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June 20, 2011 (Regular Meeting) <br />Page 486 <br />element in Section 3 and on the total revenues received or <br />claimed. <br />Section 8. Copies of this grant project ordinance shall be <br />furnished to the Clerk to the Governing Board, and to the Budget <br />Officer and the Finance Officer for direction in carrying out the <br />projects. <br />Section 9. At the completion of each individual project, <br />all unrestricted excess funds are transferred to the General Fund <br />and the Grant Project Ordinance is closed. <br />Section 10. The County Manager is hereby authorized to transfer <br />revenues and appropriation within an ordinance as contained herein <br />under the following conditions: <br />a. The Manager may transfer amounts between objects of expenditures <br />and revenues within a function without limitation. <br />b. The Manager may transfer amounts up to $100,000 between functions <br />of the same ordinance. <br />c. The Manager may transfer amounts between contingency funds which <br />are set aside for a specific project for budgetary shortfalls or <br />upon the appropriate approval of a change order. <br />d. Upon notification of funding increases or decreases to existing <br />grants or revenues or the award of grants or revenues, the <br />Manager or Finance Officer may adjust budgets to match, including <br />grants that require a County match for which funds are available. <br />e. The Manager may enter into and execute change orders or <br />amendments to County construction contracts in amounts up to <br />$90,000 when the project ordinance contains sufficient <br />appropriated but unencumbered funds. <br />Adopted this 20th day of June, 2011. <br />CABARRUS COUNTY BOARD OF COMMISSIONERS <br />BY: /s/ H. Jay White, Sr. <br />H. Jay White, Sr., Chairman <br />ATTEST: <br />/s/ Kay Honeycutt <br />Clerk to the Board <br />Ordinance No. 2011 -18 <br />CABARRUS COUNTY CDBG HOME 2010 GRANT <br />SPECIAL REVENUE PROJECT ORDINANCE <br />BE IT ORDAINED, by the Board of County Commissioners of the <br />County of Cabarrus, North Carolina that, pursuant to Section <br />13.2(a)of Chapter 159 of the General Statutes of North Carolina, <br />the following grant project ordinance is hereby adopted: <br />Section 1. The projects authorized is for the Grant <br />Projects for the purpose of receiving and disbursing funds as <br />directed Home Program Grant. The project is referenced in <br />Section 3. <br />Section 2. The officers of this unit are hereby directed <br />to proceed within the terms of the Generally Accepted Accounting <br />Principles (GAAP) , the grant terms and the budget contained <br />herein. <br />Section 3. The following budgeted amounts are appropriated <br />for the projects: <br />HOME Program 172,898 <br />Total $ 172,898 <br />Section 4. The following revenues are anticipated to be <br />available to complete these projects: <br />HOME Program Grant 132,898 <br />Contribution from General Fund 40,000 <br />Total $ 172,898 <br />