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CABARRUS COUNTY <br />BOARD OF COUNTY COMMISSIONERS <br /> <br />Meeting Date <br /> <br />Agenda Item <br /> <br />SUBJECT: Lease Financing for W~tside Elementary School <br /> <br />REQUESTED ACTION: <br /> <br />(1) Hold a public hearing regarding the bank bids and terms of the financing. <br />(2) Initiate a motion to accept the low bid from First Union National Bank and choose the <br /> terms. <br />(3) Authorize Chairman Barnhart to execute the finalized lease agreement upon closing of <br /> the loan. <br /> <br />Attachments X Yes No <br /> <br />Expected Length of Presentation.. 10 minutes <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 />Approved ~ Budget Amendment Necessary <br /> <br />If so, Attached~ <br /> <br />Signature Date <br />County Manager's Recommendations/Comments: <br /> <br />Ready for Clerk to Place on Agenda <br /> <br />Mgr's lnitial~~' <br /> <br /> <br />