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CABARRUS COUNTY <br />BOARD OF COUNTY COMMISSIONERS <br /> <br />Meeting Date: 9/20/99 Agenda Item # ~-" ~. <br /> <br />SUBJECT: Financing Support for the NorthEast Fire District Station Replacement <br /> <br />REQUESTED ACTION: Authorize the County Manager and County Attorney to negotiate a <br />financing agreement in the amount not to exceed $250, O00 for an interest free loan of l O years, with <br />monthly payments of $1, 400 collected quarterly and any remaining balance at the end of 10 years <br />to be repaid at that time. <br /> <br />-- Attachments x Yes No Expected Length of Presentation: <br /> <br /> Submitted by: Frank Clifton, County Manager Date: 9/3/99 <br /> <br /> Budget Amendment Required: Yes No <br />-- Budget Amendment Attached and Reviewed by Budget Officer: Yes ~No <br /> <br /> Budget Officer's Initials Date <br /> County Manager's Recommendations/Comments: <br /> <br />Manager's Initi~ <br /> <br />Action Taken: <br />Approved [ ] Deferred [ ] <br />Denied [ ] Other [ ] <br /> <br /> <br />