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HomeMy WebLinkAboutC.054.93011_0785 (2)Be it Ordained by the Board of County Commissioners of Iredell County, North Carolina: Section I.This capital project fund financed the cost of planning, design, & renovations of the space to he leased to NCDENR located in the ICGC-South as follows: Section 2- Funds for this Capital Project Fund were provided from the following sources: Transfer from Capital Reserve Fund Sales Tax Refunds 12,001 12,001 FY 02-03 145,625 145,625 FY 03-04 1,053,375 1,053,375 FY 04-05 551,000 551,000 Section 3. This Capital Project is complete and the fund is being closed. Project Fund shall be transferred back to the Capital Reserve Fund. 12. Request for the Authorization to Purchase Approximately 82.5 Acres of Land that is Contiguous to the Solid Waste Facility from the Anna Guy Harmon Heirs Along with the Approval of Budget Amendment #60 for the Appropriation of Funds for the Acquisition: Solid Waste Director David Lambert advised during the briefing session that the heirs of adjacent property to the closed municipal solid waste landfill were willing to sell 82.5 acres of property for $585,000, Lambert said a budget amendment was needed to appropriate the funding from solid waste retained earnings for the purchase. Mr. Lambert said the property would be used for a construction and demolition landfill, and its expected life would be 22 to 25 years. 13. Request for Approval of the May 2005 Refunds and Releases: During the briefing session, County Manager Mashburn requested approval of the following refunds and releases. MAY 2005 TAX RELEASES & REFUNDS Amendment Releases Professional Services -Architect $142,462 (60) $142,402 Transfer to General Fund 5,000 15,000 20,000 Transfer to Capital Reserve Fund 0 27,794 27,794 General Construction 1,267,168 - 1,267,168 Asbestos Removal 25,720 (6) 25,714 Construction Costs -Other 0 Statesville Downtown 29.89 (includes demo) 309,650 (30,727) 278,923 Section 2- Funds for this Capital Project Fund were provided from the following sources: Transfer from Capital Reserve Fund Sales Tax Refunds 12,001 12,001 FY 02-03 145,625 145,625 FY 03-04 1,053,375 1,053,375 FY 04-05 551,000 551,000 Section 3. This Capital Project is complete and the fund is being closed. Project Fund shall be transferred back to the Capital Reserve Fund. 12. Request for the Authorization to Purchase Approximately 82.5 Acres of Land that is Contiguous to the Solid Waste Facility from the Anna Guy Harmon Heirs Along with the Approval of Budget Amendment #60 for the Appropriation of Funds for the Acquisition: Solid Waste Director David Lambert advised during the briefing session that the heirs of adjacent property to the closed municipal solid waste landfill were willing to sell 82.5 acres of property for $585,000, Lambert said a budget amendment was needed to appropriate the funding from solid waste retained earnings for the purchase. Mr. Lambert said the property would be used for a construction and demolition landfill, and its expected life would be 22 to 25 years. 13. Request for Approval of the May 2005 Refunds and Releases: During the briefing session, County Manager Mashburn requested approval of the following refunds and releases. MAY 2005 TAX RELEASES & REFUNDS Releases Refunds 15,313.47 3,865.68 -County Solid Waste Fees 128.00 0 East Alexander Co. Fire #1 1.33 0 Shepherd's Fire # 2 37.14 6.16 Mount Mourne Fire # 3 53.83 0 All County Fire # 4 2,255.44 7.10 Statesville City 954.44 0 Statesville Downtown 29.89 0 Mooresville Town 4,141.15 67.73 Mooresville Downtown 0 0 Mooresville School 1,060.95 19.05 Love Valley 0 0 Harmony 0 0 Troutman 54.13 0 Total S 24,029.77 $3,965.68 A complete list, of the individual tax releases and refunds, is hereby incorporated into the minutes by reference. 10