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BC 2010 06 21 Regular Meeting
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BC 2010 06 21 Regular Meeting
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10/19/2011 1:20:03 PM
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Meeting Minutes
Doc Type
Minutes
Meeting Minutes - Date
7/20/2010
Board
Board of Commissioners
Meeting Type
Regular
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June 21, 2010 (Regular Meeting) <br />Page 18 <br />functions of the same ordinance. <br />c. The Manager may transfer amounts between contingency <br />funds which are set aside for a specific project upon <br />the appropriate approval of the change order. <br />d. The Manager may enter into and execute change orders or <br />amendments to County construction contracts in amounts <br />up to $50,000 when the project ordinance contains <br />sufficient appropriated but unencumbered funds. <br />Adopted this 21S day of June, 2010. <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. 2010 -13 <br />CAPITAL PROJECTS FUND <br />CAPITAL PROJECT ORDINANCE <br />BE IT ORDAINED, by the Governing Board of Cabarrus County, <br />North Carolina, that, pursuant to Section 13.2 of Chapter 159 of <br />the General Statutes of North Carolina, the following capital <br />project ordinance is hereby adopted: <br />Section 1. The project authorized for smaller debt and non - <br />debt Capital Projects conducted by the County. <br />Section 2. The officers of this unit are hereby directed to <br />proceed with this capital project within the terms contained in <br />this project ordinance. <br />Section 3. The following budgeted amounts are appropriated <br />for the projects: <br />Capital Improvement Park Projects $13,337,309 <br />Emergency Management Projects 3,234,373 <br />Total $16,571,682 <br />Section 4. The following revenues are anticipated to be <br />available to complete this project: <br />Contribution - Capital Reserve Fund $ 5,668,536 <br />Contribution - General Fund 6,280,252 <br />Lease Proceeds 3,421,394 <br />State and Federal Grants 600,000 <br />Contributions & Private Donations 601,500 <br />Total $16,571,682 <br />Section 5. The Finance Officer is hereby directed to <br />maintain within the Capital Project Fund sufficient detailed <br />accounting records to satisfy the requirements of the law. <br />Section 6. Funds may be advanced from the General Fund for <br />the purpose of making payments as due. Reimbursements to the <br />General Fund should be made in an orderly and timely manner. <br />Section 7. The Finance Officer is directed to report, at <br />the request of the Board, on the financial status of each project <br />element in Section 3 and on the total revenues received or <br />claimed. <br />Section 8. The Budget Officer is directed to include a <br />detailed analysis of past and future costs and revenues on this <br />capital project in every budget submission to this Board. <br />Section 9. Copies of this capital project ordinance shall <br />be furnished to the Clerk of Cabarrus County, and to the Budget <br />
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