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CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />AGENDA ITEM REQUEST <br />Meeting Date 5/21/07 Agenda Item # F_ <br />SUBJECT: <br />Refund of Excise Stamp as Requested by Attorney Albert M. Benshoff for the City of <br />Concord <br />BRIEF SUMMARY: <br />The City of Concord was the grantor (seller) on a deed filed on November 9, 2006 on <br />which excise stamps of $2,350 were paid. Per GS 105-228.28, municipal governments are <br />exempt from paying excise tax. Attorney Albert M. Benshoff has requested, per GS <br />105-228.37, the refund of the total amount of excise stamps. <br />REQUESTED ACTION: (Suggested motion tf the Board approves the agenda ttem as presented) <br />In compliance with GS 105-228.37, authorize a refund to the City of Concord in the amount <br />of $2,350. <br />Attachments ^X Yes ^ No Expected Length of Presentation <br />Submitted By: Linda McAbee, Register of Deeds Date: 5/19/07 <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 />rm~ <br />