|
November 13, 2006 (Recessed Meeting)
<br />Page 163
<br />45097220-9821 $7,992,775.00 $11,349,787.00 $18,842,562.00
<br />Building and Renovations
<br />UPON MOTION of Chairman Carruth, seconded by Vice Chairman Juba and
<br />unanimously carried, the Board adopted the following budget amendment:
<br />BDDGET REVISION/AMENDMENT REQOEST
<br />DEPARTMENT OF FINANCE
<br />AMOUNT: $13,000,000.00
<br />TYPE OF ADJUSTMENT: Supplemental Request
<br />PURPOSE OF REQUEST: To appropriate funds for the Pre-cast portion on the
<br />Sheriff and Detention Center Project cost. The County anticipates to be
<br />reimbursed for the expense upon issuance of Certificates of Participation for
<br />the project.
<br />Present
<br />Account No. Approved Budget Increase Decrease Revised Budget
<br />00161710-6701 $1,033,524.00 $1,000,000.00 $2,033,529.00
<br />Interest on Investments
<br />00162910-6605 $3,096,816.00 $289,675.00 $3,381,991.00
<br />Inspection Fees
<br />00199110-9977 $1,593,200.00 $700,000. 00 $893,200.00
<br />COPS - Jail Interest
<br />00191960-9797 $0.00 $1,984,675.00 $1,989,675.00
<br />Contribution to Justice Center Construction Fund
<br />95097220-9821 $18,892,562.00 511,015,325 .00 $7,827,237.00
<br />Building and Renovations
<br />45097220-9797 $3,736,253.00 $11,015,325.00 $14,751,578.00
<br />Cont. to Justice Center
<br />39262130-6902 $9,589,601.00 $1,989,675.00 $6,569,276.00
<br />Cont. from General Fund
<br />34262130-6921 $3,775,335.00 $11,015,325.00 $19,790,660.00
<br />Cont. from Capital Reserve Fun d
<br />34262130-9620- $0.00 $13,000,000.00 $13,000,000.00
<br />0602
<br />Building Improvements GMP#3 - Pre-cast
<br />Amendment # 2 to the Contract for Construction Manager at Risk for the
<br />rnnatruction of the Cabarrus County Detention Center and Sheriff's
<br />at
<br />For informational purposes, Amendment #2 was distributed. Richard M.
<br />Koch, County Attorney, questioned the substantial completion date of August
<br />15, 2008. Kevin Gass, with Turner Construction, reported August 15 is an
<br />occupancy date. Mr. Koch stated Amendment #2 needs to be corrected. Also,
<br />Pam Dubois, Deputy County Manager, reported the GMP (Guaranteed Maximum
<br />Price) of $61,035,296.00 should be reduced by $13,000,000.00 based on the
<br />Board's approval of Amendment #3.
<br />Recess of Meeting
<br />With there being no further business to come before the Board, the
<br />meeting was adjourned at 9:00 p.m.
<br />Clerl to he Bo d
<br />
|