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CABARRUS COUNTY <br />BOARD OF • • <br />* <br />REGULAR MEETING <br />DECEMBER 17 2 0 12 <br />`�iri�JJ1 /J� <br />1 <br />AGENDA CATEGORY: <br />New Business <br />SUBJECT: <br />Finance - Qualified School Construction Bonds (QSCB) Reallocation Request <br />for Cabarrus County Schools $551,071 <br />BRIEF SUMMARY: <br />Cabarrus County Schools Finance staff are requesting QSCB reallocations <br />totaling $551,071 which are outlined on the enclosed memo and budget <br />amendment request. The Cabarrus County Board of Education has approved <br />the prioritization of reinstated postponed projects and has received the bids <br />for the Northwest Cabarrus High gym project. The enclosed budget <br />amendment will allow for the acceptance of bid alternates for the Northwest <br />High School Gym. The budget amendment will also reinstate the Coltrane <br />Webb kitchen hood replacement project, the Mt. Pleasant High Boiler project, <br />the Concord High weight room & vocational building project, and the <br />Northwest High practice fields project. The budget amendment will decrease <br />the chillers, controls and breaker panels and technology projects at several <br />schools as outlined on the enclosed Requested Budget Amendments <br />document. This request was presented to the Cabarrus County Board of <br />Education for final approval on December 3, 2012. <br />REQUESTED ACTION: <br />Motion to approve /disapprove the Cabarrus County School's QSCB <br />reallocations of various projects budgets totaling $551,071 contingent on <br />Cabarrus County Board of Education's approval on December 3, 2012. <br />EXPECTED LENGTH OF PRESENTATION: <br />5 Minutes <br />SUBMITTED BY: <br />G -2 Page 149 <br />