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September 18, 2017 (Regular Meeting) Page 3299
<br /> Ordinance No. 2017-57
<br /> CABARRUS COUNTY SMALL PROJECTS
<br /> CAPITAL PROJECT ORDINANCE
<br /> BE IT ORDAINED, by the Board of County Commissioners of the County of
<br /> Cabarrus, North Carolina that, pursuant to Section 13.2 of Chapter 159 of the
<br /> General Statutes of North Carolina, the following capital project ordinance is
<br /> hereby adopted:
<br /> Section I.
<br /> A. The project authorized is for the purpose of accumulating and
<br /> appropriating general fund revenues and federal and state grants funds
<br /> received specifically for use by the appropriate Cabarrus County
<br /> Department who has received the funds.
<br /> B. The officers of this unit are hereby directed to proceed with this
<br /> capital project within the terms of the guidelines as set forth by the
<br /> federal and state government, Generally Accepted Accounting Principles
<br /> (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 /> Board of Elections Department
<br /> Interest on Investments $ 34, 098
<br /> Contribution from General Fund 61,484
<br /> Contribution from Capital Reserve 150, 000
<br /> $ 245,582
<br /> Register of Deeds Department:
<br /> Register of Deeds Fees $1, 433, 669
<br /> Interest on Investments 39,251
<br /> Contribution from General Fund 77,504
<br /> $1, 550, 424
<br /> Soil and Water Department:
<br /> Other Improvement Projects $216,736
<br /> Clean Water Trust Fund Grant Cox Mill 529, 819
<br /> Clarke Creek Grant 28, 014
<br /> EEP Contract 16, 900
<br /> Porter Project2 266, 967
<br /> Drill Program Fees 12, 000
<br /> Suther Farm Project 780, 000
<br /> Stewardship Fund 36, 421
<br /> $1, 886, 857
<br /> Lomax Incubator Farm Property:
<br /> Deferred Farm Tax Collections $27, 000
<br /> Local Agricultural Preservation Projects:
<br /> Contribution from General Fund $13, 800
<br /> Deferred Farm Tax Collections 1, 544, 488
<br /> Deferred Farm Tax Interest 266,382
<br /> Interest on Investments 7,751
<br /> $1, 832, 421
<br /> TOTAL REVENUES $5,542,284
<br /> D. The following appropriations are made as listed:
<br /> Board of Elections Department:
<br /> Board of Elections Equipment and Furniture $ 245,582
<br /> Register of Deeds Department:
<br /> Register of Deeds Automation & Preservation $ 1,550, 424
<br /> Soil and Water Department:
<br /> Other Improvement Projects $216, 736
<br /> Clean Water Trust Fund Grant 529,819
<br /> Clarke Creek Grant 28,014
<br /> EEP Contract 16, 900
<br /> Porter Project2 266, 967
<br /> Drill Repair & Maintenance 12, 000
<br /> Stewardship 36,421
<br /> Suther Farm Project 780,000
<br /> $1, 886, 857
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