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DocuSign Envelope ID:8DE9B5E5-C69D-4B5B-8F91-9984D8F6E6CD 15
<br /> Section XIV. Capital Projects & Grants Fund
<br /> The County Capital Improvements Fund, Schools Capital Improvements Fund,
<br /> Proprietary Capital Funds, and the Grant Projects Fund are hereby authorized.
<br /> Appropriations made for the specific projects or grants in these funds are hereby
<br /> appropriated until the project or grant is complete.
<br /> The County Capital Projects Fund FY 2020-21 budget, with anticipated fund revenues of
<br /> $11,188,082 and project expenditures of $11,188,082 is hereby adopted in accordance
<br /> with G.S. 159 by Orange County for the fiscal year beginning July 1, 2019, and ending
<br /> June 30, 2020, and the same is adopted by project.
<br /> The School Capital Projects Fund FY 2019-20 budget, with anticipated fund revenues of
<br /> $21,387,313, and project expenditures of$21,387,313 is hereby adopted in accordance
<br /> with G.S. 159 by Orange County for the fiscal year beginning July 1, 2020, and ending
<br /> June 30, 2021, and the same is adopted by project.
<br /> The Proprietary Capital Funds FY 2020-21 budget, consisting of Water and Sewer
<br /> Utilities, Solid Waste, and Sportsplex, with anticipated fund revenues of $2,427,952, and
<br /> project expenditures of $2,427,952 is hereby adopted in accordance with G.S. 159 by
<br /> Orange County for the fiscal year beginning July 1, 2020, and ending June 30, 2021,
<br /> and the same is adopted by project.
<br /> The Solid Waste Renewal and Replacement Capital Fund FY 2020-21 budget, with
<br /> anticipated sources of income of $2,368,764, and anticipated expenditures of
<br /> $2,368,764 is hereby adopted in accordance with G.S. 159 by Orange County for the
<br /> fiscal year beginning July 1, 2020, and ending June 30, 2021.
<br /> The Sportsplex Renewal and Replacement Capital Fund FY 2020-21 budget, with
<br /> anticipated sources of income of $1,645,852, and anticipated expenditures of
<br /> $1,645,852 is hereby adopted in accordance with G.S. 159 by Orange County for the
<br /> fiscal year beginning July 1, 2020, and ending June 30, 2021.
<br /> The County Grant Projects Fund FY 2020-21 budget, with anticipated fund revenues of
<br /> $658,901, and project expenditures of $658,901, is hereby adopted in accordance with
<br /> G.S. 159 by Orange County for the fiscal year beginning July 1, 2020, and ending June
<br /> 30, 2021, and the same is adopted by project.
<br /> Any capital project or grant budget previously adopted, the balance of any anticipated,
<br /> but not yet received, revenues and any unexpended appropriations remaining on June
<br /> 30, 2020, shall be reauthorized in the FY 2020-21 budget.
<br /> Section XVI. Contractual Obligations
<br /> The County Manager is hereby authorized to execute contractual documents under the
<br /> following conditions:
<br /> 1. The Manager may execute contracts for construction or repair projects that do
<br /> not require formal competitive bid procedures, and which are within budgeted
<br /> departmental appropriations, for which the amount to be expended does not
<br /> exceed $250,000.
<br /> 2. The Manager may execute contracts for general and/or professional services
<br /> which are within budgeted departmental appropriations, for purchases of
<br /> apparatus supplies and materials or equipment which are within the budgeted
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