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CABARRUS COUNTY <br />REGULAR MEETING <br />1 <br />E TA cAo� l� JULY 2 0 9 20 <br />1 P .M. <br />AGENDA CATEGORY: <br />New Business <br />SUBJECT: <br />CCS - Purchase of Property for New Mount Pleasant Middle School <br />BRIEF SUMMARY: <br />Cabarrus County Schools (CCS) Board of Education is requesting <br />approval of funding for the purchase of 50 +/- acres (attached) of land <br />adjacent to Mt. Pleasant High School for the site relocation of Mount <br />Pleasant Middle School. The requested amount for the property purchase <br />is not to exceed $670,000 using Capital Reserve Funds. <br />If the purchase is approved, a transfer of $225,000 will be needed to <br />adapt the current site design. These funds will be transferred from within <br />the current project allotment of $2 million. <br />REQUESTED ACTION: <br />Motion to approve the resolution authorizing the acquisition of property for <br />Mount Pleasant Middle School and authorize the County Manager and <br />County Attorney to complete the purchase agreement for the property, <br />placing the land title in the County's name. <br />Motion to authorize the Finance Director to transfer funds from the capital <br />reserve fund to the appropriate capital projects fund for tracking purposes. <br />Motion to approve the transfer of funds from Furniture and Fixtures to <br />Architect as indicated in the related budget amendment. <br />EXPECTED LENGTH OF PRESENTATION: <br />5 Minutes <br />G -2 Page 147 <br />