HomeMy WebLinkAboutC.054.93009_0969Compensation Payments $ 191,375
Base Premium 84,125
TOTAL EXPENDITURES 275,500
This plan being duly passed and adopted on the _day of June,
1995.
15/ /G !!t v
airman
Clerk to he Board
VOTING: Ayes - 5; Nays - 0.
CAPITAL RESERVE FUND: MOTION from Commissioner Madison to
adopt the Capital Reserve Fund as follows:
CAPITAL RESERVE BUND
IREDELL COUNTY, NORTH CAROLINA
Be it Ordained by the Board of Commissioners of Iredell County,
North Carolina:
Section 1• This
samends County ooriginal
allCapital Reserve Fund created
for t
Section 2. The Capital Reserve Fund is established to accumulate
funds for the purchase of land, water and sewerline
construction, or renovation of buildings, purchase
furniture and equipment for newly constructed,
purchased or renovated facilities, renovation and
construction
thoseschool facilities, or annual items debt
heretofore mentioned.
service
Section 3. Funds will be provided by unexpended fund balance of
the rve Fund,
transfers
from the eneraltal Fund, and interest eoperating
The
operating transfers are subject to annus
appropriations by the Iredell County Board of
Commissioners. The 1995-96 appropriations are as
follows:
Operating transfer from General Fund $1,500,000
Reserve Fund
Section 4• sub
subject to approval by the Boardfrom this ofCapital are
Commissioners,
This ordinance being adopted this the
'Qday of June, 1995.
/e�ii
Cha rman
VOTING: Ayes - 5; Nays - 0•
SPECIAL REVENUE FUND PARES PROJECT: MOTION from
Commissioner Madison to approve the Special Revenue Fund for Parks
Project with and amendment made to delete the phrase stating that
9
31A 2 01995 143