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February 16, 2015 (Regular Meeting) Page 2294
<br />Code of 1986, as amended (the "Code ") , in order to assure that interest paid
<br />with respect to the 2015A Limited Obligation Refunding Bonds and /or
<br />Certificates, the 2015B Limited Obligation Refunding Bonds and /or
<br />Certificates, the 2015C Limited Obligation Refunding Bonds and /or
<br />Certificates and the 2015D Limited Obligation Refunding Bonds and /or
<br />Certificates, respectively, will not be includable in the gross income of the
<br />owners thereof for purposes of federal income taxation, except to the extent
<br />that the County obtains an opinion of bond counsel to the effect that
<br />noncompliance would not result in interest with respect to the 2015A Limited
<br />Obligation Refunding Bonds and /or Certificates, the 2015B Limited Obligation
<br />Refunding Bonds and /or Certificates, the 20150 Limited Obligation Refunding
<br />Bonds and /or Certificates, or the 2015D Limited Obligation Refunding Bonds
<br />and /or Certificates, respectively, being includable in the gross income of
<br />the owners of the 2015A Limited Obligation Refunding Bonds and /or
<br />Certificates, the 2015B Limited Obligation Refunding Bonds and /or
<br />Certificates, the 2015C Limited Obligation Refunding Bonds and /or
<br />Certificates or the 2015D Limited Obligation Refunding Bonds and /or
<br />Certificates, respectively, for purposes of federal income taxation.
<br />Section 15. This Resolution shall become effective immediately upon
<br />its adoption.
<br />Thereupon, upon motion of Commissioner Mynatt, seconded by Commissioner
<br />Honeycutt, the foregoing resolution entitled "RESOLUTION APPROVING
<br />REFINANCING OF PRIOR INSTALLMENT FINANCING CONTRACT FINANCINGS IN AN
<br />AGGREGATE PRINCIPAL AMOUNT UP TO $211,615,000, THE EXECUTION AND DELIVERY BY
<br />THE CABARRUS COUNTY DEVELOPMENT CORPORATION OF ONE OR MORE SERIES OF LIMITED
<br />OBLIGATION BONDS AND /OR CERTIFICATES OF PARTICIPATION RELATED THERETO;
<br />AUTHORIZING THE EXECUTION AND DELIVERY OF RELATED DOCUMENTS IN CONNECTION
<br />THEREWITH; AND PROVIDING FOR CERTAIN OTHER RELATED MATTERS" was adopted and
<br />passed by the following vote:
<br />AYES: Chairman Stephen M. Morris, Vice Chairman Elizabeth F. Poole and
<br />Commissioners Diane R. Honeycutt, Grace M. Mynatt and Lynn W.
<br />Shue
<br />NOES: None
<br />(F -7) Planning and Development - Construction Standards Staffing Request
<br />Cabarrus County Construction Standards' level of activity has increased
<br />steadily over the past three years. The increased demand is creating a need
<br />for additional staff in order to meet the goal of next -day inspections.
<br />Staffing levels at this time may not ensure that services are provided the
<br />next day. Inspection and permit numbers are growing and a number of large
<br />projects are expected to begin construction soon. Revenues are exceeding
<br />projections for this year and the positions are proposed to be funded
<br />completely by Construction Standard's increased revenues.
<br />UPON MOTION of Commissioner Mynatt, seconded by Commissioner Honeycutt
<br />and unanimously carried, the Board approved the addition of two full -time
<br />Code Enforcement staff and the related budget amendment.
<br />Date:1/21/2015 Amount: $105, 004
<br />Dept. Head: Kelly Sifford, AICP Department: Planning & Development
<br />El Internal Transfer within Department ❑ Transfer Between Departments /Funds 0 supplemental Request
<br />Purpose: Request to fund two additional positions for Construction Standards beginning March 13,
<br />2015 due to increased demand for service.
<br />Account Number
<br />Account name
<br />Approved Budget
<br />Inc Amount
<br />Dec Amount
<br />Revised Budget
<br />00192410 -9101
<br />Salaries and Wages
<br />$938,497.00
<br />$2.7,187.00
<br />$965,684.00
<br />00192410 -9201
<br />Social Security
<br />$55,981.00
<br />$1,685.00
<br />$57,666.00
<br />00192410- 9202
<br />Medicare
<br />$13,099.00
<br />$394.00
<br />$13,493.00
<br />00192410 -9210
<br />Retirement
<br />$66,361.00
<br />$1,922.00
<br />$68,283.00
<br />00192410 -9235
<br />401K
<br />$46,932.00
<br />$1,710.00
<br />$48,642.00
<br />00192410 9205
<br />Group Hospital Ins.
<br />$115,600.00
<br />$2,628.00
<br />$118,228.00
<br />00192410- 9330
<br />Tools and Minor Equip.
<br />$1,200.00
<br />$1,200.00
<br />$2,400.00
<br />00192410 -9340
<br />Uniforms
<br />$3,640.00
<br />$500.00
<br />$4,140.00
<br />00192410- 9420
<br />Cell Phones
<br />$10,064.OD
<br />$378.00
<br />$10,442.00
<br />00192410- 9863
<br />Vehicles
<br />$0.00
<br />$56,000.00
<br />$56,000.00
<br />00192410 -9342
<br />Minor Technology
<br />$7,900.00
<br />$11,400.00
<br />$19,300.00
<br />00162410 -6505
<br />lInspections Fees
<br />$2,175,000.00
<br />$105,004.00
<br />$2,260,004.00
<br />(F -8) Sheriff's Office - Interlocal Agreement with Union County .Allowin
<br />Backup 911 Site
<br />
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