BC 1996 06 11 - Laserfiche WebLink

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107 UPON MOTION of Chairman Barnhart, seconded by Commissioner Mills and unanimously carried, the Board approved in concept the establishment of a Public Health Authority for Cabarrus County and asked the County Manager and County Attorney to develop the enabling resolution for the establishment of the Authority. Chairman Barnhart expressed the Board's appreciation to the members of the Public Health Authority Task Force for their work. Presentation of the FY 1996-97 Cabarrus County Schools Budget - Dr. Harold Winkler, Superintendent Mr. Gary Hahn, Chairman of the Cabarrus County Board of Education, explained the new school-based approach used by the school system in developing its 1996-97 budget proposal. He reported that the needs had been prioritized and that each item included in the budget was essential. Stating that the school system's goal is to provide a quality education for the children of Cabarrus County, Mr. Hahn urged the adoption of the budget as submitted by the Board of Education. Dr. Harold Winkler, Cabarrus County Schools Superintendent, reviewed the FY 1996-97 County Schools budget proposal which requested an 8 percent increase in County funding. Dr. Winkler addressed the pressure of continued growth and the loss of buying power as more students come into the school system. He pointed out that Cabarrus County has the lowest per pupil expenditure of 18 surrounding counties, but ranks in the top 10 to 12 school systems in the state. In conclusion, Dr. Winkler asked the Board to give serious consideration to the school system's budget request. Proposed FY 1996-97 Cabarrus County Budget - Public Hearing - 7:00 P.M. At 7:05 P.M., Chairman Barnhart opened the public hearing on the proposed FY 1996-97 Cabarrus County Budget. He asked if anyone were present who wished to speak either for or against the proposed budget. Ms. Peggy Cleveland, Executive Director of the Cooperative Christian Ministry, spoke in support of County allocation of $10,000.00 to the Ministry. She stated that the funding is used with other available funds to assist persons with rent, utilities and prescription medicine. Ms. Rebecca Moffitt, representative of the Cabarrus Victims Assistance Network (CVAN) Battered Women's Program, requested $15,000.00 in County funding for CVAN. The current County contribution of $13,000.00 makes up approximately six percent (6%) of the total budget for CVAN which helps to provide alternatives for battered women and children in Cabarrus County. There was no one else present who wished to address the Board, and Chairman Barnhart closed the public hearing at 7:10 P.M. Resolution Approving Issuance of Industrial Development Revenue Bonds by the Cabarrus County Industrial Facilities and Pollution Control Financing Authority for S&D Coffee, Inc. In the Amount of $6,700~000 The following resolution was introduced and the title was read: RESOLUTION APPROVING ISSUANCE OF INDUSTRIAL DEVELOPMENT REVENUE BONDS BY THE CABARRUS COUNTY INDUSTRIAL FACILITIES AND POLLUTION CONTROL FINANCING AUTHORITY FOR S&D COFFEE, INC. IN THE AGGREGATE PRINCIPAL AMOUNT OF UP TO $6,700,000 WHEREAS, The Cabarrus County Industrial Facilities and Pollution Control Financing Authority (the Authority) has agreed to assist in the financing under the North Carolina Industrial and Pollution Control Facilities Financing Act (the Act) of an expansion to an existing coffee manufacturing facility in Cabarrus County by S&D Coffee, Inc.; and WHEREAS, the Authority intends to issue its Tax-Exempt Adjustable Mode Industrial Development Revenue Bonds (S&D Coffee, Inc. Project) Series 1996 (the Bonds) in the principal amount of $6,700,000; and