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June 21, 2010 (Regular Meeting) Page 38 <br />of their duties and are available for public inspection. <br />Adopted this the 21st day of June, 2010. <br />/s/ H. Jay White, Sr. <br />H. Jay White, Sr., Chairman <br />/s/ Kay Honeycutt <br />Kay Honeycutt, Clerk to the Board <br />UPON MOTION of Commissioner Mynatt, seconded by Commissioner Carruth <br />and unanimously carried, the Board adopted the following ordinance: <br />Ordinance No. 2010 -18 <br />CABARRUS COUNTY CAPITAL IMPROVEMENTS PROJECT <br />BUDGET ORDINANCE <br />FISCAL YEAR 2010 -2011 <br />BE IT ORDAINED by the Board of Commissioners of Cabarrus County, North <br />Carolina: <br />Section I. <br />The following amounts are hereby appropriated as the estimated revenues <br />and project appropriations for the capital projects listed below during <br />the Fiscal Year beginning July 1, 2010 and ending June 30, 2011: <br />Capital Projects Fund <br />A. It is estimated that the following revenues will be available to <br />complete capital projects as adopted in the 2011 Capital Improvement <br />Plan for the fiscal year beginning July 1, 2010, and ending June 30, <br />2011: <br />Contribution - Capital Reserve Fund 940,000 <br />TOTAL REVENUES 940,000 <br />B. The following appropriations are made as adopted in the 2011 Capital <br />Improvement Plan for the fiscal year beginning July 1, 2010, and <br />ending June 30, 2011: <br />Arena Storage 650,000 <br />Library System Software 40,000 <br />Human Services Building HVAC 100,000 <br />RCCC Roof 150,000 <br />TOTAL EXPENDITURES 940,000 <br />GRAND TOTAL - REVENUES $ 940,000 <br />GRAND TOTAL - EXPENDITURES $ 940,000 <br />Section II. <br />A. Special appropriations to non - profit organizations shall be <br />distributed after the execution of an agreement which ensures that <br />all County funds are used for statutorily permissible public <br />purposes. <br />B. The County Manager and /or Finance Director, or designee is hereby <br />authorized to transfer appropriations within or between funds, or <br />modify revenue and expenditure projections as contained herein under <br />the following conditions: <br />1. The Budget Director may transfer amounts between objects of <br />expenditure within a function. <br />2. The County Manager may transfer amounts up to $100,000 between <br />functions of the same fund. <br />3. The County Manager may not transfer any amounts between funds <br />nor from any contingency appropriation within any fund without <br />