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June 15, 2015 (Regular Meeting) Page 2467 <br />ATTEST: <br />/s/ Megan Smit <br />Clerk to the Board <br />Ordinance No. 2015 -26 <br />CABARRUS COUNTY SMALL PROJECTS <br />CAPITAL PROJECT ORDINANCE <br />BE IT ORDAINED, by the Board of County Commissioners of the <br />County of Cabarrus, North Carolina that, pursuant to Section 13.2 <br />of Chapter 159 of the General Statutes of North Carolina, the <br />following capital project ordinance is hereby adopted: <br />Section I. <br />A. The project authorized is for the purpose of accumulating <br />and appropriating general fund revenues and federal and <br />state grants funds received specifically for use by the <br />appropriate Cabarrus County Department who has received <br />the funds. <br />B. The officers of this unit are hereby directed to proceed <br />with this capital project within the terms of the <br />guidelines as set forth by the federal and state <br />government, Generally Accepted Accounting Principles <br />(GAAP) and the budget contained herein. <br />C. It is estimated that the following revenues will be <br />available to complete capital projects as listed: <br />Board of Elections Department: <br />Interest on Investments <br />$ <br />33,200 <br />Contribution from General Fund <br />$ <br />61,484 <br />Contribution from Capital Reserve <br />$ <br />150,000 <br />Interest on Investments <br />$ <br />244,684 <br />Register of Deeds Department: <br />$ <br />1,666,520 <br />Register of Deeds Fees <br />$ <br />1,214,797 <br />Interest on Investments <br />$ <br />37,335 <br />Contribution from General Fund <br />$ <br />77,5C4 <br />Contribution from General Fund <br />$ <br />1,329, 636 <br />Soil and Water Department: <br />$ <br />152,600 <br />ADFP Grant <br />$ <br />89,600 <br />Clean Water Trust Fund Grant <br />$ <br />521,633 <br />Clarke Creek Grant <br />$ <br />49,800 <br />EEP Contract <br />$ <br />16,900 <br />Operating Revenues (Fees, Donations) <br />$ <br />11,550 <br />Porter Project <br />$ <br />525,000 <br />Porter Project2 <br />$ <br />684,338 <br />Contribution from General Fund <br />$ <br />125,000 <br />Deferred Farm Tax Collections <br />$ <br />250,000 <br />Stewardship Fund <br />$ <br />9,588 <br />Interest on Investments <br />$ <br />1,693 <br />$ <br />2,285,302 <br />Commerce Department: <br />NC Tobacco Trust Fund - Site Development <br />$ <br />75,000 <br />Cooperative Extension Department: <br />ADFP Grant <br />$ <br />675,000 <br />Contribution from Capital Reserve <br />$ <br />400,000 <br />Contribution from General Fund <br />$ <br />611,178 <br />Interest on Investments <br />$ <br />342 <br />$ <br />1,666,520 <br />Elma C. Lomax Farm Project: <br />Deferred Farm Tax Collections <br />$ <br />65,062 <br />Deferred Farm Tax Interest on Investments <br />$ <br />8,941 <br />Contribution from General Fund <br />$ <br />197,229 <br />Donations - Cannon Trust <br />$ <br />152,600 <br />Operating Revenues (Fees, Donations) <br />$ <br />7,301 <br />Interest on Investments <br />$ <br />7,837 <br />$ <br />438,970 <br />Local Agricultural Preservation Projects: <br />Deferred Farm Tax Collections <br />$ <br />553,906 <br />Deferred Farm Tax Interest <br />$ <br />89,297 <br />