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<br />CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />AGENDA ITEM REQUEST <br /> <br />Meeting Date 12/20/04 <br /> <br />Agenda Item # ,= - I ~ <br /> <br />SUBJECT: <br />Cabarrus County Tourism Authority (CVB) $25,000 contribution of undesignated fund <br />balance to Cabarrus County Economic Development. <br /> <br />BRIEF SUMMARY: <br /> <br />The Tourism Authority (CVB) elected to contribute $25,000 of undesignated fund balance <br />to the Cabarrus County Economic Development Corporation. The Board approved the <br />appropriation at the October 27, 2004 meeting. The contribution resulted in the addition of <br />a seat on the EDC Board of Directors for the Tourism Authority. <br /> <br />REQUESTED ACTION: (Suggested motion if the Board approves the agenda item as presented) <br />Approval of budget amendment. <br /> <br />Attachments ~ Yes D No Expected Length of Presentation <br /> <br />Submitted By: Ann C. Sternal, Exe. Director, Tourism Auth. Date: 12/3/04 <br /> <br />Name / Job Title <br /> <br />Budget Amendment Required: ~ Yes D No <br />Budget Amendment Attached and Reviewed by Budget Officer: ~ Yes D No <br /> <br />County Manage"'s Recommendations/Comments: <br /> <br />Approval is recommended. <br /> <br />Manage"'s Signature <br /> <br /> <br />Action Taken: <br />Approved [] <br />Denied [ ] <br /> <br />Deferred [] <br />Other [ ] <br /> <br />F- ,~ <br />