Laserfiche WebLink
A motion was made by John Cox with a second by John Mills to transfer $71,785 <br />from the existing fund balance to the following line items for purchases approved <br />in the 06-07 budget but not completed by June 30, 2007: <br />Minor office equipment - $6700 <br />Vehicle Purchase - $45085 <br />Equipment and Furniture - $20,000 <br />Motion Carried <br />A motion was madeby John Cox with a second by John Mills to transfer $10,000 <br />from the existing fund balance to the Equipment and Furniture line item for the <br />construction of two offices added on to the original construction quote. Motion <br />carried. <br />A motion by Diane Honeycutt with a second by Terry Crawford to transfer $6000 <br />from the existing fund balance to the marketing line(sub account Great Race) <br />item for a Great Race expense that was approved in the 06-07 budget but not <br />invoiced until August of 2007. <br />A motion was made by John Cox with a second by Frank Lapsley table the <br />recommendation for the vacant board seat until the September meeting to give <br />the board members the opportunity to review the applications currently received. <br />Motion carried. <br />Management Report <br />DeSales Wagster presented the management report with the following highlights: <br />Sharon Campbell is the new VP of Sales and Marketing. <br />The line item on the'financials previously called grants is now listed as business <br />development to more accurately reflect the purpose of the expenditures. <br />The CVB has contracted with Paradigm Economics to provide a study on sports <br />facilities in Cabarrus County to help optimize the facilities to their best potential. <br />Possibilities for a visitor center at I-85, Exit 49 were discussed. <br />A motion to adjourn to closed session pursuant to NC 143-318.11.(5) was made <br />at 8:45am by Frank Lapsley with a second by Garrett Jenio. Motion carried. <br />The board reconvened to open session at 9:15am: <br />A motion was made by Frank Lapsley with a second by John Cox to form a <br />committee headed by Terry Crawford and Garrett Jenio to study future tourism <br />projects along the Speedway Blvd. corridor. Motion carried. <br />