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AG 2010 09 20
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AG 2010 09 20
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Last modified
11/15/2011 8:25:30 AM
Creation date
11/27/2017 11:23:20 AM
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Template:
Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
9/20/2010
Board
Board of Commissioners
Meeting Type
Regular
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W inecoff Elementary — Switches $ 125,000 <br />Beverly Hills Elementary — Kitchen Hood $ 50,000 <br />Coltrane Webb Elementary — Kitchen Hood $ 50,000 <br />R. Brown McAllister Elementary — Kitchen Hood $ 50,000 <br />Mt. Pleasant Middle — Kitchen Hood $ 50,000 <br />Various — Breaker Panel $ 375,846 <br />Total $ 11,102,857 <br />The allocation is from North Carolina's 2009 and 2010 federal allocation; therefore, bonds representing the full <br />amount of the allocation must be issued no later than December 31, 2010. Ten percent of the bond proceeds must be <br />committed, by contract, with a third party within 6 months after date of bond issue. One hundred percent of the <br />proceeds must be spent within 3 years after date of bond issue. <br />Local officials will be responsible for determining whether the purposes for which QSCBs are issued conform to <br />state law regarding indebtedness. Further, local officials will ensure that the expenditure of bond proceeds are <br />consistent with federal and state regulations regarding QSCBs and with State Board of Education QSCB guidelines, <br />which can be found at www.schoolclearinghouse.org. Written notification must be provided to School Planning, <br />Division of School Support, within 15 days of bond issuance. Questions may be directed to Mary Spradling at (919) <br />807 -3556 or MSpradling@dpi.state.nems. <br />Best wishes for every success. <br />BJM/ms <br />cc: Mr. Steve Taynton, School Planning <br />Mr. Roger Ballard, School Planning <br />Ms. Dianne Kelly, Local Government Commission <br />A� number 1 <br />G -4 <br />
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