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June 18, 2018 (Regular Meeting) <br />(F-9) Finance - Kannapolis City School Paving Request <br />Page 3596 <br />The FY19 Capital Improvement Projects include a $1,000,000 request from <br />Kannapolis City Schools for paving at A. L. Brown High School. The Capital <br />Reserve Fund has $1,005,086 in unused contingency from the completed Mt. <br />Pleasant Middle School Project. Management has discussed the possibility of <br />using $500,000 of this balance to help fund 1/2 of the paving request at A. L. <br />Brown High School and the remaining $505,086 for a future Cabarrus County School <br />project need. <br />UPON MOTION of Commissioner Shue, seconded by Vice Chairman Honeycutt and <br />unanimously carried, the Board approved the use of $500,000 in Capital Reserve <br />Funds for 1/2 of the paving request at A. L. Brown High School and approved the <br />associated budget amendment and project ordinances. <br />oxe:6/3t/non Is Wooto.00 <br />hear. ifeee: Soon Fea,nnemn mrwwed by Sane cnenevl o.wrtmnn: Fin.nre-3w YJad eontru[Wn iuoe <br />mlemalmn9vyfinFDepanmem Rome, emween oea.nments/Funds wagemenolgeeueu <br />This budget amendment moves unused mntimeenq Funds In the amount of $500,000.00 from the Mt. Pleasant Mltltlle Yhaal Contingency !o a new <br />projent for Al grown in the M4 school Construction Fund. <br />oepammem7 obieer/ <br />FUM Intlblor fokn Muum Name <br />Apprwtl <br />liddgat Imcate Mount <br />oemeae. <br />geNred Budget <br />450 9 72269X8 CmMbulbnto Gpul ProlMFu d <br />6;319.9$9]0 SWpnAO <br />- nAll959.10 <br />4°A 9 7331-Fi CmWgeor-MPMS <br />L005.I116.W <br />5(s.000.00 505.086."0 <br />361 6 7401 ConulWtbn from Capital Reserve <br />- SWACOW <br />SW.OW.W <br />364 9 740`? g30 Otherlmidamemere, <br />- 5"0.00040 <br />5040"0."0 <br />Ordinance No. 2018-25 <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 <br />Capital Reserve Contribution <br />Capital Projects Fund Contribution <br />TOTAL REVENUES <br />C. The following appropriations are made as listed. <br />Site Evaluations -Multiple Schools <br />Kannapolis Intermediate Renovations -Carver Elem <br />CBTC Campus Renovations, Safety, Security <br />CBTC A/C Units Replacement Phase II <br />Concord Middle School Roof <br />Harrisburg Elementary School Roof <br />Cox Elementary Sewer Relocation <br />Patriots Elementary Mobile Units <br />RCCC - HVAC Replacement <br />AL Brown - Other Improvements <br />J.N. Fries Middle School Other Improvements <br />$145,309 <br />4,328,030 <br />299,612 <br />$9,717,951 <br />30,000 <br />1,620,025 <br />189,075 <br />105,000 <br />968,853 <br />685,531 <br />25,000 <br />122,100 <br />100,000 <br />500,000 <br />300,000 <br />