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CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />AGENDA ITEM REQUEST <br /> <br />Meeting Date 7/28/03 <br /> <br />Agenda Item # '~ <br /> <br />SUBJECT: <br />Discussion of the Proposed Convention Center with the Concord City Council. <br /> <br />BRIEF SUMMARY: <br />The Concord City Council requests that the Board of Commissioners allocate <br />approximately $700,000 to $800,000 annually from occupancy tax proceeds to the City of <br />Concord to pay 1/2 the debt service on a convention center. The convention center would <br />be operated by John Q. Hammons Corporation and attached to an Embassy Suites Hotel <br />built by Hammons. <br /> <br />REQUESTED ACTION: (Suggested motion if the Board approves the agenda item as presented) <br /> <br />Attachments I-~ Yes [] No Expected Length of Presentation <br />Submitted By: Robert M. Freeman, Chairman, BOC Date: 7/28/03 <br /> <br />Budget Amendment Required: I--] Yes [~ No <br />Budget Amendment Attached and Reviewed by Budget Officer: <br /> <br />[] Yes [] No <br /> <br />County Manager's Recommendations/Comments: <br /> <br />None. <br /> <br />Action Taken: <br />Approved [ ] Deferred <br /> Other <br />Denied [] <br /> <br />Manager's Signature <br /> <br />[] <br /> <br />[] <br /> <br /> <br />