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July 18, 2016 (Regular Meeting) Page 2836 <br />Total Assessed Value <br />$2,750,000.60 <br />$2,750,000.00 <br />$2,750,000.00 <br />$2,750,000.00 <br />County Taxes at .70 <br />$19,250.00 <br />$19,250.00 <br />$19 <br />$19,250.00 <br />Grant @ 85% <br />$16,362.50 <br />$16,362.50 <br />$16,362.50 <br />Net Taxes to County <br />$2,887.50 <br />$2,887.50 <br />$2,687.50 <br />$19,250.00 <br />3 Year Taxes <br />$57,750.00 <br />3 Year Grant <br />$49,087.50 <br />3 Year Net <br />Revenue <br />$8,662.50 <br />Chairman Morris opened the public hearing at 6:39 p.m. The Public Hearing <br />Notice was posted on the County's website ( www.cabarrus county. us ) on July 7, <br />2016 in accordance with Article 2, Administration, Section 2.1 (Use of <br />Electronic Means to Provide Public Notices) of the Cabarrus County Code of <br />Ordinances. <br />There was no one present to address the Board; therefore, Chairman Morris <br />closed the public hearing. <br />Commissioner Shue MOVED to approve an Economic Development Investment <br />Agreement (3 years, 85 percent) between Project Hornet (ISE Enterprises, Inc.) <br />and Cabarrus County, and to authorize the County Manager to execute the Agreement <br />on behalf of the Board, subject to review or revision by the County Attorney. <br />Commissioner Mynatt seconded the motion. <br />Following a brief discussion, the MOTION unanimously carried. <br />(G -2) GCS - Funding Request for 108 Acres on Weddington Road <br />Tim Lowder, Executive Director of Operations, Cabarrus County Schools <br />(CCS), requested funding for the purchase of 108 acres on Weddington Road (five <br />tracts owned by two owners) in the amount of $4.6 million. According to N.C.G.S. <br />115C- 426(f) , a school board may not execute a contract to purchase a site or <br />make any expenditure for it without the county commissioner's approval as to <br />the amount to be spent on the site. He also responded to questions from the <br />Board. <br />UPON MOTION of Commissioner Shue, seconded by Commissioner Mynatt and <br />unanimously carried, the Board approved the purchase of 108 acres on Weddington <br />Road in the amount of $4,600,000.00. <br />(H) APPOINTMENTS TO BOARDS AND COMMITTEES <br />(H -1) Appointments - Library Board of Trustees <br />Mr. Richard Bovard (Midland representative) was appointed by the Board of <br />County Commissioners in 2015 to fill an unexpired term, and is eligible for <br />reappointment. Mr. Bovard's reappointment is recommended by Emery Ortiz, <br />Library Director. <br />UPON MOTION of Commissioner Mynatt, seconded by Commissioner Poole and <br />unanimously carried, the Board reappointed Richard Bovard to the Library Board <br />of Trustees as the Midland representative for a three -year term ending July 31, <br />2019. <br />(H -2) Appointments - Region F Aging Advisory Committee <br />Ted Drain and Carol Vogt serve on the Region F Aging Advisory Committee <br />and have terms that expired on June 30, 2016. An application has also been <br />received from Tom Kurzel. A recommendation letter from the Home and Community <br />Care Block Grant Committee is attached, recommending Tom Kurzel (as delegate) <br />and Ted Drain (as alternate) for appointment /reappointment to the Region F Aging <br />Advisory Committee. <br />UPON MOTION of Commissioner Mynatt, seconded by Commissioner Shue and <br />unanimously carried, the board removed Carol Vogt from the Region F Aging <br />Advisory Committee roster and thanked her for her many years of service. <br />UPON MOTION of Vice Chairman Honeycutt, seconded by Commissioner Shue and <br />unanimously carried, the Board appointed Tom Kurzel to the Region F Aging <br />Advisory Committee as a "delegate" representative for a two -year term expiring <br />June 30, 2018. By the same vote, the Board reappointed Ted Drain to the Region <br />F Aging Advisory Committee as an "alternate" representative for a two -year term <br />expiring June 3C, 2018; including an exception to the "length of service" <br />provision of the Appointment Policy. <br />