Laserfiche WebLink
F.A. <br />CABARRUS COUNTY <br />BOARD OF COMMISSIONERt,REGULAR MEETINGNovember 19,20186:30 PM <br />AGENDA CATEGORY: <br />Consent Agenda <br />SUBJECT: <br />Finance - Update of Capital Reserve Fund Project Ordinance and Budget Amendment <br />BRIEF SUMMARY: <br />As part of an inter -local agreement, the City of Concord made a $3,000,000 contribution <br />towards the construction of the downtown parking deck A project ordinance and budget <br />amendment is required for the receipt of the funds which will be recorded in the Capital <br />Reserve Fund. <br />REQUESTED ACTION: <br />Motion to approve an update to the Capital Reserve Fund Project Ordinance and the related <br />budget amendment. <br />EXPECTED LENGTH OF PRESENTATION: <br />SUBMITTED BY: <br />Susan Fearrington, Finance Director <br />BUDGET AMENDMENT REQUIRED: <br />Yes <br />COUNTY MANAGER'S RECOMMENDATIONS/COMMENTS: <br />This item was approved by the Board for inclusion on the Agenda as a Consent item. <br />ATTACHMENTS: <br />Page 119 <br />