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March 20, 2017 (Regular Meeting) Page 3067
<br /> Commissioner Kiger MOVED to approve a $76,292.00 change order from the
<br /> project contingency for the Kannapolis Middle School project and to authorize
<br /> the Finance Director to prepare the appropriate budget revision and related
<br /> capital project ordinances.
<br /> Commissioner Shue reiterated his opposition to the turf, and added that
<br /> he is not opposed to the remainder of the change order items.
<br /> Commissioner Poole seconded the motion.
<br /> The MOTION carried, with Chairman Morris, Vice Chairman Honeycutt,
<br /> Commissioners Kiger and Poole voting for and Commissioner Shue voting against.
<br /> Date: 3/20/2017 Amount: $4,181,373
<br /> Dept. Head: Susan Fearrington (prepared by staff) Department: Finance - Capital Projects Funds
<br /> 0 Internal Transfer Within Department ❑ Transfer Between Departments/Funds © Supplemental Request
<br /> Purpose: CCS Capital Funding request for Mobile Units ($2,400,000) and Bus Purchases ($880,000) . CCS
<br /> Funding request for New High School, Land ($164,342) & Legal/Admin ($80,000) . CCS funding request for
<br /> Performance Learning Center, Engineering, Architect & Legal/Admin. KCS Capital funding request for
<br /> Bus Purchases ($441,739) . KCS funding request for Contingency to cover a change order for the Kannapolis
<br /> Middle School Construction Project ($76,292) .
<br /> Account Number Account Name Approved Budget inc Amount Dec Amount Revised Budget
<br /> 00197210-9701 Capital Outlay Schools $1,987,414.59 $2,400,000.00 $4,387,414.59
<br /> 00197210-9701 Capital Outlay Schools $4,387,414.59 $880,000.00 $5,267,414.59
<br /> 00167210-6921 Cont'd from CRF CCS $0.00 $3,280,000.00 $3,280,000.00
<br /> 45097220-9621 Building & Renovation $13,867,489.20 $3,280,000.00 $10,587,489.20
<br /> 45097220-9704 Cont'd to GF $2,265,042.86 $3,280,000.00 $5,545,042.86
<br /> 36967344-6921 Cont'd from CRF New HS $7,922,153.26 $164,342.00 $8,086,495.26
<br /> 36997344-9485 Admin/Legal $0.00 $80,000.00 $80,000.00
<br /> 36997344-9801 Land Acquisition $4,627,803.26 $84,342.00 $4,712,145.26
<br /> 45097220-9821 Building & Reno $10,587,489.20 $164,342.00 $10,423,147.20
<br /> 45097220-9708 Cont'd to Capt Proj Fd $51,117,978.10 $164,342.00 $51,282,320.10
<br /> 36967341-6921 Cont'd from CRF PLC $0.00 $219,000.00 $219,000.00
<br /> 36997341-9485 dmin/Legal $0.00 $19,000.00 $19,000.00
<br /> 36997341-9606 Engineering $0.00 $100,000.00 $100,000.00
<br /> 36997341-9607 Architect $0.00 $100,000.00 $100,000.00
<br /> 45097220-9821 Building & Reno $10,423,147.20 $219,000.00 $10,204,147.20
<br /> 45097220-9708 Cont'd to Capt Proj Fd $51,282,320.10 $219,000.00 $51,501,320.10
<br /> 00197230-9702 Capital Outlay Schools $543,907.50 $441,739.00 $985,646.50
<br /> 00167230-6921 Cont'd from CRF KCS $0.00 $441,739.00 $441,739.00
<br /> 45097220-9821 Building & Renovations $10,204,147.20 $441,739.00 $9,762,408.20
<br /> 45097220-9704 Cont'd to GF $5,545,042.86 $441,739.00 $5,986,781.86
<br /> 36867404-6921 Cont'd from CRF KMS $4,582,047.00 $76,292.00 $4,658,339.00
<br /> 36897404-9820 Construction $35,913,124.00 $76,292.00 $35,989,416.00
<br /> 45097404-9660 Contingency KMS $436,101.00 $76,292.00 $359,809.00
<br /> 45097220-9708 Contdb to Capt Proj Fd $51,501,320.10 $76,292.00 $51,577,612.10
<br /> Ordinance No. 2017-12
<br /> CABARRUS COUNTY SCHOOL CONSTRUCTION DEBT FUND
<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 for the construction and renovations of
<br /> Public Schools. Details of the projects are listed in section D. of
<br /> 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 Reserve Contribution $10, 897, 343
<br /> General Fund Contribution 1,336, 500
<br /> Limited Obligation Bonds 84, 944, 452
<br /> Public School Building - Lottery funds 1, 600, 000
<br /> Interest Income 18, 818
<br /> TOTAL REVENUES $98, 797, 113
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