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HomeMy WebLinkAboutC.054.93008_0702 (2)257 Be It Further Resolved that salaries paid according to this ordinance shall be at the same rate established in the County's 1983-84 budget. Adopted, this the 26th day of June, 1984. VOTING: Ayes - 5; Nays - 0. BUDGET AMENDMENTS: MOTION from Commissioner Mills to adopt the following budget amendments: N0. DEPARTMENT DATE OF AMOUNT TRANSACTION 16 Debt Service, Computer Payroll $ 2,877 N/A 17 County Commissioners 4,000 N/A 18 Recognize revenues and expenditures associated with paving participation N/A N/A VOTING: Ayes - 5; Nays - 0. BUDGET ORDINANCE FOR CAPITAL RESERVE FUND - 1984-85: MOTION from Commissioner --� Murdock to adopt the following Capital Reserve Fund Budget Ordinance for 1984-85: BUDGET ORDINANCE CAPITAL RESERVE FUND IREDELL COUNTY, NORTH CAROLINA Be It Ordained By The Board of County Commissioners of Iredell County, North Carolina: Section 1. There is hereby created a Capital Reserve Fund for the County of Iredell. Section 2. The purpose of this Capital Reserve Fund is to accumulate funds for the following purposes and in the approximate amounts: Land for future landfill site $200,000 Capital Equipment for landfill use 150,000 Lease, purchase or renovation of office buildings 400,000 ' 750 000 Section 3. Funds for this Capital Reserve Fund are to be derived from the following sources: 1983-84 General Fund $250,000 1984-85 General Fund $250,000 1985-86 General Fund $200,000 Interest on Investments 50,000 $750,000 Section 4. This Capital Reserve Fund shall be created as of June 26, 1984, and shall continue until June 30, 1986. Section 5. Withdrawals from this Capital Reserve Fund shall be authorized only by resolution or ordinance of the Board of County Commissioners of Iredell County. This Ordinance being duly adopted this the 26th day of June, 1984.