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To: <br /> <br />From: <br /> <br />Date: <br /> <br />Subject <br /> <br />Memorandum <br /> <br />Blair Bennett, Cabarrus Co. Finance Director <br />Cathie Straub, Cabarrus Co. Budget Officer <br /> <br />Tom Dillard, Library Director <br /> <br />March 3, 1999 <br /> <br />Budget Amendment for the appropriation of Cannon Trust <br />funds for the Concord Branch of the Cabarrus County <br />Public Library <br /> <br />Please be advised that all remaining funds granted by the Charles <br />A. Cannon Charitable Trusts One & Two to the City of Concord for <br />the purpose of purchasing library materials were recently trans- <br />ferred to Cabarrus County. The amount transferred was <br />$35,062.00. These grants were made in March, 1998 and were to be <br />used in FY99. As specified in the grant document, these funds <br />can be used only for the purchase of library materials and only <br />after other funds appropriated by the grantee for the purchase of <br />Library materials have been exhausted. The current Concord <br />Library materials budget(other operational cost 98240355)is <br />essentially expended. <br /> <br />Attached is a budget amendment requesting the amendment of the <br />FY99 Concord Library Budget to include those Cannon Trust Grant <br />Funds. I request that this matter be considered by the Board of <br />County Commissioners at their March 15, 1999 meeting. <br /> <br />Copy to: John Day <br /> <br /> <br />