|
December 19, 2016 (Regular Meeting) Page 29$4
<br /> CABARRUS COUNTY CONSTRUCTION AND RENOVATION
<br /> PROJECT
<br /> BUDGET ORDINANCE
<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 the various County construction and
<br /> renovation related projects. Details of the projects are listed in
<br /> section C. of this Project Ordinance.
<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 /> Capital Projects Fund (Capital Reserve Fund) $6, 907, 288
<br /> Rental - Tower Lease 578, 137
<br /> Lease Proceeds ( Robert Wallace Park) 3, 421, 394
<br /> General Fund Contribution 3, 300, 830
<br /> Sale of Fixed Assets 423, 417
<br /> Contributions and Donations 117, 036
<br /> Park & Recreation Trust Fund(PARTF) Grant 350, 000
<br /> TOTAL REVENUES $15, 098, 102
<br /> D. The following appropriations are made as listed.
<br /> Downtown Parking Deck $246, 000
<br /> Tax Collector Renovation 163, 500
<br /> County Website Design 250, 000
<br /> TAM Facility and Warehouse 2, 000, 000
<br /> Jail Camera Upgrade 47, 000
<br /> LEC Law Enforcement Technology 786, 932
<br /> Training & Firing Range Renovation 50, 000
<br /> Courthouse Expansion 100, 000
<br /> Northeast VFD Emergency Hydrants 4C, 000
<br /> Public Safety Training Center 90, 000
<br /> Emergency Communications Equipment 1, 951,529
<br /> JM Robinson High School Wetlands Mitigation 100, 000
<br /> Robert Wallace Park 7, 902, 964
<br /> Frank Liske Park - Western Playground Restrooms 375, 000
<br /> Frank Liske Park - Barn Restrooms 102, 000
<br /> Frank Liske Park Overflow Parking 236, 960
<br /> Carolina Thread Trail 50, 000
<br /> Arena- Restroom Renovation 100, 000
<br /> Arena -Aisle Safety Lighting 185, 000
<br /> Arena - Marque Replacement & Sign 112, 500
<br /> Unassigned 208,717
<br /> TOTAL EXPENDITURES $15, 098, 102
<br /> GRAND TOTAL - REVENUES $15, 098, 102
<br /> GRAND TOTAL - EXPENDITURES $15, 098, 102
<br /> Section II.
<br /> A. Special appropriations to non-profit organizations shall be
<br /> distributed after the execution of an agreement which ensures that all
<br /> County funds are used for statutorily permissible public purposes.
<br /> B. The County Manager or designee is hereby authorized to transfer
<br /> appropriations within or between funds, or modify revenue and
<br /> expenditure projections as contained herein under the following
<br /> conditions:
<br /> 1. The Manager may transfer amounts between objects of expenditure
<br /> and revenues within a function without limitation.
<br /> 2. The County Manager may transfer amounts up to $500, 000 between
<br /> functions of the same fund.
<br />
|