BC 2011 03 21 Regular - Laserfiche WebLink

Home Browse Search

March 21, 2011 (Regular Meeting) Page 357 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 Capital Reserve 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 projects upon the appropriate approval of the change order. d. The Manager may enter into and execute change orders or amendments to County construction contracts in amounts up to $50,000 when the project ordinance contains sufficient appropriated but unencumbered funds. Adopted this 21S day of March 2011. CABARRUS COUNTY BOARD OF COMMISSIONERS BY: /s/ H. Jay White, Sr. H. Jay White, Sr., Chairman ATTEST: /s/ Kay Honeycutt Clerk to the Board AMENDMENT #1 TO THE CONTRACT FOR CONSTRUCTION MANAGER AT RISK FOR THE CONSTRUCTION OF THE CABARRUS COUNTY BOARD OF ELECTIONS RENOVATION PROJECT BETWEEN CABARRUS COUNTY, OWNER AND CM BLACK CONSTRUCTION CO., INC., CONSTRUCTION MANAGER AT RISK Pursuant to Article 7 of the Contract, the Owner and Construction Manager established a Guaranteed Maximum Price and Contract Time for the work as set forth below: ARTICLE 1 - GUARANTEED MAXIMUM PRICE The Construction Manager's Guaranteed Maximum Price for the construction of the Board of Elections Complete Renovation Project, including the estimated Cost of Work as defined in the Contract and the Construction Manager's Fee as therein defined is: $1,178,034.00 This price is for the performance of construction of the complete Board of Elections Renovation Project in accordance with the Contract Documents and the following additional documents: 1. Guaranteed Maximum Price Book of CM Black Construction Co., Inc. dated February 21, 2011, which is incorporated by reference.