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December 18, 2017 (Regular Meeting) Page 3390 <br />Ordinance No. 2017-70 <br />CABARRUS COUNTY SCHOOL CONSTRUCTION PROJECT <br />BUDGET ORDINANCE <br />BE IT ORDAINED by the Board of Commissioners of Cabarrus County, North <br />Carolina that, Pursuant to Section 13.2 of Chapter 159 of the General Statutes <br />of North Carolina, the following capital project ordinance is hereby adopted: <br />Section I. <br />A. The project authorized is for the construction and renovations of <br />Public Schools. Details of the projects are listed in section D. of <br />this Project Ordinance. <br />B. The officers of this unit are hereby directed to proceed with this <br />capital project within the terms of the Generally Accepted Accounting <br />Principles (GAAP) and the budget contained herein. <br />a. It is estimated that the following revenues will be available to <br />complete capital projects as listed. <br />General Fund Contribution $843,121 <br />Capital Reserve Contribution 3,528,030 <br />Capital Projects Fund Contribution 194,612 <br />TOTAL REVENUES $4,565,763 <br />C. The following appropriations are made as listed. <br />R. Brown McAlister School <br />$30,000 <br />Early College Site at RCCC <br />746,859 <br />Kannapolis Intermediate Renovations -Carver Elem <br />1,520,978 <br />CBTC Campus Renovations, Safety, Security <br />184,075 <br />CBTC A/C Units Replacement Phase II <br />105,000 <br />Concord Middle School Roof <br />968,853 <br />Harrisburg Elementary School Roof <br />685,531 <br />Cox Elementary Sewer Relocation <br />25,000 <br />Patriots Elementary Mobile Units <br />122,100 <br />RCCC - HVAC Replacement <br />100,000 <br />Available Other Improvements <br />77,367 <br />TOTAL EXPENDITURES <br />$4,565,763 <br />GRAND TOTAL - REVENUES <br />$4,565,763 <br />GRAND TOTAL - EXPENDITURES <br />$4,565,763 <br />Section II. <br />A. Special appropriations to non-profit organizations shall be <br />distributed after the execution of an agreement which ensures that <br />all County funds are used for statutorily permissible public <br />purposes. <br />S. The County Manager or designee is hereby authorized to transfer <br />appropriations within or between funds, or modify revenue and <br />expenditure projections as contained herein under the following <br />conditions: <br />1. The Manager may transfer amounts between objects of expenditure <br />and revenues within a function without limitation. <br />2. The County Manager may transfer amounts up to $500,000 between <br />functions of the same fund. <br />3. The County Manager may transfer amounts between contingency <br />funds which are set aside for a specific project for budgetary <br />shortfalls or upon the appropriate approval of a change order. <br />4. The County Manager is authorized to transfer funds from the <br />General Fund or Capital Reserve Fund to the appropriate fund for <br />projects approved within the Capital Improvement Plan for the <br />current fiscal year. <br />5. Upon notification of funding increases or decreases to existing <br />