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<br /> <br /> <br /> <br /> <br /> <br />CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />REGULAR MEETING <br />FEBRUARY 16, 2009 <br />6:30 P.M. <br />AGENDA CATEGORY: <br />Consent Agenda <br />SUBJECT: <br /> <br /> <br /> <br /> <br /> <br />Finance -Cabarrus County Public School Building Capital Fund Transfer <br />Request <br />BRIEF SUMMARY: <br />A transfer request is being made on behalf of the Cabarrus County <br />Schools to the Public Schools of North Carolina to acquire technology <br />equipment to update classrooms to 21st century technology in the school <br />system. The transfer request is to move $900,000 from the Cabarrus <br />County Schools ADM Public School Building Fund (current balance is <br />$3,252,148.80) to the School Technology Fund. No match is required and <br />there are no new County funds being requested. The $900,000 <br />Technology transfer was approved by the Cabarrus County Board of <br />Education and the application was signed by the Cabarrus County <br />Schools Chair on January 22, 2009. <br />' REQUESTED ACTION: <br />Motion to approve the Cabarrus County Public School Building Capital <br />' Fund Application for Technology and authorize the Cabarrus County <br />Board of Commissioners' Chair to sign the application. <br />' EXPECTED LENGTH OF PRESENTATION: <br />SUBMITTED BY: <br />Susan B. Fearrington, Assistant Finance Director <br />' BUDGET AMENDMENT REQUIRED: <br />' No <br />COUNTY MANAGER'S RECOMMENDATIONS/COMMENTS: <br />' F-4 <br />Item# 8 <br />Page 29 of 133 <br />