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Public Schools of North Carolina <br />Qualifed School Construction Bonds Program (QSCB) <br />PROPOSED SPENDING PLAN AND PROJECT SCHEDULE <br />LEA Cabarrus County Schools Date July 30, zoo9 <br />LEA Code i 3 o School Code s ? ? DSP Property Number (if known} _ _ _ <br />School Northwest Cabarrus Middle School Grades 6-e <br />Pro osed Spendin,~Plan <br />Administration cost/Bond issue costs (max 2%) $ <br />Design fees $, <br />New construction cost $ <br />Renovation cost $ 442, zoo <br />Land cost $ <br />Total project cast $ 44z, zoo <br />Amount of QSCB authority requested $ 44z, zoo <br />Other sources of funding and amounts for overall project $ <br />(Note: Funds and reporting are NOT allowed to be comingled) <br />To comply with the Federal QSCB requirements, we understand that a commitment in the form <br />of contracts for the work for 10% of the funds must be made within ~: ~montl 'a ~ ' he remf finder " <br />must be s ent within 3 ears after the issue of SCB bonds. Si ne 'T" '"' ~~`~ / ~~~F•k.-= <br />P Y Q g llt ter. 1; <br />Provide a written explanation clearly showing the means by which t e district intends to repay <br />the bond principal upon maturity. <br />Proposed Project Schedule <br />Date of design start n/a <br />Date of project start <br />November 2009 <br />Estimated completion date <br />June 2010 <br />l <br />Attachmentnumber1 <br />Page 141 of 315 <br />F-7 <br />