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CABARRUS COUNTY <br /> 1792 <br /> BOARD OF COMMISSIONERS <br /> r REGULAR MEETING <br /> SEPTEMBER 18, 2017 <br /> 6:30 P.M. <br /> AGENDA CATEGORY: <br /> Consent Agenda <br /> SUBJECT: <br /> County Manager - Deferred Tax Fund Discussion <br /> BRIEF SUMMARY: <br /> The Board and staff discussed the Deferred Tax Fund at the July work <br /> session. Based on that discussion we have worked with an engineering <br /> firm and received a proposal for a study of improved/increased <br /> infrastructure at Lomax Farms. A group also met to discuss a method <br /> through which applications for use of the Deferred Tax Fund could be <br /> evaluated and presented to the Board of Commissioners for approval. <br /> Staff updated the Board at the September 5, 2017 Agenda work session. <br /> REQUESTED ACTION: <br /> Motion to approve the allocation of Deferred Tax funds for a feasibility <br /> study at the Lomax Incubator Farm property for infrastructure <br /> improvements, and approve the related budget amendment and updated <br /> project ordinance. <br /> EXPECTED LENGTH OF PRESENTATION: <br /> SUBMITTED BY: <br /> Jonathan B. Marshall, Deputy County Manager <br /> BUDGET AMENDMENT REQUIRED: <br /> Yes <br /> COUNTY MANAGER'S RECOMMENDATIONS/COMMENTS: <br /> F-1 Page 17 <br />