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660 Concord Parkway North <br />PO Box 388 <br />Concord, NC 28026.0388 <br /> <br />County Schools <br /> <br />704.786.6191 <br />704.786.614 i fax <br />704.375.0596 Charlotte <br /> <br />From: <br /> <br />Date: <br /> <br />Subject: <br /> <br />Memo To: Frank Clifton <br /> Harold Winkler~,-'.~ <br /> 3/20/00 <br /> <br /> Capital Funding <br /> <br /> As you are aware, the 1999-2000 county appropriation for capital <br />outlay was reduced by the County Commissioners to a level of over $1 <br />million less than the previous years. At the joint budget meeting last year, <br />we were told by the Commissioners to request additional funding for a <br />capital reserve fund if cdtical capital needs arose dudng the year which <br />were not funded due to the decrease in funding. <br /> <br /> Therefore, please use this letter as a request for $175,000 ($207,000 <br />project cost minus $32,000 Y2K transfer) for emergency HVAC <br />replacement at Wolf Meadow Elementary. We have reallocated funds <br />designated for roof replacement to temporarily fund the project pending <br />response from you relative to our request. <br /> <br /> We will be glad to furnish any supporting documentation as deemed <br />appropriate by you and the Board of Commissioners. Your consideration of <br />our request is greatlyappreciated. <br /> <br />03/20100(MS Word)corres.lcap.out budget \ ksw <br /> <br />An Equal <br />Opportunity Employer <br /> <br /> <br />