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<br /> <br />December 20, 2004 (Regular Meeting) <br /> <br />Page <br /> <br />38 <br /> <br />43. Tovinhouses <br /> <br />Zones permitting based On standards: <br />Agricultural/open, cbuntryside residential, low density residential, <br />medium density residential, high density residential/mixed use, <br />office/limited commercial. <br /> <br />Standards: <br /> <br />a) DevelOpment standards. In the Agricultural/Open, Countryside <br />Residential, High Density Residential, Medium Density <br />Residential and Low Density Residential zones, townhouses may be <br />permitted if their design is generated through the Customized <br />Development Standards (See Chapter Five) . <br /> <br />Adopted this the 20th day of December, 2004 by the Cabarrus County Board of <br />Commissioners. <br /> <br />/s/ Carolyn B. Carpenter <br />Carolyn B. Carpenter, Chairman <br />Board of Commissioners <br /> <br />ATTEST: <br />/s/ Frankie F. Bonds <br />Frankie F. Bonds, Clerk to the Board <br /> <br />(G-3) Fiscal ~ear 2004 COmP~ehehsive Annual Firi~ricial Report <br /> <br />susan Feartington, Assistant Finance Director, presented the <br />Comprehensive Annual Financial Report for the year ended June 2004. She <br />highlighted the following financial data: the ad valorem taxes account for <br />54.62 percent of total revenues; three percent sales tax increase; $177 <br />million in outstanding debt as of June 30; and at June 30, 2004 Undesignated <br />Fund Balance as a percentage of expenditures was 14.21 percent. <br /> <br />Pam Dubois, Deputy Coun.ty Manager and Finance Director, discussed the <br />County's year end fund balance. She reported the year end financial report <br />was not as bad as previously projected due to approximately $5.6 million in <br />expenditure reduction savings produced by County departments. Ms. Dubois <br />stated the current unreserved fund balance compared to amended FY 2005 <br />budgeted expenditures is now 18.10 percent. However, she pointed out the <br />percentage of unreserved fund balance changes throughout the year due to <br />amendments to the budget. Finally, she reported there was 110 change in the <br />County's bond rating at this time. <br /> <br />The Board accepted the 2004 Comprehensive Annual Financial Report as <br />presented. <br /> <br />(G-4) Desi . ,,,iHon .. of Votin Dele ate to <br />conunissioners Le islative Goals 'Conference <br />~ <br /> <br />the. N.C. Association of <br />in Hi h point on Janua <br /> <br /> <br />UPON MOtION of Vice Chairman Carruth, seconded by Commissioner Freeman <br />and unanimously carried, the Board appointed Commissioner Privette as voting <br />delegate and Commissioner Juba as alternate voting delegate to the N. C. <br />Association of . County Commissioners Legislative Goals Conference on January <br />13-14, 2005. <br /> <br />(H) APPOINTMENTS' to BOARDS AND COMMITtEES <br /> <br />(H-l) Cabarrus County Tourism Authority <br /> <br />The terms of appointment for Sharon Campbell (Seat 7 - At-large), Diane <br />Honeycutt (Seat 8 _ Tourism Authority) and John Cox (Seat 9 - Chamber of <br />Commerce) end on December 31. The Tourism Authority submitted the following <br />names for Seat 8: Diane Honeycutt, John Mills and Kim Wray. The Cabarrus <br />Regional Chamber of Commerce submitted the following names for Seat 9: John <br />Cox, John Mills and Kim Wray. <br /> <br />UPON MOTiON of Commissioner Privette, seconded by Commissioner Freeman <br />and unanimously carried, the Board reappointed Sharon Campbell (Seat 7 - At- <br />large), Diane Honeycutt (Seat 8 - Tourism Authority) and John Cox (Seat 9 - <br />Cabarrus Regional Chamber of Commerce) for a term of three years effective <br />January 1, 2005 through December 31, 2007. <br /> <br />(H-2) Department of Aging Advisory Board <br />