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ADDITION <br />CABARRUS COUNTY <br />/ 1792 <br />BOARD OF • • <br />REGULAR MEETING <br />August 17, 2015 <br />AGENDA CATEGORY: <br />New Business <br />SUBJECT: <br />CCS — Funding for Royal Oaks Replacement School Land Purchases <br />BRIEF SUMMARY: <br />In order to proceed with the Royal Oaks Elementary School Replacement <br />Project, the Cabarrus County Schools (CCS) needs funding for the <br />purchase of additional parcels and possible future easements in the <br />amount of $258,250 as indicated in the attached memo. Along with this <br />request, engineering funds are needed in the amount of $177,500. These <br />funds will be used for geotechnical and traffic impact analysis for the <br />project. The requested funds total $435,750 and are available in the <br />Capital Reserve Fund. <br />REQUESTED ACTION: <br />Motion to approve land purchases for the Royal Oaks Elementary School <br />Replacement Project and authorize the Finance Director to prepare the <br />appropriate budget amendment and project ordinances. <br />EXPECTED LENGTH OF PRESENTATION: <br />10 Minutes <br />G -6 Page 522 <br />