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<br />June 19, 2006 - Regular Meeting <br /> <br />Page <br /> <br />643 <br /> <br />d. The Manager may enter into and execute change orders or amendments <br />to County construction contracts in amounts up to $50,000 when the <br />project ordinance contains sufficient appropriated but unencumbered <br />funds. <br /> <br />Adopted this 19th day of June 2006. <br /> <br />CABARRUS COUNTY BOARD OF COMMISSIONERS <br />BY: Isl Robert W. Carruth <br />Robert W. Carruth, Chairman <br /> <br />ATTEST: <br />IslFrankie F. Bonds <br />Frankie F. Bonds, Clerk to the Board <br /> <br />Ordinance No. 2006-05 <br /> <br />CABARRUS COUNTY PARKS AND RECREATION <br />SPECIAL REVENUE PROJECT ORDINANCE <br /> <br />BE IT ORDAINED, by the Board of County Commissioners of the County of <br />Cabarrus, North Carolina, that, pursuant to Section 13.2 of Chapter 159 of <br />the General Statutes of North Carolina, the following special revenue project <br />ordinance is hereby adopted: <br /> <br />Section 1. The special revenue project authorized is for the purpose <br />of collecting and appropriating contributions and private donations received <br />specifically for the Cabarrus County Parks and Recreation System. <br /> <br />Section 2. The officers of this unit are hereby directed to proceed <br />with this project within the terms of the Generally Accepted Accounting <br />Principals (GAAP) and the budget contained herein. <br /> <br />Section 3. <br />projects: <br /> <br />The following budgeted amounts are appropriated for the <br /> <br />Special Projects <br /> <br />$ <br /> <br />10,744 <br /> <br />Section 4. The following revenues are anticipated to be available to <br />complete this project: <br /> <br />Contributions and Private Donations <br />Interest on Investments <br /> <br />$ <br />$ <br /> <br />9,208 <br />1,536 <br /> <br />Section 5. The Finance Officer is hereby directed to maintain within <br />the Special Revenue Fund sufficient detailed accounting records. <br /> <br />Section 6. Funds may be advanced from the General Fund for the purpose <br />of making payments as due. Reimbursement to the General Fund should be made <br />in an orderly and timely manner. <br /> <br />section 7. The Finance Officer is directed to report, at the request <br />of the Board, on the financial status of each project element in Section 3 <br />and on the total revenues received or claimed. <br /> <br />Section 8. Copies of this special revenue proj ect ordinance shall be <br />furnished to the Clerk to the Governing Board, and to the Budget Officer and <br />the Finance Officer for direction in carrying out this project. <br /> <br />Section 9. At the completion of the project, all unrestricted excess <br />funds are transferred to the Capital Reserve Fund and the Special Revenue <br />Project Ordinance is closed. <br /> <br />Section 10. The County Manager is hereby authorized to transfer <br />revenues and appropriation within an ordinance as contained herein under the <br />following conditions: <br /> <br />a. The Manager may transfer amounts between obj ects 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 projects upon the appropriate approval <br />of the change order. <br />d. The Manager may enter into and execute change orders or amendments <br />to County construction contracts in amounts up to $50,000 when the <br />project ordinance contains sufficient appropriated but unencumbered <br />funds. <br />