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<br /> <br />February 25, 2005 <br /> <br />Cabarrus County Board of Commissioners <br />PO Box 707 <br />Concord, NC 28026-0707 <br /> <br />Dear Board of Commissioners: <br /> <br />At the Cabarrus County Tourism Authority Board meeting held February 23,2005 the Board of <br />Directors took the following action: <br /> <br />A motion was made by Roger Haas with a second by Diane Honeycutt to transfer $35,000 <br />from the existing fund balance to marketing to pay for the Lowe's Motor Speedway Dirt <br />Track sponsorship. Motion carried. Doug Stafford abstained from the vote. <br /> <br />Based on this action, therefore, J am requesting a budget amendment to transfer $35.000 from <br />our current fund balance to our marketing line item 531931109695. I have enclosed minutes from <br />the meeting for your review. <br /> <br />Regards, <br /> <br />Ann Sternal <br />Executive Director <br />Cabarrus County Convention & Visitors Bureau <br /> <br />F~ 10 <br />