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<br /> <br />Finance Department <br /> <br />April 19, 2006 <br /> <br />To: Board of Commissioners <br /> <br />From: Pamela S. Dubois ~ <br /> <br />Subject: Contribution to the Law Enforcement Project dated 12/28/2004 <br /> <br />All funds for the Law Enforcement Project thus far have been obtained from the General <br />Fund or the Capital Reserve Fund. On 12/28/2004, a contribution from the General Fund <br />in the amount of $1,744,332 was approved for various costs on the project. The Board <br />minutes state the following: Request to Borrow Funds from the General Fund for the Law <br />Enforcement Center until COPS are issued in Late 2005 or Early 2006. A copy ofthe <br />minutes is attached for reference. We are requesting that the $1,744,322 not be <br />reimbursed at the time of debt issuance. This will aid in reducing the overall debt service <br />ofthe project. <br /> <br />F-Z4- <br /> <br />~~ <br />~ <br />NORTH CAR UNA <br /> <br />~ <br /> <br />Finance Department <br />PO. Box 707. Concord, NC 28026.0707.704.920-2104. www.cabarruscounty.us <br />