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October 17, 2016 (Regular Meeting) <br />Page 2905 <br />5. Upon notification of funding increases or decreases to existing <br />grants or revenues, or the award of grants or revenues, the Manager <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 />B. 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 />1C. 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 17th day of October, 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 />(F -2) County Manager - Cabarrus County Personnel Ordinance Revisions <br />Staff has identified an area of the Cabarrus County Personnel Ordinance <br />that requires revision for the Board of Commissioners to review and consider. <br />I. Pay Plan Salary Tables - Salaries /Computer Computations <br />(rounding) /Adjustments to correct. <br />At the work session, staff presented additional information concerning <br />the history of the item, potential impacts to employees and future budgets. <br />