Laserfiche WebLink
565 <br /> <br />ITEMS REMOVED FROM THE CONSENT AOENDA FOR DISCUSSION <br /> <br />Budget Amendment - First Union Bank Building <br /> <br /> Commissioner Carpenter, an employee of First Union Bank, asked to be <br />excused from voting on the issue involving the First Union Bank Building. <br /> <br /> UPON MOTION of Commissioner Barnhart, seconded by Chairman Fennel and <br />unanimously carried, the Board excused Commissioner Carpenter from voting on <br />the issue concerning the First Union Bank Building. <br /> <br /> UPON MOTION of Chairman Fennel, seconded by Commissioner Barnhart with <br />Chairman Fennel and Commissioners Barnhart and Privette voting for and <br />Commissioner Carpenter abstaining, the Board adopted the following budget <br />amendment. <br /> <br />BUDGET REVISION/AMENDMENT REQUEST <br /> <br />DEPARTMENT OF Finance <br />AMOUNT: $105,024.00 <br />TYPE OF ADJUSTMENT: Supplemental Request <br />PURPOSE OF REQUEST: Appropriate anticipated revenues & expenditures for the <br />First Union National Bank Building for the remainder of FY 2001 (8 months). <br /> <br /> Present Approved <br />Account No. Budget Increase <br />00191950-9411-0443 $ 0.00 $ 1,200 00 <br /> First Union Bank Building - Heat <br />00191950-9412-0443 $ 0 00 $ 30,000 00 <br />First Union Bank Building - Lights & Power <br />00191952-9445-0443 $ 0 00 $ 8,000 00 <br />First Union Bank Building - Purchased Services <br />00191952-9570-0443 $ 0 00 $ 2,000 00 <br />First Union Bank Building - Service Contracts <br />00191920-9820-0443 $550,000 00 $ 7,000 00 <br />First Union.Bank Building - Purchase/Renovation <br />00161950-6612-0443A $ 0 00 $ 70,016 00 <br /> First Union National Bank - Rent Revenue <br />00161950-6612-0443B $ 0 00 $ 35,008 00 <br /> First Union National Bank - Utilities Revenue <br />00161710-6901 $14,495,961 74 <br /> Fund Balance Appropriated <br /> <br /> Revised <br /> Decrease Budget <br /> $ 1,200.00 <br /> <br />$ 30,000.00 <br />$ 8,000.00 <br />$ 2,000.00 <br />$557,000.00 <br />$ 70,016.00 <br />$ 35,008.00 <br />$ 56,824.00 $14,439,137.74 <br /> <br />Budget Amendment - Land Acquisition Hotel/Conference Center <br /> <br /> Mr. Clifton explained the proposed budget amendment was to fund the <br />joint purchase by the County and the City of Concord of land adjacent to the <br />proposed hotel/conference center project site. <br /> <br /> UPON MOTION of Chairman Fennel, seconded by Commissioner Privette and <br />unanimously carried, the Board adopted the following budget amendment. <br /> <br />BUDGET REVISION/AMENDMENT REQUEST <br /> <br />DEPARTMENT OF Finance <br />AMOUNT: $724,050.00 <br />TYPE OF ADJUSTMENT: Supplemental Request <br />PURPOSE OF REQUEST: To appropriate the County funding in the purchase of <br />17.688 acres located adjacent to the hotel/conference center project site. <br />The County is to provide one-half of the total purchase price of <br />$1,448,100.00 (a joint venture with the City of Concord). <br /> <br /> Present Approved <br />Account No. Budqet Increase <br />00161710-6901 $14,439,137.74 $724,050.00 <br /> Fund Balance Appropriated <br />00191920-9801-0450 $ 0.00 $724,050,00 <br /> Land Acquisition Hotel/Conference Center <br /> <br />Decrease <br /> <br /> Revised <br />Budget <br />$15,163,187.74 <br /> <br />$724,050.00 <br /> <br />Budget Amendments (4) - County Portion of Exl0enses Related to Funding the <br />Three New Schools <br /> <br /> Ms. Pam Dubois, Assistant Finance Director, reviewed the four budget <br />amendments allocating the appropriate funding for the County portion of <br />expenses related to funding the three new schools. <br /> <br /> <br />