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Public Schools of Forth Carolina <br />Qualified School Construction Bonds Program (QSCB) <br />PROPOSED SPENDING PLAN AND PROJECT SCHEDULE <br />LEA Cabarrus County Schools <br />LEA Code 130 School Code 326 <br />School Northwest Cabarrus High School <br />Date 3 -16 -12 <br />DSP Property Number (if known) _ _ _ _ <br />Proposed Spending Plan <br />Administration cost /Bond issue costs (max 2 %) $ 0 <br />Design fees $ 0 <br />New construction cost $770,000 <br />Renovation cost $ 0 <br />Land cost $ 0 <br />Total project cost $ 770,000 <br />Amount of QSCB authority requested $770,000 <br />Other sources of funding and amounts for overall project NONE <br />(Note: Funds and reporting are NOT allowed to be comingled) <br />Grades 6 - 12 <br />To comply with the Federal QSCB requirements, we understand that a commitment in the form <br />of contracts for the work for 10 of the funds must be made withi 6m � t remainder <br />must be spent within 3 years after the issue of QSCB bonds. Sig' ed r ,',f F - <br />Provide a written explanation clearly showing the means by which the district intends to repay <br />the bond principal upon maturity. <br />Proposed Project Schedule <br />Date of design start Completed <br />Date of project start 211!2013 <br />Estimated completion date 4130/2013 <br />Attachment number 3 <br />G -3 Page 214 <br />