Laserfiche WebLink
<br />CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />AGENDA ITEM REQUEST <br /> <br />Agenda Item # G" 4- <br /> <br />Meeting Date 1/24/05 <br /> <br />SUBJECT: <br />Resolution Providing for the Issuance of $50,000,000 School Bonds, Series, 2005 <br /> <br />BRIEF SUMMARY: <br /> <br />On November 2 voters approved General Obligation Bond referenda for Public Schools. <br />The first series of school bonds are slated for sale on February 22, 2005. The next step in <br />the process to issue the bonds is for the Board of Commissioners to adopt the attached <br />resolution . This resolution has been provided for you in draft format for your review. The <br />final format will be provided the night of the board meeting. <br /> <br />Also attached is a memo on how the $50 million issuance amount was determined. <br /> <br />REQUESTED ACTION: (Suggested motion if the Board approves the agenda item as presented) <br />Adopt the Resolution. The County will then proceed with the Issuance of the Bonds on or <br />around February 22,2005. <br /> <br />Attachments ~ Yes 0 No Expected Length of Presentation <br /> <br />Submitted By: Pamela S. Dubois, Deputy County Manager Date: 1/10/05 <br /> <br />Name / Job Title <br /> <br />Budget Amendment Required: 0 Yes ~ No <br />Budget Amendment Attached and Reviewed by Budget Officer: 0 Yes ~ No <br /> <br />County Manager's Recommendations/Comments: <br /> <br />Approval is recommended. <br /> <br />Manager's Signature <br /> <br /> <br />Action Taken: <br />Approved [] <br />Denied [ ] <br /> <br />Deferred [] <br />Other [ ] <br /> <br />G-if-- <br />