Laserfiche WebLink
<br />' CABARRUS COUNTY <br />,~ <br />'~, BOARD OF COMMISSIONERS <br />REGULAR MEETING <br />' FEBRUARY 16, 2009 <br />6:30 P.M. <br /> <br />AGENDA CATEGORY: <br />New Business <br />' SUBJECT: <br />Finance -Public Hearing -Installment Financing Contracts (G.S. 160A-20) <br />' for Acquiring Real property, Constructing and Equipping New Public <br />School Facilities and Expanding and Renovating Existing Public School <br />Facilities and Various Real and Personal Priority Improvements Not to <br />' Exceed $130,000,000 - 6:30 p.m. <br />' BRIEF SUMMARY: <br />Cabarrus County plans to enter into one or more long-term installment <br />financing contracts with the Cabarrus County Development Corporation, <br />' not to exceed $130 million, to finance all or a portion of the cost of <br />acquiring real property, construction, renovating and equipping public <br />t school facilities and various real and personal property improvements. <br />REQUESTED ACTION: <br />' Hold a public hearing as required by G.S. 160A-20 on installment <br />financing contracts for the project described above. No further action by <br />the Board is required at this time. <br />EXPECTED LENGTH OF PRESENTATION: <br />' 1 Minute <br />' SUBMITTED BY: <br />Pamela S. Dubois, Deputy County Manager/Finance Director <br />t BUDGET AMENDMENT REQUIRED: <br />No <br />' COUNTY MANAGER'S RECOMMENDATIONS/COMMENTS: Item# 16 <br />' This item was approved by the Board for inclusion on the Agenda as aPase» or,ss <br />G-2 <br />