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<br />CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />AGENDA ITEM REQUEST <br /> <br />Meeting Date 12/19/05 <br /> <br />Agenda Item # <br /> <br />G-4 <br /> <br />SUBJECT: <br />Public School Building Capital Fund <br /> <br />BRIEF SUMMARY: <br /> <br />The Kannapolis City School Board has requested the transfer of $336,000 from the <br />Kannapolis City School ADM Public School Building Fund (current balance is $631,983) to <br />the Disbursing Fund to pay for renovations to the A.L. Brown Auditorium. A match of <br />$932,161 is being provided by local bond money, local grant, and 1/2 cent sales tax funds. <br />No new County funds are being requested. <br /> <br />REQUESTED ACTION: (SUfI{IeSted motion If the Board afJPl'Oves the agenda Item as pTeSeI1ted) <br /> <br />Approve the attached budget amendment and authorize the Chair to sign the request to <br />release $336,000 from the Public School Building Capital Fund. <br /> <br />Attachments ~ Yes 0 No Expected Length of Presentation 2 minutes <br /> <br />Submitted By: Susan B. Fearringtonl Asst. Finance Director Date: 11/17/05 <br />Name I Job Title <br /> <br />Budget Amendment Required: ~ Yes 0 No <br />Budget Amendment Attached and Reviewed by Budget Officer: 0 Yes 0 No <br /> <br />County Manager's Recommendations/Comments: <br /> <br />Approval is recommended. <br /> <br />Manager's Signature <br /> <br /> <br />!1 <br /> <br />Action Taken: <br />Approved [] <br />Denied [ ] <br /> <br />Deferred [] <br />other [ ] <br /> <br />0-4 <br />