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CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />REGULAR MEETING <br />• P.M. <br />AGENDA CATEGORY: <br />Consent Agenda <br />SUBJECT: <br />County Manager - Revised Proposed Calendar - 2014 General Obligation <br />Bonds Referendum <br />BRIEF SUMMARY: <br />On March 17, 2014, the Board of Commissioners voted to allow <br />Kannapolis City Schools (KCS) to decide by May 31, 2014 whether they <br />want to remain on the bond referendum or want to withdraw their <br />resolution and be placed on short term financing in FY 2015. In order to <br />allow KCS enough time to make their decision, the bond schedule needs <br />to be revised as attached. This will move the Board's first introduction of <br />the bond order from May 19, 2014 to July 21, 2014. The revision of the <br />schedule will not prohibit the referendum from taking place in November <br />as planned. <br />REQUESTED ACTION: <br />Motion to adopt the revised bond schedule. <br />EXPECTED LENGTH OF PRESENTATION: <br />SUBMITTED BY: <br />Pamela S. Dubois, Deputy County Manager <br />BUDGET AMENDMENT REQUIRED: <br />No <br />COUNTY MANAGER'S RECOMMENDATIONS /COMMENTS: <br />This item was approved by the Board for inclusion on the Agenda as a <br />F -4 Page 86 <br />