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L <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 />Finance -Kannapolis Public School Building Capital Fund Transfer <br />Request <br />BRIEF SUMMARY: <br />A transfer request is being made on behalf of the Kannapolis City Schools <br />to the Public Schools of North Carolina for the acquisition of technology <br />equipment for use in the school's classrooms. The transfer request is to <br />move $250,000 from the Kannapolis City Schools ADM Public School <br />Building Fund (current balance is $743,135) to the School Technology <br />Fund. No match is required and there are no new County funds being <br />requested. The $250,000 Technology transfer was approved by the <br />Kannapolis City Board of Education and the application was signed by the <br />Kannapolis City Schools Chair on January 12, 2009. <br />REQUESTED ACTION: <br /> <br /> <br /> <br />Motion to approve the Kannapolis Public School Building Capital Fund <br />Application for Technology and authorize the Cabarrus County Board of <br />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 />i] <br />COUNTY MANAGER'S RECOMMENDATIONS/COMMENTS: Item# 10 <br />This item was approved by the Board for inclusion on the Agenda as aPa9e sa of,ss <br />F-6 <br />