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Trustees of Charles A. Cannon Charitable <br /> Trust No. One and No. Two <br />Page 2 <br />January 29, 1985 <br /> <br /> recorders, record players, or any equipment which is <br /> necessary for the use of library materials. The money <br /> would also be placed in a separate reserve account to <br /> be dra~m upon when needed. These funds would be used <br /> in addition to the funds appropriated to the Library <br /> System by the County in any fiscal year. <br /> <br /> c. Sources of other funds: It is anticipated that the Library <br /> System% regular annual budget will be derived from money <br /> appropriated primarily by Cabarrus County and the State of <br /> North Carolina. <br /> <br /> The Cabarrus Library System, as an agency of Cabarrus County and <br />thus a public agency, is exempt from tax liability. <br /> <br /> I greatly appreciate your interest in supporting the Cabarrus <br />Library System and its programs, and I am pleased to have the opportunity <br />to present this proposal to you on behalf of the Library System and the <br />Library Board of Trustees. <br /> <br /> Sincerely, <br /> <br /> Chairman, Cabarrus County <br /> Board of Co~lssioners <br /> <br />j~L/ffs <br /> <br /> Cabarrus County Library Board of Trustees <br /> <br /> <br />