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<br />CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />AGENDA ITEM REQUEST <br /> <br />Meeting Date 11/20/06 <br /> <br />Agenda Item # <br /> <br />r--'l <br /> <br />SUBJECT: <br />Completion of Certificates of Participation Series 2002 Cabarrus Arena and Events Center <br />Capital Projects Fund <br /> <br />BRIEF SUMMARY: <br /> <br />The Certificates of Participation Series 2002 Cabarrus Arena and Events Center <br />construction has been completed. Board action to liquidate the balance in the fund <br />occurred on 5-15-06. The attached budget request is done for the formality of closing the <br />fund in our financial software and after the completion of the FY 06 audit. The portion of <br />the COPS Series 2002 financing for the Cabarrus County School Administration Building <br />and five auxiliary gym projects was closed on 8-15-05. <br /> <br />REQUESTED ACTION: (Suggested motion if the Board approves the agenda item as presented) <br /> <br />Approve the budget amendment request to close the Cabarrus Arena and Events Center <br />Capital Projects Fund. <br /> <br />Attachments ~ Yes D No Expected Length of Presentation 2 minutes <br />Submitted By: Susan Fearrington, Asst. Finance Director Date: 10/11/06 <br /> <br />Budget Amendment Required: ~ Yes 0 No <br /> <br />Budget Amendment Attached and Reviewed by Budget Officer: ~ Yes D No <br /> <br />County Manager's Recommendations/Comments: <br />Approval is recommended. <br /> <br />Manager's Signature <br /> <br /> <br />Approved <br />Denied <br /> <br />Action Taken: <br />[ ] <br />[ ] <br /> <br />Deferred [] <br />Other [ ] <br /> <br />t=-'l <br />