BC 2012 09 17 Regular Meeting - Laserfiche WebLink

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September 17, 2012 (Regular Meeting) Soil and Water Department: Page 1232 ADFP Grant $ 89,600 Clean Water Trust Fund Grant $ 521,833 Clarke Creek Grant $ 35,000 EEP Contract $ 16,900 Operating Revenues (Fees, Donations) $ 7,975 Interest on Investments $ 1,700 Commerce Department: NC Tobacco Trust Fund - Site Development $ 75,000 Cooperative Extension Department: ADFP Grant $ 675,000 Contribution from Capital Reserve $ 400,000 Contribution from General Fund $ 482,357 Interest on Investments $ 208 Elma C. Lomax Farm Project: Deferred Farm Tax Collections $ 73,557 Deferred Farm Tax Interest on Investments $ 8,941 Contribution from General Fund $ 326,050 Donations - Cannon Trust $ 152,529 Operating Revenues (Fees, Donations) $ 5,685 Interest on Investments $ 6,566 Section 5. The Finance Officer is hereby directed to maintain within the Capital Projects Fund sufficient detailed accounting records. 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 4 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. Upon the completion of the 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 $100,000 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. Upon notification of funding increases or decreases to existing grants or revenues or the award of grants or revenues, the Manager or Finance Officer may adjust budgets to match, including grants that require a County match for which funds are available. e. 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 17th day of September 2012. CABARRUS COUNTY BOARD OF COMMISSIONERS BY: /s/ Elizabeth F. Poole Elizabeth F. Poole, Chairman