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March 19, 2018 (Regular Meeting) Section III. Page 3493 8. The County Manager may award and execute contracts which are not required to be bid or which G.S. 143-131 allows to be let on informal bids so long as the annual budget or appropriate capital project ordinance contains sufficient appropriated but unencumbered funds for such purposes. 9. The County Manager may execute contracts with outside agencies to properly document budgeted appropriations to such agencies where G.S. 153 A -248(b), 259, 449 and any similar statutes require such contracts. 10. The County Manager may reject formal bids when deemed appropriate and in the best interest of Cabarrus County pursuant to G.S. 143- 129(a). 11. The County Manager may reduce revenue projections consistent with prevailing economic conditions, and also reduce expenditures correspondingly. This ordinance and the budget documents shall be the basis of the financial plan for the County of Cabarrus. a. The Finance Director is hereby directed to maintain within the Capital Project Fund sufficient detailed accounting records to satisfy the requirements of the law. b. The Finance Director is directed to report, at the request of the Board, on the financial status of each project element in Section I and on the total revenues received or claimed. c. Copies of this capital project ordinance shall be furnished to the Clerk to the governing Board, and to the Finance Director for direction in carrying out this project. d. At the completion of a construction project, all unrestricted excess funds are transferred to the General Fund and the portion of the Capital Project associated with the project is closed. Adopted this 19u" Day of March, 2018. CABARRUS COUNTY BOARD OF COfM7ISSIONERS BY: /s/ Stephen M. Morris Stephen M. Morris, Chairman ATTEST: /s/ Terri Lea Hugie Clerk to the Board (G-4) County Manager - Mount Pleasant Middle School Sale Offer Review Kyle Bilafer, Area Manager of Operations, reported Cabarrus County has received two offers for the sale of the old Mount Pleasant Middle School site located at 8325 NC -49 in Mount Pleasant, North Carolina. The parcel for sale is only the main parcel (20.27 acres), not the small parcel across North Drive that houses the small ball fields used by the youth associations. Mr. Bilafer stated staff recommends accepting the offer from Corporate Funding Associates, LLC, which would allow the upset bid process to begin. A discussion ensued. During discussion, Mr. Bilafer responded to questions from the Board. Mike Downs, County Manager, and Richard Koch, County Attorney, clarified that the acceptance of the offer would be a conditional acceptance without any obligation. Commissioner Kiger MOVED to conditionally accept the offer from Corporate Funding Associates, LLC for the old Mount Pleasant Middle School site located at 8325 NC -49 in Mount Pleasant, subject to the upset bid process. Commissioner Shue seconded the motion. Following a brief discussion, the MOTION unanimously carried. (G-5) County Manager - Resolution Supporting Legal Action Regarding the Opioid Crisis