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CABARRUS COUNTY <br /> Post Office Box 707 <br /> <br /> CONCORD. NORTH CAROLINA 28025 <br /> <br />MEMORANDUM <br /> <br />TO: Charles D. McGinnis/County Manager~ <br />FROM: W.S. Chandler, Jr./Director of Planning <br /> <br />SUBJECT: Percentage of North Carolina Department of <br /> Transportation funds allocated to Cabarrus <br /> County earmarked for participation of sub- <br /> division roads <br /> <br />DATE: September 5, 1980 <br /> <br />Pursuant to your question concerning the percentage of County <br />road improvement money that can be allocated to participation, <br />addition and contingency, the total percentage is fifteen per <br />cent (15%). If we are looking at paving participation of sub- <br />division roads only, the figure is eight percent (8%) of the <br />total County allocation. <br /> <br />In recent years there has been an additional pot of money <br />provided by highway bonds which will be available only until <br />February of 1981. <br /> <br />If we exceed the eight percent (8%), there is no other pot <br />of money that we can use. A small over run of one to two <br />percent would simply cut into funds marked for paving rural <br />farm to market roads. <br /> <br />pds <br /> <br /> <br />