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CABARRUS COUNTY <br />BOARD OF • • <br />* <br />REGULAR <br />JUNE 2 0 2016 <br />1 <br />AGENDA CATEGORY: <br />Consent Agenda <br />SUBJECT: <br />Finance - Update School Construction Fund Project Ordinance and <br />Budget Amendment for Odell 3 -5 Elementary School Sewer Extension <br />Work <br />BRIEF SUMMARY: <br />The Cabarrus County Utility Capital Projects Fund has $14,980 to allocate <br />to the Odell 3 -5 Elementary School for sewer extension work. Per <br />discussions with Dave Burnett at Cabarrus County Schools, the school <br />will partner with the City of Kannapolis to install a gravity sewer line and <br />obtain the necessary easement at the Odell 3 -5 school site. <br />After the transfer from the Cabarrus County Utility Fund is made to the <br />School Construction Fund, the Utility Fund will be closed on June 30, <br />2016. The School Construction Project Ordinance is included for your <br />approval. The Utility Fund Project Ordinance does not need to be <br />updated. <br />REQUESTED ACTION: <br />Motion to approve the School Construction Project Ordinance and the <br />related Budget Amendment. <br />EXPECTED LENGTH OF PRESENTATION: <br />SUBMITTED BY: <br />Susan Fearrington, Finance Director <br />BUDGET AMENDMENT REQUIRED: <br />F -8 Page 177 <br />