Polio <br />A new collection of educational tablets will be available for circulation <br />through the Cabarrus County Public Library, prompting updates to the current <br />Circulation Policy. The Library Board of Trustees approved these changes on <br />June 21, 2016. <br />UPON MOTION of Vice Chairman Honeycutt, seconded by Commissioner Mynatt <br />and unanimously carried, the Board approved the updated circulation policy. <br />Circulation Policy <br />Cabarrus County Public Library <br />