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CABARRUS COUNTY <br />A <br />w r; BOARD OF COMMISSIONERS <br />REGULAR <br />Q r cAR� 'r yl MA RCH 1 <br />i �'rf�JJJJI II <br />1 <br />AGENDA CATEGORY: <br />Consent Agenda <br />SUBJECT: <br />Finance - KCS Agency Agreement - Kannapolis Middle School <br />BRIEF SUMMARY: <br />The attached Kannapolis City Schools (KCS) Agency Agreement, among <br />other items, allows the County to appoint the Board of Education as its <br />agent in connection with the construction and equipping of the new <br />Kannapolis Middle School. <br />The Board of Education shall cause the Kannapolis Middle School project <br />to be completed in accordance with the respective construction <br />documents and any applicable requirements of governmental authorities <br />and law. The County and the Board of Education agree that all amounts <br />received as refunds of State Sales Tax, with respect to expenditures <br />made in connection with the project, will be deposited as funds available <br />for the acquisition and construction of the project. <br />The Agency Agreement has already been reviewed and approved by the <br />County Attorney. <br />REQUESTED ACTION: <br />Motion to approve the Kannapolis City Schools Agency Agreement for the <br />Kannapolis Middle School project, subject to review and revision by the <br />County Attorney. <br />EXPECTED LENGTH OF PRESENTATION: <br />SUBMITTED BY: <br />F -4 Page 58 <br />