BC 2012 08 20 Regular Meeting - Laserfiche WebLink

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August 20, 2012 (Regular Meeting) Page 1200 Facilities Mitigation Agreement (APFMA) may now be executed between Lennar Carolinas, LLC and Cabarrus County. UPON MOTION of Commissioner Carruth, seconded by Vice Chairman Burrage and unanimously carried, the Board approved the Adequate Public Facilities Mitigation Agreement between Cabarrus County and Lennar Carolinas, LLC for the Brookdale Commons subdivision, including the payment of $7,631.00 per lot to advance school adequacy with payment due at final platting. By the same motion, the Board authorized the County Manager to execute the Agreement of behalf of Cabarrus County, subject to review or revisions by the County Attorney. (F -7) Planning and Development Services - 2012 -2013 HOME Program Contract In January the Board of Commissioners held a public hearing for the 2012 -2013 HOME Program and the required match was approved during the budget process. The contract is the standard HOME program contract which has been approved by the County Attorney. UPON MOTION of Commissioner Carruth, seconded by Vice Chairman Burrage and unanimously carried, the Board approved the contract between Cabarrus County and the City of Concord; and authorized the County Manager to execute the contract on behalf of Cabarrus County, subject to review or revisions by the County Attorney. By the same vote, the Board adopted the related project ordinance and budget amendment for the 2012 -2013 HOME program. Ordinance No. 2012 -15 CABARRUS COUNTY HOME 2012 -2013 GRANT SPECIAL REVENUE PROJECT ORDINANCE BE IT ORDAINED, by the Board of County Commissioners of the County of Cabarrus, North Carolina that, pursuant to Section 13.2(a) of Chapter 159 of the General Statutes of North Carolina, the following grant project ordinance is hereby adopted: Section 1. The projects authorized is for the Grant Projects for the purpose of receiving and disbursing funds as directed Home Program Grant. The project is referenced in Section 3. Section 2. The officers of this unit are hereby directed to proceed within the terms of the Generally Accepted Accounting Principles (GAAP), the grant terms and the budget contained herein. Section 3. The following budgeted amounts are appropriated for the projects: HOME Program $ 123,411 Total $ 123,411 Section 4. The following revenues are anticipated to be available to complete these projects: HOME Program Grant $98,411 Contribution from General Fund $25,000 Total $ 123,411 Section 5. The Finance Officer is hereby directed to maintain within the Grant Project Fund sufficient detailed accounting records to satisfy the terms of any debt financing resolutions and any grant agreements or federal and state regulations. Section 6. Funds may be advanced from the General Fund for the purpose of making payments as due. Reimbursement requests should be made to the grantor agencies 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 grant 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 the projects. Section 9. At the completion of each individual project, all unrestricted excess funds are transferred to the General Fund and the Grant Project Ordinance is closed.