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92 <br /> <br />DRAFT <br /> <br /> The Board of Commissioners for the County of Cabarrus met in recessed <br />regular session in the Commissioners' Meeting Room at the Cabarrus County <br />Governmental Center in Concord, North Carolina at 6:30 P.M. on Monday, <br />November 30, 1998. <br /> <br />Present - Chair: Sue B. Casper <br /> Vice-Chair: Carolyn B. Carpenter <br /> Commissioners: Jeffrey L. Barnhart <br /> Dr. Franklin C. Niblock, Jr. <br />Absent - Commissioner: Kenneth Mills <br /> <br /> Also present were Mr. Frank W. Clifton, Jr., County Manager; Mr. <br />Fletcher L. Hartsell, Jr., County Attorney; and Mrs. Frankie F. Bonds, Clerk <br />to the Board. <br /> <br /> Chairman Casper called the meeting to order at 6:38 p.m. Commissioner <br />Carpenter was absent for the beginning of the meetiag. <br /> <br />Additions to the A~enda <br /> <br /> UPON MOTION of Commissioner Niblock, seconded by Chairman Casper with <br />Commissioner Niblock and Chairman Casper voting for and Commissioner Barnhart <br />voting against, the Board moved to reconsider the com~nercial/retail incentive <br />agreements for the Interstate Combined Ventures/Zamias Services and Fourth <br />Quarter Properties IV, Inc. projects. The Board had deferred consideration <br />of these agreements at its meeting on November 16, 1998. <br /> <br /> Commissioner Carpenter arrived and was present for the remainder of the <br />meeting. <br /> <br /> UPON MOTION of Commissioner Barnhart, seconded by Commissioner Niblock <br />and unanimously carried, the Board agreed to add the following items to the <br />Agenda: {1) Approval of "Consent to Assignment and Estoppel Agreement" <br />concerning Concord Mills; (2) Letter of Support for the Department of Social <br />Services' Proposed Project to Administer Individual Development Accounts <br />(IDAs); and (3) Closed Session to Consult with Attorneys Regarding Pending <br />Litigation Concerning Philip Morris as Authorized by N. C. General Statute <br />143-318.11(a) (3) . <br /> <br />Appointment - Tourism Authority (Seat Number <br /> <br /> The Board received letters from Dr. Stephen Foster, Chairman of the <br />Board of the Cabarrus Regional Chamber of Commerce, and Mr. Steven M. Propst, <br />Chairman of the Cabarrus County Tourism Authority, stating the support o~ <br />their respective boards for the reappointment of Ms. Dottie Richards (Seat 5) <br />to the Cabarrus County Tourism Authority. <br /> <br /> UPON MOTION of Commissioner Barnhart, seconded by Commissioner <br />Carpenter and unanimously carried, the Board reappointed Ms. Dottie Richards <br />(Seat Number 5) to the Cabarrus County Tourism Authority for a term ending <br />December 31, 2000. <br /> <br />"Consent to Assignment end EstoPPel A~reement" for Concord Mills <br /> <br />UPON MOTION of Commissioner Barnhart, seconded by Commissioner <br />Carpenter and unanimously carried, the Board approved the "Consent to <br />Assignment and Estoppel Agreement" relative to the assignment by Concord <br />Mills Limited Partnership of the rights to the incentive grant agreement to <br />NationsBank and authorized the Chair to sign the Agreement on behalf of <br />Cabarrus County. <br /> <br />Department of Social Services - Proposed Pro4ect to Administer Individual <br />Development Accounts (IDAs) <br /> <br /> The Board received the written request from Mr. James Polk of the <br />Department of Social Services for support of the Department's application to <br />administer funds for Individual Development Accounts (IDAs). According to <br />Mr. Polk's memorandum, an IDA is a restricted savings account that is used <br />for a specific purpose, such as education, investment in a business, or home <br />ownership. For qualified individuals, Mr. Polk indicated that State funds <br />would be used to match the savings amount by a 2:1 ratio. <br /> <br /> There was brief discussion regarding the proposal, the purpose of the <br />IDAs and the lack of information regarding the proposed program. <br /> <br /> <br />