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CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />REGULAR MEETING <br />1� <br />p TBcA�a 11i AUGUST 2 0 , 20 <br />��fiiffJfl /�� <br />1 P .M. <br />AGENDA CATEGORY: <br />Consent Agenda <br />SUBJECT: <br />Finance - Qualified School Construction Bonds (QSCB) Reallocation Request <br />for Central Cabarrus High School - $42,343 <br />BRIEF SUMMARY: <br />The Cabarrus County School Finance staff are requesting a reallocation of <br />$42,343 at Central Cabarrus High School. QSCB funds of $42,343 will be <br />reallocated from the Coltrane Webb Elementary School Magnet School <br />Program Remodeling project to the Central Cabarrus High School Window <br />Replacement project. Per the School staff, the Coltrane Webb Elementary <br />School project is complete and came in under budget and funds are needed <br />at Central Cabarrus High School for unanticipated asbestos abatement for the <br />window replacement project. The reallocation request will be presented to <br />Board of Education for formal approval on August 6, 2012. <br />REQUESTED ACTION: <br />Motion to approve the reallocation of $42,343 from the QSCB Coltrane Webb <br />Elementary School Magnet School Program Remodeling project to the <br />Central Cabarrus High School Window Replacement project <br />EXPECTED LENGTH OF PRESENTATION: <br />SUBMITTED BY: <br />Len Witke, Executive Director, Facilities Management Department, Cabarrus <br />County Schools <br />BUDGET AMENDMENT REQUIRED: <br />Yes <br />F -4 Page 103 <br />