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421 <br /> <br />(2) <br /> <br />(3) <br /> <br />RESOLVED further that the provisions of this resolution shall remain in <br />full force and effect until specifically rescinded or modified by <br />resolution of the Board of Directors of this corporation and a certified <br />copy of such resolution has been filed with Wachovia Bank, N.A. <br />Authorize Compensation Claims Solutions, insurance agent/consultant, to <br />pay claims from two respective banking accounts at First Charter National <br />Bank. One account is for workers' compensation claims and the other is <br />for general liability, property and automobile claims. Further authorize <br />that company to draw checks on those accounts to pay valid claims on <br />behalf of Cabarrus County. Internal control procedures to monitor and <br />fund these accounts only as necessary to pay valid claims have been <br />initiated. Request Board of Commissioners authorization per G.S. 159- <br />25(b). <br />Authorize Paine Webber Group Inc. as an additional broker to obtain quotes <br />for investment purposes. <br /> <br />Budget Amendment - Signage for Governmental Center <br /> <br /> UPON MOTION of Commissioner Barnhart, seconded by Commissioner Niblock and <br />unanimously carried, the Board approved the following budget amendment. <br /> <br />DEPARTMENT OF FINANCE <br />AMOUNT: $30,000 <br />TYPE OF ADJUSTMENT: Supplemental Request <br />PURPOSE OF REQUEST: Signage for Governmental Center <br /> <br /> Present Approved <br />Account No. Budget <br />01-9-19-10-660 243,700.00 <br />Contingency <br />01-9-19-52-503 40,465.00 <br /> Maintenance-Contingency <br /> <br />Increase Decrease <br /> <br />30,000.00 <br /> <br />Revised <br />Budget <br />213,700.00 <br /> <br />30,000.00 70,465.00 <br /> <br />Budget Amendment - Appropriate Funds.for the County Portion of Road Expense for <br />the Sysco Economic Development Incentive Project <br /> <br /> UPON MOTION of Commissioner Barnhart, seconded by Commissioner Niblock and <br />unanimously carried, the Board adopted the following budget amendment. <br /> <br />DEPARTMENT OF FINANCE <br />AMOUNT: $107,000 <br />TYPE OF ADJUSTMENT: Supplemental Request <br />PURPOSE OF REQUEST: Appropriate funds for Economic Development Incentives Sysco <br />--County portion of road expense. <br /> <br /> Present Approved <br />Account No. Budget <br />01-9o33-20-760 0.00 <br /> Sysco <br />01-6-17-10-901 5,932,168.95 <br /> Fund Balance Appropriated <br /> <br /> Revised <br />Increase Decrease Budget <br /> 107,000.00 107,000.00 <br /> <br />107,000.00 <br /> <br />6,039,168.95 <br /> <br />Budget Amendment - Final Settlement for Operation of the Cannon Memorial Library <br />for 1997 <br /> <br /> UPON MOTION of Commissioner Barnhart, seconded by Commissioner Niblock and <br />unanimously carried, the Board adopted the following budget amendment. <br /> <br />DEPARTMENT OF FINANCE <br />AMOUNT: $25,000 <br />TYPE OF ADJUSTMENT: Supplemental Request <br />PURPOSE OF REQUEST: Appropriate funds to pay final settlement of operating <br />Concord Library for 1997 <br /> <br /> Present Approved <br />Account No. Budget <br />01-9-19-10-651 30,000.00 <br />Ins. Service & Settlement <br />01-6-17-10-901 5,907,168.95 <br /> Fund Balance Appropriated <br /> <br />Increase Decrease <br /> <br />25,000.00 <br />25,000.00 <br /> <br />Revised <br />Budget <br /> 55,000.00 <br /> <br />5,932,168.95 <br /> <br /> <br />