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<br />I <br /> <br />"":;';SSCÔÜíV) <br />~.;<.'i" ,"" ~ <br />~'b4~~~ <br /> <br />:rJ), c~\~~? <br /> <br />CABARRUS COUNTY <br />PLANNING DEPARTMENT <br /> <br />Post Office Box 707 <br />CONCORD, NORTH CAROLINA 2802S <br /> <br />To: <br /> <br />James <br /> <br />I{. Lentz/ In terim County Manager <br />F. Owens/Planning Dir~ctor ~ <br />13,1987 <br /> <br />From: <br /> <br />James <br /> <br />Date: <br /> <br />April <br /> <br />Subject: <br /> <br />Proposed CD8G appl ication for Fishertmm <br /> <br />This memo is in response to the first public hearing the County had in <br />regards for a CDßG application. Attached are the proposed costs and a <br />rough dl'aft of the proposed target area for the Fishertown Community. <br />This sp.cond public hearing would be keeping in line with the State's <br />guidelines regarding the application process for CDßG funds. At the <br />second public hearing we will need for the County to state whether it <br />is willing to participate in the funding process as to financial assistance <br />and the amount the County is I'lilling to participate. <br /> <br />Presently \'Ie are asking the County to participate with $200,000. It may <br />be conceivable that with the present Highway 73 CDßG project that we will <br />be able to save the County an approximate $100,000 out of the $157,000 the <br />County committed. This amount could be rolled into next year's project if <br />funded. Therefore, the County only be committing an additional $100,000 <br />to the Fishertown project. <br /> <br />Thank you for youl' time concerni ng thi smatter. <br /> <br />3 <br /> <br />I <br />