Laserfiche WebLink
Meeting Date 7/26/04 <br /> <br /> CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />AGENDA ITEM REQUEST <br /> <br />Agenda Item # <br /> <br />SUBJECT: <br />Approval of Resolution Authorizing the Filing of an Application with Local Govemment <br />Commission and the publication of Notice of Intent for $98 million in General Obligation <br />Bonds for Schools and Community College. <br /> <br />BRIEF SUMMARY: <br />On June 24, 2004, the Board of Commissioners approved the placement of $98 million of <br />General Obligation bonds to be placed on the November election ballot. The bonds would <br />provide financing for the needs of two public school districts and the community college. A <br />schedule of events for the GO Bonds has also been attached. <br /> <br />REQ U ESTE D ACTION: (Suggested motion if the Board approves the agenda item as presented) <br />Approve the attached resolution to initiate the process of financing for the public school <br />and community college needs. Call a special meeting on August 25, 2004 to hold a public <br />hearing; adopt the bond order; and pass a resolution to call for the bond referendum. <br /> <br />Attachments [] Yes [] No Expected Length of Presentation <br /> <br />Submitted By: Pamela S. Dubois, Deputy County Manager Date: 7/16/04 <br /> <br />Budget Amendment Required: [] 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 required for holding bond referendum. <br /> <br />Manager's Signature <br /> <br />Action Taken: <br />Approved [ ] Deferred [ ] <br />Denied [] Other [] <br /> <br /> <br />