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September 20, 2004 Page 637 Robert M. Freeman, Chairman Cabarrus County Board of Commissioners ATTEST: /s/ Frankie F. Bonds Frankie F. Bonds, Clerk to the Board (G-4) Work First Block Grant Program Mr. James Polk, Program Administrator with the Cabarrus County Department of Social Services, discussed the development of a Work First Program for FY 2005-07. He stated a plan would be developed to serve Work First families and would either divert them from cash assistance or provide employment-related services 'to aid them in gaining employment and ending their dependence on welfare. Mr. Polk recommended that the Board request that Cabarrus County be designated as a Standard County, rather than an Electing County, for FY 2005-07. UPON MOTION of Commissioner Carruth, seconded by Commissioner Privette, the Board requested that Cabarrus County be designated a Standard County for FY 2005-07. UPON MOTION of Commissioner Privette, seconded by Commissioner Carruth and unanimously carried, the Board approved the following nominees to the Work First Planning Committee for FY 2005-07 and named Commissioner Carruth as the Commissioner member to serve on the Committee. Concord First Assembly Urban Ministries: Anise Johnson Cooperative Christian Ministries: Betty Jean Prewitt Employment Security Commission: Carolyn Mays Centralina Workforce Development Board: David Hollars Prosperity Unlimited (formerly Cabarrus Community Development Corporation): Louise Mack Kimball Memorial Lutheran Church: Richard Rhoades Private Business and Centralina Workforce Development Board: Bob VanGorden Employment Services Cabarrus County DSS: Judith Ward Economic Services Cabarrus County DSS: Trish Baker Child Support Cabarrus County DSS: Angela Talley Cabarrus County Schools: Emily Behm Rowan-Cabarrus Community College: Nicholas Gennett (G-5) Water and Sewer Authority of Cabarrus County - Presentation of New Methodolo~' for ~apital Cost Distribution and Draft Capital Improvement Pro,rem John C. .Murdock, III, Executive Director of the Water and Sewer Authority of Cabarrus County (WSACC), introduced the presentation on WSACC's new methodology for Capital Cost DiStribution and its Capital Improvement Program (CIP). He stated WSACC tries to be prepared to start construction of planned projects just in time to satisfy the need and not to encourage unnecessary growth. Jeff Davis, WSACC Engineering Director, presented WSACC's new methodology for distributing capital costs among its customers. Using a PowerPoint presentation, he explained the new methodology will allow customers to request "reserve capacity" in both the transmission and treatment systems. Their share will be proportional to reserve capacity requested divided by total requested reserve capacity. Further, Mr. Davis discussed the development of WSACC's six-year CIP that includes 11 projects and the 20-year CIP that will serve as a guide for the future. Michael Wilson, WSACC Finance Director, discussed the financing of $91 million of projects identified in the six-year CIP and steps that were taken by WSACC to address the $1.7 million in lost revenue from the closing of Pillowtex. He said the WSACC Board had established a five-year recovery period during which there would be an eight percent annual increase in rates. Retained earnings would be used to make up the difference with WSACC operating at a deficit during the recovery period. Current funding sources for the CIP projects include Capital Recovery Fees, . contributions from Charlotte Mecklenburg Utilities and State Revolving Fund Loans. It is anticipated that installment financing or revenue bonds will be used after FY 2008 to fund the $23 million in needs that currently have no revenue source. In conclusion, Mr. Wilson stressed that the WSACC Board decides when projects · are built and when additional debt is incurred.