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CABARRUS COUNTY <br />BOARD OF COUNTY COMMISSIONERS <br /> <br />Meeting Date 2/5/96 <br /> <br />Agenda Item <br /> <br />SUBJECT: Request by the Cabam~ County Board of Education and the Kannapolis City <br />Board of Education for the Board of Commissioners to Call for a School Bond Referendum on <br />May 7, 1996 <br /> <br />Resolutions have been received from the Cabarrus County Board of Education and the <br />Kannapolis City Board of Education requesting the Board to call for a school bond referendum <br />on May 7, 1996. Requested amounts are as follows: Cabarrus County Schools - Up to <br />approximately $41,150,000; KannapoIis City School- Up to approximately $7,838,000. <br /> <br />REQUESTED ACTION: Adopt "Resolution Approving the Filing of an Application with the <br />Local Government Commission, Authorizing Publication of a Notice of Intent to File Said <br />Application and finding the Need for Projects to be Financed by the Issuance by the County of <br />Cabarrus, North Carolina of General Obligation Bonds Consisting of $49,000,000 School <br />Bonds". <br /> <br />Attachments x Yes No <br /> <br />Expected Length of Presentation <br /> <br />Has this been reviewed by the Budget Director? Yes <br />If yes, Budget Director's Recommendations/Comments: <br /> <br />No x Not Required <br /> <br />Budget Director <br /> <br />Approved ~ Budget Amendment Necessary .__ If so, Attached__ <br /> <br />Signature Date Department Head <br /> <br />County Manager's Recommendations/Comments: <br /> <br />Ready for Clerk to Place on Agenda <br /> <br />Mgr's Initials <br /> <br /> <br />