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18 <br /> the Board of County Commissioners in the current year budget . This section does not <br /> apply to projects in which the Board must approve and award a bid . <br /> d . Contracts executed by the Manager shall be pre- audited by the Chief Financial Officer <br /> and reviewed by the County Attorney to ensure compliance in form and sufficiency with <br /> North Carolina law. <br /> e . The Manager may sign intergovernmental service agreements in amounts under <br /> $ 90 , 000 . <br /> f. The Manager may sign intergovernmental grant agreements regardless of amount as <br /> long as no expenditure of County matching funds , not previously budgeted and <br /> approved by the Board , is required . Subsequent budget amendments will be brought to <br /> the Board of County Commissioners for revenue generating grant agreements not <br /> requiring County matching funds as required for reporting and auditing purposes . <br /> g . Upon the Manager' s determination that certain property is surplus the Manager may <br /> dispose of County personal property consisting of one item or a group of similar items <br /> having a value of less than $ 30 , 000 . In disposing of the property the Manager may <br /> utilize any lawful method of disposal including and not limited to private or public sale , <br /> exchange , auction , etc . The Manager shall seek fair market value for the property . <br /> Consideration may consist of items and things other than currency . The Manager shall <br /> keep a record of all property sold under this section and that record shall generally <br /> describe the property sold or exchanged , to whom it was sold , or with whom exchanged , <br /> and the amount of money or other consideration received for each sale or exchange . <br /> h . The Manager is authorized to approve and execute leases of County property for a <br /> term not exceeding one year . Such leases of County property may not be extended <br /> beyond one year except by action of the Board of Commissioners . <br /> Section XVI . Micro - purchase Threshold <br /> a . In accordance with 2 C . F . R . § 200 . 320 ( a) ( 1 ) ( iv) and the applicable provisions of North <br /> Carolina law , the County hereby self- certifies the following micro- purchase thresholds , <br /> each of which is a " higher threshold consistent with State law" under 2 C . F . R . § <br /> 200 . 320 ( a ) ( 1 ) ( 1v) ( C) for the reasons set forth in the recitals to this resolution : <br /> 1 . $ 30 , 000 , for the purchase of " apparatus , supplies , materials , or equipment" ; <br /> and <br /> 2 . $ 30 , 000 , for the purchase of " construction or repair work" ; and <br /> 3 . $ 50 , 000 , for the purchase of services not subject to competitive .bidding under <br /> North Carolina law ; and <br /> 4 . $ 50 , 000 , for the purchase of services subject to the qualifications- based <br /> selection process in the Mini - Brooks Act ; provided that such threshold shall apply <br /> to a contract only if the County has exercised an exemption to the Mini - Brooks Act , <br /> in writing , for a particular project pursuant to G . S . 143-64 . 32 . If the exemption is <br /> not authorized , the micro - purchase threshold shall be $ 0 . <br /> b . The self- certification made herein shall be effective as of the date hereof and shall be <br /> applicable until June 30 , 2023 , but shall not be applicable to Federal financial assistance <br /> awards issued prior to November 12 , 2020 , including financial assistance awards issued <br /> prior to that date under the Co Aid , Relief, and Economic Support (CARES ) Act <br /> of 2020 ( Pub . L . 116- 136 ) . <br /> 12 <br />