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Section III. <br />This ordinance and the budget documents shall be the basis of the financial plan for the <br />County of Cabarrus. <br />a. The Finance Director is hereby directed to maintain within the Capital Project Fund <br />sufficient detailed accounting records to satisfy the requirements of the law. <br />b. The Finance Director is directed to report, at the request of the Board, on the <br />financial status of each project element in Section I and on the total revenues <br />received or claimed. <br />c. Copies of this capital project ordinance shall be furnished to the Clerk to the <br />governing Board, and to the Finance Director for direction in carrying out this <br />project. <br />d. At the completion of a construction project, all unrestricted excess funds are <br />transferred to the Community Investment Fund and the portion of the Capital <br />Project associated with the project is closed. <br />Adopted this 21 st day of January 2025. <br />CABARRUS COUNTY BOARD OF COMMISSIONERS <br />BY: <br />ATTEST: <br />Clerk to the Board <br />Chris Measmer, Chairman <br />Page190 <br />