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SC:HUUL PLHNNIN6 Fax:9198073558 <br />APPLICATION <br />ausuc scHo <br />NORTH CAROI <br />______.~ <br />~~uul~~~ <br />sus 2 ~ 200 ;i,, <br />.DING CAPITAL PUN <br />Hug 2l 'U( 15:08 N. UL <br />Approved: <br />®~?.fir <br />county: #800 -Rowan Conrad person: Will Crabtree <br />LEA: #132 -Kannapolis Gity Tide: Finance Director <br />Address: 100 Denver St., Kannapolis, NC 28083 Phone: 704-938-113'1 ~~ <br />project ride: 2007-08 Debt Service for School Construction <br />Location: Kann polls, NC <br />Type of Facility: A middle school and two elementary schools ___ <br />North Carolina General Statutes, Chapter 18C, provides that a portion of the proceeds of the North <br />Carolina Siafe Lottery Fund be transferred to @re Public Sdtod Bunding Capital Fund in acsordanc~ <br />with G.S. 1156646.2. Funkier, G:S. 115CS46Z (d) has l7een amended to's+dude the following: <br />(3) No county Shan have to provddee matching funds..: <br />(4) A county may use monies m this Fund to pay fOr school oons6ue4on projaels in logl sofiaol <br />administrative units and to retire indebtedness incurred for sdtool construction projects marred an or <br />after January 1, 2003. <br />(~ A murrty may not use monies in this Fund to pay far school technobgy needs. <br />As used in this section, "Public School Bulld'mgs' shall include onty facil'fies for individual aritools that <br />are used for instrudfonal and related purposes, and does not include central administration, <br />maintenance, orottterfae3i8~. <br />Short description of Construction Projeck Renovations at a middle school and two <br />elementary schools <br />Estnnated Costs: <br />Purchase of Land $ <br />Planning and Design Services __ <br />New Construction <br />Additions /Renovations ~r <br />Repair _____, <br />Debt Payment /Bond Payment <br />TOTAL <br />Estimated Project Beginning Date: JUIy ~, 2007 <br />2fi8.500.00 <br />~ 26$,500.00 <br />6eL Project completion Dad: June 30, 2008 <br />VVe, the undersigned, agree to submit a statement of state monies emended for this project within 60 <br />days fonowing completion of the projeeL <br />The County Commissioners and dte Board of Education do hereby jointy request approve{ of the above <br />project, and request release Of 3 104.034.62 from the Public Sdtool <br />Building Capital Fund (Lottery We certify that the project herein described is within the <br />oerante~ers,of.~.So115Cr,~46. .. t <br />=Chair, County <br />,[.~ <br />Board of Educator) F _ 1 <br />Fain Dale: Sept 1.2008 <br />(Date) <br />