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CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />AGENDA ITEM REQUEST <br />Meeting Date 1 /22/06 Agenda Item # <br />~~ <br />SUBJECT: <br />North Carolina Education Lottery Application for Cabarrus County Schools <br />BRIEF SUMMARY: <br />An application will be submitted to the Public School Building Capital Fund of North <br />Carolina for expenditures related to the construction of the Carl A. Furr Elementary School <br />($2,616,114) and another application for the construction of the Charles E. Boger <br />Elementary School ($1,022,490). The applications total amount ($3,638,604) is budgeted <br />to be received from the lottery for Cabarrus County Schools during the fiscal year 2007. <br />This request was considered and approved by the Cabarrus County School Board on <br />1-08-07. No additional County funds are being requested. <br />REQUESTED ACTION: (Suggested motion if the Board approves the agenda item as presented) <br />Authorize the Chair to sign the two applications to release the $3,638,604 from the North <br />Carolina Education Lottery Fund. <br />Attachments ^X Yes ^ No Expected Length of Presentation <br />Submitted By: Susan B. Fearrington/Asst. Finance Director Date: 12/20/06 <br />Name /Job Title <br />Budget Amendment Required: ^ Yes ^X No <br />Budget Amendment Attached and Reviewed by Budget Officer: ^ Yes ^X No <br />County Manager's Recommendations/Comments: <br />Approval is recommended. <br />Action Taken: <br />Approved [ ] Deferred [ ] <br />Denied [ ] Other [ ] <br /> <br />