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Blank Page 1 of 1 <br /> <br />Susan Fearrington <br /> <br />From: <br /> <br />Sent: <br /> <br />To: <br /> <br />Cc: <br /> <br />Bill Kouri <br /> <br />Thursday, April 17, 2003 10:45 AM <br /> <br />Susan Fearrington <br /> <br />Dawn McHale; Ricky Parker; Cathie Straub <br /> <br />Subject: Corning <br /> <br />Hello Susan, <br /> <br />Corning's Grant will soon be due for the tax year 2002, fy 2003. As I showed you and Pam (on the budget <br />estimates document Blair and I discussed), per my direction, I recommended a budgeted amount of <br />$2,300,000 for the County 'portion of Corning's Grant. The amount offered in the budget of $2 M is <br />insufficient. Therefore, we need a budget amendment to be presented on the Consent Agenda at the next <br />BOC meeting. <br /> <br />If you refer to the attachment you will notice the County obligation will approach $ 2,436,334. The Midland <br />Fire obligation will approach $ 239,283. Therefore I would recommend $2,437,000 for County and $239,500 <br />for the fire. <br /> <br />You will notice on the spreadsheet, there is a pending discovery we need to negotiate w/Corning, and the <br />above amounts include consideration for the estimated discovery. Without the discovery, the County <br />obligation would approximate $2.15 M and the fire obligation would approximate $211K. <br /> <br />Let me or Rick know if you need any other information with respect to this issue. <br /> <br />Thanks, <br />Bill <br /> <br />Bill Kouri <br />Audit/Business Personal Property Manager <br />Phone: 704-920-2166 <br />Fax: 704-920-2111 <br /> <br />5/29/2003 <br /> <br /> <br />