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May 18, 2015 (Regular Meeting) Page 239I <br />UPON MOTION of Vice Chairman Poole, seconded by Commissioner Mynatt and <br />unanimously carried, the Board approved the Cabarrus County Schools request <br />for $950,000.00 for design and construction administration services for the <br />replacement of Royal Oaks Elementary School and approved the related budget <br />amendment and Project Ordinances. <br />Date:4/22/2015 Amount: $950,500 <br />Dept. Head: Susan Fearrington Department: School Construction Debt Fund <br />❑ Internal Transfer within Department ❑ Transfer Between Departments /Funds R Supplemental Request <br />Educ : The Board of <br />Purpose: _ <br />p ation is requesting $950,500 for the design and construction contract <br />administration services for the replacement of Royal oaks Elementary School. The Cabarrus Board of <br />Education approved the request on April 13, 2015. The funds are available in the Capital Reserve <br />Fund. <br />Account Number <br />Account Name <br />Approved Budget <br />Inc Amount <br />Dec Amount <br />Revised Budget <br />36897305 -9607 <br />Architect <br />$0.00 <br />$950,500.00 <br />$950,500.00 <br />36867305 -6921 <br />Cont from CRF-Royal <br />$30,000.00 <br />$950,500.00 <br />$980,500.00 <br />45097220 -9708 <br />Cont to Cap Projects F <br />$30,338,097.81 <br />$950,500.00 <br />$31,288,597.81 <br />45097220 -9821 <br />Building & Renovations <br />$14,173,751.24 <br />$950,500.00 <br />$13,223,251.24 <br />Ordinance No. 2015 -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 <br />Statutes of North Carolina, the following capital project ordinance is hereby <br />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 <br />Accounting 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 $4,299,500 <br />TOTAL REVENUES $4,299,500 <br />D. The following appropriations are made as listed. <br />Kannapolis Middle School $1,319,000 <br />Royal Oaks Elementary School $980,500 <br />Mt. Pleasant Middle School $2,000,000 <br />TOTAL EXPENDITURES $4,299,500 <br />GRAND TOTAL - REVENUES $4,299,500 <br />GRAND TOTAL - EXPENDITURES $4,299,500 <br />Section II. <br />A. Special appropriations to non- profit organizations shall be <br />distributed after the execution of an agreement which ensures that <br />all County funds are used for statutorily permissible public <br />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 />