BC 2014 09 15 Regular Meeting - Laserfiche WebLink

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September 15, 2014 (Regular Meeting) Pa ge 2161 agricultural conservation easement on an estimated 182.49 acres of farmland on Porter Farms. This is the second conservation easement on Porter Farms funded by state and federal grants as well as the landowners. Farmland preservation supports goals of both the Board of Commissioners and the Conservation District Board by improving the quality of life for Cabarrus County citizens. Permanently protecting farmland provides the land base necessary for the county's agricultural economy while simultaneously keeping the tax burden low by maximizing land acreage where the cost of county services is lower. UPON MOTION of Vice Chairman Burrage, seconded by Commissioner Measmer and unanimously carried, the Board accepted the grant award and adopted the related budget revision and revised project ordinance and granted authority to the County Manager to execute the grant award on behalf of Cabarrus County, subject to review and revision by the County Attorney and the Soil and Water Conservation District. Date: 9/15/2014 Amount - $684,337.50 Dept. Head: Kelly Sifford Department:Planning and Development ❑ Internal Transfer Within Department ❑ Transfer Between Departments /Funds Q Supplemental Request Purpose: Appropriate grant from the Agricultural Land Easement of $456,225 from the federal component of the Conservation Easement Program and appropriate funds previous awarded from the Agricultural Development and Farmland Preservation Trust of $226,112.50. Funds will be used to Purchase easement on Porter Farms. Account Number Account Name Approved Budget Inc Amount Dec Amount Revised Budget 46063270- 6212 -PORT2 S &W Porter Farms2 $0.00 $456,225.00 $ $456,225.00 46063270- 621201PORT2 S &W Porter Farms2 $0.00 $228,112.50 Register of Deeds Department: $228,112.50 46093270 - 9698 -PORT2 S &W Porter Farms2 $0.00 $684,337.50 $ $684,337.50 Ordinance No. 2014 -22 CABARRUS COUNTY SMALL PROJECTS CAPITAL PROJECT ORDINANCE BE IT ORDAINED, by the Board of County Commissioners of the County of Cabarrus, North Carolina that, pursuant to Section 13.2 of Chapter 159 of the General Statutes of North Carolina, the following capital project ordinance is hereby adopted: Section I. A. The project authorized is for the purpose of accumulating and appropriating general fund revenues and federal and state grants funds received specifically for use by the appropriate Cabarrus County Department who has received the funds. B. The officers of this unit are hereby directed to proceed with this capital project within the terms of the guidelines as set forth by the federal and state government, Generally Accepted Accounting Principles (GAAP) and the budget contained herein. C. It is estimated that the following revenues will be available to complete capital projects as listed: Board of Elections Department: Interest on Investments $ 33,200 Contribution from General Fund $ 25,621 Contribution from Capital Reserve $ 150,000 $ 208,821 Register of Deeds Department: Register of Deeds Fees $ 1,108,643 Interest on Investments $ 37,303 Contribution from General Fund $ 77,504 $ 1,223,450 Soil and Water Department: ADFP Grant $ 89,600 Clean Water Trust Fund Grant $ 521,833 Clarke Creek Grant $ 49,800 EFP Contract $ 16,900 Operating Revenues (Fees, Donations) $ 8,525 Porter Project $ 525,000 Porter Project2 $ 684,338 Contribution from General Fund $ 125,000 Deferred Farm Tax Collections $ 125,000 Interest on Investments $ 1,700