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CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />AGENDA ITEM REQUEST <br />Meeting Date 1/22/08 Agenda Item # ~ ~~ <br />SUBJECT: <br />Finance Department -Budget Amendment (Completion of Certificates of Participation <br />Series 2003 $48,423,969) <br />BRIEF SUMMARY: <br />The following budget amendment is for the completion of Certificates of Participation <br />Series 2003. The attached budget request is done for the formality of closing the fund in <br />our financial software. The purpose of the Certificates of Participation Series 2003 was to <br />construct the Pitts Elementary, Bethel Elementary and Kannapolis Middle School and to <br />renovate portions of Shady Brook Elementary, Fred L. Wilson Elementary and A. L. Brown <br />High School. <br />REQUESTED ACTION: (Suggested motion if the Board approves the agenda item as presented) <br />Motion to adopt budget amendment. <br />Attachments ^X Yes ^ No Expected Length of Presentation <br />Submitted By: Susan Fearrington, Asst. Finance Director Date: 12/4/07 <br />Name /Job Title <br />Budget Amendment Required: ^ Yes ^X No <br />Budget Amendment Attached and Reviewed by Budget Officer: ^ Yes ^ No <br />County Manager's Recommendations/Comments: <br />This item was approved by the Board for inclusion on the Agenda as a Consent item. <br />Approval is recommended. <br />Action Taken: <br />Approved [ ] Deferred [ ] <br />Denied [ ] Other [ ] <br />rJ~~ <br />