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37 <br /> <br /> Chairman Lentz recessed the meeting at 9:55 A.M. until the conclusion of <br />the meeting of the Board of Commissioners for the Water and Sewer District of <br />Cabarrus County. <br /> Chairman Lentz reconvened the meeting at 10:15 A.M. <br /> UPON MOTION of Commissioner Melvin, seconded by Commissioner Payne and <br />unanimously carried, the Board moved to go into Executive Session to discuss <br />possible land acquisition and personnel matters. <br /> UPON MOTION of Commissioner Melvin, seconded by Commissioner Payne and <br />unanimously carried, the Executive Session was terminated. <br /> Chairman Lentz reported that the Board had been in Executive Session <br />discussing possible land acquisition and a personnel matter. He stated no <br />decision was made on either matter at this time. <br /> UPON MOTION of Chairman Lentz, seconded by Commissioner Moss and unani- <br />mously carried, the Board by resolution changed the regular meeting of the <br />Board from 7:00 P.M. on March 16, 1987, to 7:00 P.M. on March 23, 1987. <br />Board members will be attending the National Association of Counties Annual <br />Legislative Conference in Washington, D.C., on March 16. <br /> The Board briefly reviewed the Finance Investment Analysis which indi- <br />cated that Cabarrus County ranked second in total investment earnings for all <br />counties in the 50,000 99,999 population category for 1985-86. Investment <br />earnings for the County for this period of time were $1,236,874.00. The <br />Board also noted that the tax collection rate for Cabarrus County for 1985-86 <br />was 97.15 percent. <br /> There being no further business to come before the Board, the meeting <br />adjourned at 11:55 A.M. <br /> <br />Clerk to the Board <br /> <br /> <br />