|
August 15, 20116 (Regular Meeting)
<br />BY: /s/ Stephen M. Morris
<br />Stephen M. Morris, Chairman
<br />ATTEST:
<br />/s/ Megan Smit
<br />Clerk to the Board
<br />CABARRUS COUNTY CAPITAL RESERVE
<br />CAPITAL PROJECT BUDGET ORDINANCE
<br />Page 2857
<br />Ordinance No. 2016 -35
<br />BE IT ORDAINED by the Board of Commissioners of Cabarrus County, North
<br />Carolina that, Pursuant to Section 13.2 of Chapter 159 of the General Statutes
<br />of North Carolina, the following capital project ordinance is hereby adopted:
<br />Section I.
<br />A. The project authorized is for the purpose of accumulating and
<br />appropriating funds specifically for future County and School capital
<br />projects.
<br />B. The officers of this unit are hereby directed to proceed with this
<br />capital project within the terms of the Generally Accepted Accounting
<br />Principles (GAAP) and the budget contained herein..
<br />C. It is estimated that the following revenues will be available to
<br />complete capital projects as listed.
<br />Contributions from General Fund $63,853,907
<br />Contributions from CVB 843,617
<br />Contribution from Capital Projects Fund 6,600
<br />Interest on Investments 329,142
<br />TOTAL REVENUES $65,033,266
<br />D. The following appropriations are made as listed:
<br />Odell 3 -5 Elementary School
<br />$19,755,175
<br />Mt. Pleasant Middle School Replacement
<br />3,237,692
<br />Royal Oaks Elementary
<br />2,309,480
<br />Kannapolis Middle School
<br />1,222,100
<br />School Contingency
<br />2,918,456
<br />County Facility Projects
<br />5,796,633
<br />Park Projects
<br />4,243,573
<br />Park Projects /CVB
<br />843,617
<br />Other County Capital Projects
<br />8,753,882
<br />Community College Renovations
<br />280,043
<br />Harrisburg EMS Station
<br />375,000
<br />Cabarrus County Schools - Buses
<br />875,000
<br />Cabarrus County Schools -- Mobile Units
<br />1
<br />CBTC Campus Renovations, Safety, Security
<br />184,075
<br />CBTC A/C Unit Replacement Phase II
<br />105,000
<br />School Land Banking
<br />5,145,000
<br />Training & Firing Range Renovations
<br />50,000
<br />Public Safety Training Center
<br />75,000
<br />Carolina Thread Trail
<br />50,000
<br />Downtown Parking Deck Design
<br />150,000
<br />FLP - Western Playground Restroom Facility
<br />375,000
<br />Robert Wallace Park
<br />1,769,375
<br />Aisle Safety Lighting
<br />185,000
<br />Marquee Replacement & Sign Enhancement
<br />112,500
<br />County Website Development
<br />250,000
<br />Renovations to 2325 Lake Concord Road
<br />195,000
<br />Courthouse Expansion
<br />100,000
<br />Arena Restroom Renovations
<br />100,000
<br />FLP Barn Restrooms
<br />102,000
<br />]CAM Facility and Warehouse
<br />2,000,000
<br />Concord Middle School Roof
<br />884,359
<br />Harrisburg Elementary School Roof
<br />630,306
<br />Carver Elementary Renovation
<br />850,000
<br />TOTAL EXPENDITURES
<br />$65,033,266
<br />GRAND TOTAL - REVENUES
<br />$65,033,266
<br />
|