BC 1988 04 18 - Laserfiche WebLink

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335 stringent in order to protect the health, safety and welfare of nearby property owners and the citizens of Cabarrus County, and to insure that the intent of this section is upheld. Mr. Branson Jones, Executive Vice-President of the Greater Cabarrus County Economic Development Corporation, informed the Board that officials of Americhem, Inc., had requested that the public hearing in regards to the industrial revenue bond for Americhem, Inc., be placed on hold. He stated that company officials were pursuing private financing for the project at this time. Chairman Lentz announced that at the request of the applicant the public hearing on the approval and issuance of the $4,000,000.00 industrial revenue bond for the Americhem, Inc., Project would not be held on this date. Chairman Lentz stated that this was the day and hour scheduled for the second public hearing to receive comments on the proposed Community Development Block Grant application and asked if anyone were present who wished to speak regarding the proposed application. Mr. Robert Stark of Stark-Wilson Associates outlined the proposed Community Development Block Grant application for the Fishertown Community and presented the following estimated costs for the project. FISHERTOWN CDBG APPLICATION SEWER HOME CONNECTION (29) HOUSING REHABILITATION ADMINISTRATION TOTAL PROPOSED COUNTY CONTRIBUTION TOTAL CDBG GRANT REQUEST $402,750.00 $ 21,750.00 $334,000.00 $ 41~500.00 $800,000.00 $200~000.00 $600,000.00 There was no one present to speak for or against the proposed grant application, and the public hearing was closed. UPON MOTION of Commissioner Melvin, seconded by Commissioner Hamby and unanimously carried, the Board authorized the filing of the Community Development Block Grant application for the Fishertown Community and committed $200,000.00 in County funds for the project. The Board further authorized the Chairman to take care of all signatory matters necessary for the filing of the grant application. Chairman Lentz stated that this was the day and hour scheduled for a public hearing for the naming of an Unnamed Road to Paul Linker Place and asked if anyone were present who wished to speak for or against the proposed road name. There was no one present to speak regarding the proposed road name, and the public hearing was closed. UPON MOTION of Commissioner Hamby, seconded by Commissioner Payne and unanimously carried, the Board approved Petition 87-88 02 changing the name of an Unnamed Road to Paul Linker Place. UPON MOTION of Commissioner Melvin, seconded by Commissioner Payne and unanimously carried, the Board approved the annual audit contract with Arthur Young and Company in the total amount of $33,000.00 for the period beginning July 1, 1987, and ending June 30, 1988, and authorized the Chairman to sign the contract on behalf of Cabarrus County. A description of the services and the fees is as follows: Services Financial audit and reports in accordance with generally accepted auditing standards Fees $21,600.00 Single Audit under the new Single Audit Act of 1984 and OMB Circular A-128 and reports for the period July 1, 1987, through June 30, 1988 $11,400.00 $33,000.00 Mr. Blair D. Bennett, Finance Director, presented a status report on the work being done by Arthur Young and Company in regards to the audit on the Rocky River Regional Wastewater Treatment Plant as authorized by the Board in January, 1988.