AG 2013 12 16 - Laserfiche WebLink

Home Browse Search

November 4, 2013 (Work Session) As of September 2013, the QSCB fund has earned $12,298.00 in interest. Interest can only be spent on the defined projects listed to the state in the initial application, per bond counsel. Last month, the balance of Kannapolis City Schools funds was approved for the purchase of a generator for Kannapolis Intermediate School (EIS). The balance of the funds needed for the purchase was provided by the County's fund balance in the amount of $38,138.00. A request is being made to allocate the interest e arnin gs to the EIS generator purchase and to reduce the County's fund balance contribution, respectively. Interest will continue to be earned until all the funds are expended. A final adjustment between fund balance appropriated and interest earnings will need to be made at the close of the fund. M County Mang - Resolution Supporting an Abandcrnent frxn the NCDOT Maintenance Systsn Jonathan Marshall, Deputy County Manager, presented information relating to a request for a resolution supporting an abandonment from. the NCDOT Maintenance System: The North Carolina Department of Transportation (NCDOT), Division 10, has requested a resolution from the Board of Commissioners supporting the abandonment of a road segment from the NCDOT secondary road maintenance system. Part of the parking lot of the former Bethel Elementary School was included on the maintenance program and it is no longer eligible since it is not operated as a public school. The current property owner has been contacted but has not provided any input. ., - Jonathan Marshall, Deputy County Manager, reviewed the following information relating to a resolution transferring ownership of Weddington Communications Tower: Cabarrus County used grant funds to construct a communications tower on property owned by the City of Concord off of Weddington Road. That tower is part of the joint use comamcations system, but is maintained as an asset by the City of Concord. The resolution approves the transfer of the tower's ownership over to the City of Concord. Jonathan Marshall, Deputy County Marshall, provided a brief update on the Raging Ridge Road Extension and Bridge Project. He advised the project was delayed in the past due to funding; however there is currently a draft agreement outlining funding sources. He requested the Board authorize a petition for voluntary annexation of two project - related parcels into the Town of Harrisburg, allowing the Town of Harrisburg to assume responsibility for the road and property maintenance. He further advised while the County owns the majority of the property for this project, the County will be responsible for acquiring a right -of -way for a portion on Stallings Road. A brief discussion ensued. During discussion Mr. Marshall and Pam Dubois, Deputy County Manager, responded to questions from. the Board. Jonathan Marshall, Deputy County Manager, presented the following information regarding emergency hydrants for Northeast Volunteer Fire rlrr,aT+Tn 1\TM -