BC 2012 06 18 Regular Meeting - Laserfiche WebLink

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June 18, 2012 (Regular Meeting) Page 1118 Renovation of Human Services Building $ 1,193,033 Governmental Center Main Area Handler $ 100,000 Demolition of old Board of Elections $ 650,000 Arena roof replacement $ 148,800 Renovation of Kann Library Program Room $ 50,000 Emergency Telephone Equipment $ 847,612 Southeast Community Park $ 5,231,394 Board of Elections Renovation $ 2,313,767 Mini Governmental Campus $ 244,877 Bethel Elementary Project $ 9,600 Debt Service Payments $ 1,738,723 Courthouse Chiller replacement $ 135,000 Multi Building Precast Sealing & Caulking $ 240,000 Arena HVAC Equipment replacement $ 1,000,000 Camp T.N. Spencer Park $ 75,000 Human Services HVAC $ 100,000 Total $16,077,806 Section 4. The following revenues are anticipated to be available to complete this project: Capital Project Funds (Capital Reserve) $11,758,800 Rental - Tower Lease $ 102,478 Lease Proceeds (Wallace Park) $ 3,421,394 General Fund Contribution $ 795,134 Total $16,077,806 Section 5. The Finance Officer is hereby directed to maintain within the Capital Project Fund sufficient detailed accounting records to satisfy the requirements of the law. Section 6. Funds may be advanced from the General Fund for the purpose of making payments as due. Reimbursement to the General Fund should be made in an orderly and timely manner. Section 7. The Finance Officer is directed to report, at the request of the Board, on the financial status of each project element in Section 3 and on the total revenues received or claimed. Section 8. Copies of this capital project ordinance shall be furnished to the Clerk to the Governing Board, and to the Budget Officer and the Finance Officer for direction in carrying out this project. Section 9. At the completion of the construction project, all unrestricted excess funds are transferred to the General Fund and the Capital Project Ordinance is closed. Section 10. The County Manager is hereby authorized to transfer revenues and appropriation within an ordinance as contained herein under the following conditions: a. The Manager may transfer amounts between objects of expenditures and revenues within a function without limitation. b. The Manager may transfer amounts up to $500,000 between functions of the same ordinance. c. The Manager may transfer amounts between contingency funds which are set aside for a specific project for budgetary shortfalls or upon the appropriate approval of a change order. d. The Manager may enter into and execute change orders or amendments to County construction contracts in amounts up to $90,000 when the project ordinance contains sufficient appropriated but unencumbered funds. Adopted this 18th day of June, 2012. CABARRUS COUNTY BOARD OF COMMISSIONERS BY: /s/ Elizabeth F. Poole Elizabeth F. Poole, Chairman ATTEST: