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Meeting Date 3/15/04 <br /> <br /> CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />AGENDA ITEM REQUEST <br /> <br />Agenda Item # <br /> <br />SUBJECT: <br />Refunding of General Obligation Bonds Issued in 1997. <br /> <br />BRIEF SUMMARY: <br />Cabarrus County is in a position to refinance the 1997 Go Bonds to take advantage of <br />lower interest rates. These are the last GO Bonds to be refunded under the Bond order <br />which was approved on July 21, 2003. <br /> <br />REQUESTED ACTION: (Suggested motion if the Board approves the agenda item as presented) <br /> <br />Adopt attached sales resolution approving refunding of GO bonds for 1997. <br /> <br />Attachments [] Yes [] No Expected Length of Presentation <br /> <br />Submitted By: Pamela S. Dubois, Finance Director Date: 3/3/04 <br /> <br />Budget AmendmentRequired: [] Yes [] No <br /> <br />Budget Amendment Attached and Reviewed by Budget Officer: <br /> <br />[] Yes <br /> <br />[] No <br /> <br />County Manager's Recommendations/Comments: <br />Approval is recommended. <br /> <br />Action Taken: <br />Approved [ ] Deferred <br />Denied [ ] Other <br /> <br />Manager's Signature ~~, .,~~ ~ <br /> [] <br /> <br />[] <br /> <br /> <br />