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CABARRUS COUNTY <br /> 1792 <br /> BOARD OF COMMISSIONERS <br /> r ' <br /> REGULAR MEETING <br /> O <br /> FEBRUARY 20, 2017 <br /> 6:30 P.M. <br /> AGENDA CATEGORY: <br /> Consent Agenda <br /> SUBJECT: <br /> CCS - Funding Request for Contingency to Cover Start-Up Costs for the <br /> Mount Pleasant Middle School Project <br /> BRIEF SUMMARY: <br /> Cabarrus County Schools (CCS) has submitted a $71 ,164 funding request <br /> for the remaining portion of the start-up costs for the Mount Pleasant <br /> Middle School project. There is a shortfall in the currently approved <br /> funding for the start-up expenses. The $71 ,164 shortfall is requested to <br /> be funded from the Mount Pleasant Middle School contingency funds. <br /> The Mount Pleasant Middle School project has a $1 ,262,000 balance of <br /> contingency funds set aside in the County's Capital Reserve Fund. <br /> REQUESTED ACTION: <br /> Motion to approve the $71 ,164 start-up expense request for Mount <br /> Pleasant Middle School and authorize the Finance Director to prepare the <br /> appropriate budget revision and related Capital Project Ordinances. <br /> EXPECTED LENGTH OF PRESENTATION: <br /> SUBMITTED BY: <br /> Kelly Kluttz, Chief Financial Officer, Cabarrus County Schools <br /> Susan Fearrington, Finance Director <br /> BUDGET AMENDMENT REQUIRED: <br /> Yes <br /> F-1 Page 51 <br />