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December 15, 2003 Page 308 <br /> <br /> There was discussion regarding the establishment of a minimum level of <br />funding from private contributions. ~ir. Day advised the proposed amendment would <br />preclude the flexibility of using private funds, if needed, for any purpose other <br />than the marketing plan. <br /> <br /> Co~ssioner Carruth withdrew the motion, and Conm%lssloner Carpenter <br />withdrew the second. <br /> <br /> ~0TI(~ of Commissioner Carruth, seconded by Commissioner Carpenter and <br />unanimously carried, Board agreed to amend Paragraph 11 of the Agreement to state <br />that the funding raised from prlvate sources would be 100 percent of the approved <br />marketing plan with a minimum of $100,000.00 per year. <br /> <br /> Mr. Hartsell cited concerns wlth regard to the provision about default and <br />suggested that the Board adopt the revised agreement sub]ect to further legal <br />review. <br /> <br /> commissioner Carpenter withdrew her original motion to adopt the revised <br />agreement. Commissioner Carruth withdrew the second to the motion. <br /> <br /> UPON~OTI~ of Con~nissloner Carpenter, seconded by CommissIoner Carruth and <br />unanimously carried, the Board approved the revised Agreement (see above) as <br />submitted between Cabarrus County and Cabarrus Economic Development, Inc., and <br />including the approved amendment to Paragraph i1, sub3ect to revision by the <br />County Attorney of that portion of the Agreement describing default. <br /> <br /> (G) CONSEN~A~ENDA <br /> <br /> Commissioner Pr~vette asked that Item G-12 i(Cable TelevIsion Rate Review <br />Findings - Approval of Time Warner Cable's Proposed Basic Rate of $7.24 per <br />Month) be reproved from the Consent Agenda. <br /> <br />(G-l} Fin~n~ D~ar~nt - Bu~et~nt ~F~r~ Fo~e~ Sh~in~d NC <br />S~s~ Con~ol T~ <br /> <br /> ~I~ of Co~ssloner Privette, seconded by Co~ssloner Carruth and <br />unan~ously carried, the Board adopted the following budget ~en~ent <br />transferring the Federal Forfeiture Sharing and NC S~stance Control Tax to a <br />Special Revenue F~d. <br /> <br /> B~GET REVISION/~~ ~Q~ST <br /> <br />DEP~T~ OF Finance <br />~O~: $285,138.45 <br />TYPE OF ~S~: Transfer Between Departments/Funds <br />PUR~SE OF REQ~ST: To transfer June 30, 2003 balances to a new special revenue <br />fund to accost-for the Sheriff's receipts and expenditures associated with the <br />Federal Forfefture Sharing Funds and the NC S~stance Control tax funds. <br /> <br /> Present <br /> Account No. Approved Budget Increase Decrease Revlsed Budget <br />00192110 9836 $114,935.30 $114,935.30 $0.00 <br /> Federal Forfeiture Sharing <br />00192110 9838 $170,203.15 $170,203.15 $0.00 <br /> NC Substance Control Tax <br />00191960-9721 $0.00 $285,138.45 $285,138.45 <br /> Contribution to Special Revenue Fund <br /> <br />(G-2~ T~ ~f~d ~d ~leAse ~orts -- N~r 2003 <br /> <br /> ~I~ of Co~ssloner Prlvette, seconded by Co~ssioner Carruth ~d <br />unanimously carried, the Board approved the Nov~er 2003 Release-Ref~d report <br />as sub~tted by Brent Weisner, Tax A~nistrator, and granted authority to the <br />Tax Collector to process the refunds and releases. <br /> <br /> S~ry of Releases and Refunds for the Month of Nove~er 2003 <br /> <br />RELEASES FOR THE MONTH OF: NOVEMBER 03 <br /> <br />BREAKDOWN OF RELEJ~BS: <br />COUNTY <br />CITY OF CONCORD <br />CITY OF K]%NNAPOLIS <br />CITY OF LOCUST <br />CITY OF STANFIELD <br />TOWN OF HARRISBURG <br />TOWN OF MIDLAND <br />TOWN OF MT. PLEASANT <br />ALLEN F/D <br />COLD WATER F/D <br /> <br />$21,435.14 <br />$4,735.18 <br />$3,432.10 <br />$0.00 <br />$o.oo <br />$124.49 <br />$61.12 <br />$307.48 <br />$30.46 <br />$2.33 <br /> <br />$30,714.61 <br /> <br /> <br />