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June 19, 2017 (Regular Meeting) Page 3181 <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 <br /> financial 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 <br /> I 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 19th day of June, 2017. <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 - Duke Energy Easement Approval <br /> Duke Energy presented a utility easement to Cabarrus County Schools for <br /> approval. That approval was granted and the easement recorded, however, <br /> Cabarrus County is the correct property owner. Therefore, the easement needs <br /> to be approved, executed and recorded. <br /> UPON MOTION of Vice Chairman Honeycutt, seconded by Commissioner Kiger <br /> and unanimously carried, the Board approved the easement between Cabarrus County <br /> and Duke Energy and authorized the County Manager to execute the easement on <br /> behalf of Cabarrus County, subject to review or revisions by the County <br /> Attorney. <br /> (F-3) County Manager - Duke Energy Easement at Royal Oaks Elementary School <br /> Duke Energy has requested an easement for the power supply to the new <br /> Royal Oaks Elementary School. <br /> UPON MOTION of Vice Chairman Honeycutt, seconded by Commissioner Kiger <br /> and unanimously carried, the Board approved the easement between Cabarrus County <br />