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HomeMy WebLinkAboutC.054.93009_0093 (2)078 MOTION from Commissioner Stewart to approve the amended ordinance as follows: AMENDED SPECIAL REVENUE FUND Parks Fund Iredell County, North Carolina BE IT ORDAINED by the Board of Commissioners of Iredell County, North Carolina: Section 1. This amends the Special Revenue Fund for Recreation - Parks for the County of Iredell. Section 2. The Special Revenue Fund is established to accumulate funds for the purchase of land, the development of land, construction of parks, and purchase of equipment. Section 3. Funds will be provided by operating transfers from the General Fund, contributions, interest on investments, and all unspent funds from the Recreation Department's annual budget. The operating transfers are subject to annual appropriation by the Iredell County Board of Commissioners. Section 4. All projects funded from this Special Revenue Fund are subject to approval by the Board of Commissioners and will be accounted for in a Capital Project Fund. Section 5. The Special Revenue Fund is established for the five- year period beginning with the 1991-92 budget year. Section 6. it is estimated that the following revenues will be available for the Special revenue Fund for the period July 1, 1992 through June 30, 1993. Unexpended Recreation operating budget from 1991-1992 $ 88,500 Operating Transfer from General Fund 35,500 Interest on Investments 2,566 TOTAL REVENUES $126,566 Section 7. It is estimated that the amount reserved for the purchase of land, the development of land, construction of parks, and purchase of equipment will be as follows: Available for Appropriation 5126.566 This amended ordinance being adopted this the _day of VOTING: Ayes - 5; Nays - 0. ANNOUNCEMENT OF VACANCIES OCCURRING ON BOARDS AND COMMISSIONS NONE AND COMMUNITY CARE BLOCK GRANT ADVISORY CONNITTEEt Two vacancies have occurred on this board. This will be on the 5/18/93 agenda for appointment. AFFOINTMENTS TO BOARDS AND CONMISSIONS CENTRALINA COUNCIL OF GOVERNMENTS EMERGENCY MEDICAL SERVICES