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September 25, 2006 (Regular Meeting) Page 118 UPON MOTION of Commissioner Privette, seconded by Commissioner Carpenter and unanimously carried, the Board adopted the following budget amendment: BUDGET REVISION/AMENDMENT REQUEST DEPARTMENT OF DEPUTY COUNTY MANAGER AMOUNT: $4,059.00 TYPE OF ADJUSTMENT: Supplemental Request PURPOSE OF REQUEST: This budget amendment is to appropriate additional revenue in the amount of $4, 059.00 to be received from the NC Department of Correction for the Criminal Justice Partnership Program (CJPP) Grant. The legislature authorized additional funding for the CJPP Grant and also modified the methodology by which funds are distributed to counties resulting in a change from the original application amount of $120,390.00. Funds are used to operate a community based correction program that provides outpatient substance abuse treatment services to offenders. Present Account No. Approved Budget Increase Decrease Revised Budget 00161980-6344 $120,390.00 $4,059.00 $124,449.00 Criminal Justice Partnership Grant Revenue 00191980-9499 $120,390.00 $4,059.00 $124,449.00 Criminal Justice Partnership Grant Expense (F-19) Bank of New York Custody Agreement - Technical Correction (Authorize Individuals to Manage the Account) On July 10, 2006 the Board of Commissioners approved the custody agreement for the County's invested securities and authorized the Deputy County Manager/Finance Director to execute the contract. However three pages were not completed indicating the authorized individuals to manage the account. These pages have been included for approval by the Board authorizing Margaret Selby, Susan Fearrington and Pamela Dubois to be the authorized individuals to manage the account. UPON MOTION of Commissioner Privette, seconded by Commissioner Carpenter and unanimously carried, the Board authorized Margaret Selby, Susan Fearrington, and Pamela Dubois to manage the Bank of New York Account and authorized Robert W. Carruth, Chairman, to certify the authorization of these three individuals as part of the custody agreement. (F-20) Convention and Visitor's Bureau (CVB) - Budget Amendment (Annual Transfer of Fund Balance) This budget amendment is to transfer funds from the CVB's fund balance to other operating cost line item to cover the costs associated with filling the position of the President/CEO of the CVB. In addition, the CVB is requesting that $190,000.00 be transferred to the marketing line item for the balance owed for CVBTV and for additional marketing efforts to promote the I- 85 Exit 49 and the Convention Center as a meeting destination. Any remaining fund balance at June 30, 2006 will continue to be designated as fund balance in the CVB fund. The Cabarrus County Tourism Authority approved the transfers at their August 23, 2006 meeting. UPON MOTION of Commissioner Privette, seconded by Commissioner Carpenter and unanimously carried, the Board adopted the following budget amendment: BUDGET REVISION/AMENDMENT REQUEST DEPARTMENT OF DEPUTY COUNTY MANAGER AMOUNT: $190,000.00 TYPE OF ADJUSTMENT: Supplemental Request PURPOSE OF REQUEST: This budget amendment is to transfer funds from the CVB's fund balance to the other operating cost line item to cover the soft costs associated with filling the position of the President/CEO of the CVB. In addition, the CVB is requesting that $190,000.00 be transferred to the marketing line item for the balance owed for CVBTV and for additional marketing efforts to promote the I-85 Exit 49 and the Convention Center as a meeting destination. Any remaining fund balance at June 30, 2006 will continue to be designated as fund balance in the CVB Fund. Present Account No. Approved Budget 53193110-9355 $2,910.00 Other Operating Costs 53193110-9695 $176,395.00 Increase Decrease Revised Budget $35,000.00 $37,910.00 $155,000.00 $331,395.00