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CABARRUS COUNT <br />BOARD OF COMMISSIOI <br />REGULAR MEETING <br />AUGUST 17, 2009 <br />6 :30 P. M. <br />AGENDA CATEGORY: <br />Consent Agenda <br />SUBJECT: <br />Commerce -Water and Sewer Fee Fund Interest -Adoption of Project <br />Ordinance & Budget Amendment - ($73,983) <br />BRIEF SUMMARY: <br />Cabarrus County collected the Northwest Water and Sewer Fee as a part of a <br />grant project for a number of years. In an agreement with Concord, Cabarrus <br />County was required to expend those funds. Cabarrus County entered into <br />an agreement with Concord to provide water service to the Moss <br />Drive community and sewer improvements in the Poplar Trails area. These <br />funds collected interest that must be reallocated in order to expend. A memo <br />is attached proposing a plan for expending the funds. <br />REQUESTED ACTION: <br />Motion to adopt project ordinance and budget amendment. <br />EXPECTED LENGTH OF PRESENTATION: <br />SUBMITTED BY: <br />Kelly Sifford, AICP <br />Community Development Manager <br />BUDGET AMENDMENT REQUIRED: <br />Yes <br />COUNTY MANAGER'S RECOMMENDATIONS/COMMENTS: <br />This item was approved by the Board for inclusion on the Agenda as a <br />Consent item. Approval is recommended. <br />Page 105 of 315 <br />F-2 <br />