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CABARRUS COUNTY <br />BOARD OF • • <br />* <br />REGULAR MEETING <br />SEPTEMBER 17 20 <br />`�iri�JJ1 /J� <br />6: 30 P .M. <br />AGENDA CATEGORY: <br />New Business <br />SUBJECT: <br />Finance - Qualified School Construction Bonds (QSCB) Reallocation Request <br />for Kannapolis City Schools - $446,200 <br />BRIEF SUMMARY: <br />The Kannapolis City School Finance staff are requesting reallocations totaling <br />$446,200. Decreases are being requested for the following projects that came <br />in under budget or are being canceled: A L Brown Lighting ($257,900), Forest <br />Park HVAC ($69,800), Fred L Wilson HVAC ($43,500), AL Brown Parking Lot <br />($25,000), and Forest Park Parking Lot ($50,000). Increases due to bids <br />coming in over budget are being requested for the following projects: <br />Kannapolis Intermediate HVAC $213,675, A L Brown Chiller $1,225, <br />Woodrow Wilson HVAC $56,960, Jackson Park HVAC $80,100 and <br />Kannapolis Intermediate Roof $94,240. The Kannapolis City School Board <br />approved the changes on June 11, 2012. <br />REQUESTED ACTION: <br />Motion to approve /disapprove the QSCB reallocation various projects totaling <br />$446,200 for various Kannapolis City School projects. <br />EXPECTED LENGTH OF PRESENTATION: <br />SUBMITTED BY: <br />Will Crabtree, Director of Business Operations, Kannapolis City Schools <br />BUDGET AMENDMENT REQUIRED: <br />Yes <br />G -1 Page 218 <br />