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August 20, 2018 (Regular Meeting) <br />Section III. <br />Page 3663 <br />where G.S. 153 A-298)6), 259, 999 and any similar statutes <br />require such contracts. <br />10. The County Manager may reject formal bids when deemed <br />appropriate and in the best interest of Cabarrus County pursuant <br />to G.S. 193-129(a). <br />11. The County Manager may reduce revenue projections consistent <br />with prevailing economic conditions, and also reduce <br />expenditures correspondingly. <br />This ordinance and the budget documents shall be the basis of the <br />financial plan for the County of Cabarrus. <br />a. The Finance Director is hereby directed to maintain within the <br />Capital Project Fund sufficient detailed accounting records to <br />satisfy the requirements of the law. <br />b. The Finance Director is directed to report, at the request of <br />the Board, on the financial status of each project element in <br />Section I and on the total revenues received or claimed. <br />c. Copies of this capital project ordinance shall be furnished to <br />the Clerk to the governing Board, and to the Finance Director <br />for direction in carrying out this project. <br />d. At the completion of a construction project, all unrestricted <br />excess funds are transferred to the General Fund and the <br />portion of the Capital Project associated with the project is <br />closed. <br />Adopted this 20th Day of August, 2018. <br />CABARRUS COUNTY BOARD OF COMMISSIONERS <br />BY: /s/ Stephen M. Morris <br />Stephen M. Morris, Chairman <br />ATTEST: <br />/s/ Lauren Linker <br />Clerk to the Board <br />(F-8) County Manager - Approval of Additional Capital Improvement Projects <br />Identified After the Budget Process <br />After the budget process was completed, a further look at the Capital <br />Improvement Projects resulted in the need to fund the Frank Liske Park <br />Playground Replacement at $100,000, planning and programming of the Emergency <br />Medical Services Headquarters at $50,000 and funding for furniture and equipment <br />purchases for the new Midland Library Branch at $75,000. After reviewing the <br />Capital Reserve Fund Balance, these projects were identified as a priority to <br />begin implementation in FY 19. <br />UPON MOTION of Commissioner Kiger, seconded by Vice Chairman Honeycutt <br />and unanimously carried, the Board approved the additional Capital Improvement <br />Projects and authorized the Budget and Performance Manager to prepare the <br />related budget amendment and project ordinances. <br />vam: aaamu •m m m,poom <br />mpc nma: sm. re..a�Em�.lvmp,.e gzmah mepfvl vwmm.�c nmm, m�mutum ewo rme w <br />;]R¢erml TranfhrYRM1'n OemlMmt <br />T. rOm.enwPanmmurFinas p swmmemL aaquest <br />v TM1's BudOa Rmvamem mora mnM Imn M9 Gpim1 RawefvW m the Cnntom[ion artl Reramtien FUM maC ap 3rtv opital unprmemert <br />jem fw FY]A $1W,QOfer FnnM li9ke hM1 PlrypaunE fleplxenen4 E�A.WOIw EM1E MaJpu+mrs aM $>SOeI br menew MCMC lihnry BnnA. <br />Fue m6tamt <br />OdarmeM ogmt/ <br />meet <br />rtNaim <br />IWPmwa <br />mom <br />0.. <br />mvtee mCM <br />• 9 <br />11309mC <br />M[Tm OplY hoyRim] <br />YF9f.9n.m <br />3m.m1m Od}90}99.W <br />♦ 9 <br />ISDH@1 <br />FiQniBPm eV gaymutl Pf>t <br />900}q]M ),a99.3m30 <br />H®SIq pL <br />Mt9fimn grtticmwNM <br />fmonm mofm t0 <br />3♦OW40.aGt <br />mWOmen161Yn-R➢Mypoual Pl <br />100,fm Al <br />am 9 <br />rzmmm <br />omn mCyRtl vrP�.n rma <br />®}9e,w.m <br />m,mp.m 99pz0}C9}0 <br />efo p <br />rzAFpIII <br />NdnER MmO-f1A hYl9rMa <br />iJA.]OI.m <br />I.Px. x}•9}0)10 <br />