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CABARRUS COUNTY <br /> 1792 <br /> BOARD OF COMMISSIONERS <br /> REGULAR MEETING <br /> MAY 15, 2017 <br /> 6:30 P.M. <br /> AGENDA CATEGORY: <br /> New Business <br /> SUBJECT: <br /> Finance - Installment Financing Contract for Various School and County <br /> Projects - Public Hearing 6:30 P.M. <br /> BRIEF SUMMARY: <br /> Cabarrus County plans to enter into one or more short and/or long-term <br /> installment financing contracts with the Cabarrus County Development <br /> Corporation or one or more third parties, for an amount not to exceed <br /> $128,105,000, to finance all or a portion of the cost of constructing and <br /> equipping public school and county facilities and various real and personal <br /> property improvements. <br /> N.C.G.S. 160A-20 requires a public hearing on the described installment <br /> financing contracts for the projects described above. No further action is <br /> required at this time. <br /> REQUESTED ACTION: <br /> Hold a public hearing. <br /> EXPECTED LENGTH OF PRESENTATION: <br /> 5 Minutes <br /> SUBMITTED BY: <br /> Susan Fearrington, Finance Director <br /> BUDGET AMENDMENT REQUIRED: <br /> No <br /> G-4 Page 240 <br />