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. I <br /> <br /> P. O. BOX <br /> <br /> oFFic~ o~ THE M^VOe <br /> February 10, 1987 <br /> <br /> Mr. James W. Lentz, Chairman <br /> Cabarrus County Board of Commissioners <br /> P..O. Box 707 <br /> Concord, N. C. 28025 <br /> <br /> Dear Mr. Lentz: <br /> <br /> The final cost amounts for construction of the Rocky River <br /> Wastewater Treatment Plant and related interceptor lines have <br /> been compiled as of June 30, 1986 by our staff and an <br /> independent audit firm. As a result, information regarding the <br /> amount of the settlement due the City of Concord from Cabarrus <br /> County was presented to Blair Bennett several months ago. The <br /> amount due the City of Concord from Gabarrus County is <br /> $432,212.05. There has bean no activity on either the plant or <br /> the interceptor lines since that time except for receipt of a <br /> final EPA Grant which was incorporated into the computation of <br /> the receivable amount. All supporting documentation used in <br /> reaahing the settlement amount is available for your staff's <br /> examination by making arrangements with Cathy Combs, the Finance <br /> Director for the City of Concord. <br /> <br /> This has been a major project of long duration and we are all <br /> glad to'see its completion. We look forward to receiving <br /> settlement from Cabarrus County and closing out the financial <br /> records for this project. <br /> <br /> Sincerely, <br /> <br /> Bernie A. Edwards <br /> Mayor <br /> <br /> BAE/Jh <br /> <br /> <br />