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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 Royal Oaks Elementary School <br /> BRIEF SUMMARY: <br /> Cabarrus County Schools (CCS) has submitted a $472,250 request for <br /> the Royal Oaks Elementary School to fund start-up expenses <br /> ($207,250), remaining construction by owner expenses ($50,000), <br /> remaining engineering ($55,000), and a change order for the Arts Magnet <br /> program ($160,000). The $472,250 is requested to be funded from the <br /> Capital Reserve Fund. <br /> REQUESTED ACTION: <br /> Motion to approve the $472,250 funding request for Royal Oaks <br /> Elementary School and authorize the Finance Director to prepare the <br /> appropriate budget revision and 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 /> COUNTY MANAGER'S RECOMMENDATIONS/COMMENTS: <br /> This item was approved by the Board for inclusion on the Agenda as a <br /> F-2 Page 54 <br />