Item:
Title
Approval of Capital Project Amendment No.25CPA00003 Closing Multiple Completed Capital Projects; Budget Ordinance Amendment No.25BCC00003 Reducing Several Capital Project Budgets to $0 and Transferring the Remaining Balance to the Debt Service Fund; and Budget Ordinance Amendment No.25BCC0004 Reducing the Sewer Utility Capital Project (7100SE62) to $0 and Transferring the Remaining Balance to the Sewer Utility Fund
Body
Date of BOCC Meeting: July 8, 2024
Request for Board Action:
Agenda Text
The Board is requested to approve Capital Project Amendment No.25CPA00003 officially closing multiple completed capital projects; Budget Ordinance Amendment No.25BCC00003 reducing several capital project budgets to $0 and transferring the remaining availability to the Debt Service Fund; and Budget Ordinance Amendment No.25BCC0004 reducing the Train 3 Rehab Capital Project (7100SE62) to $0 and transferring the balance to Sewer Utility Fund.
The following list of projects are ready to be closed. All funds for these projects were either entirely expended or transferred (through previous Board action) to other funds. All balances are zero dollars. The closing of these completed projects is a technical issue as completed/final capital projects cannot become a final asset (when County owned) and begin depreciation until they are officially closed by the Board.
Project Name and Number
Final Budget
Project Status
County Courthouse Elevator Repair Project (4190DC085)
$140,000.00
Closing
Sap S4 Hana Erp Upgrade (4200DC109)
$83,629.73
Closing
20 It Hardware Upgrade (4200DC120)
$2,129,699.00
Closing
Detention Center Security Modifications (4310DC088)
$234,455.35
Closing
Bull City United (47302635DC153)
$6,000,000.00
Closing
Shoppes Of Hope Valley (47302635DC154)
$11,992,235.46
Closing
Research Triangle Foundation Park Center (49901240ED001)
$20,000,000.00
Closing
Museum Exhibit Upgrades And Maintenance (61903100CD035)
$2,053,542.00
Closing
Museum Cl...
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