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110 <br /> <br /> connection with a commercial or industrial nature may <br /> not regularly park in a residential zone. In <br /> agricultural districts, such vehicles (including <br /> agricultural, forestry and lumbering equipment) may be <br /> parked but not on-street. <br /> Number Two above will change to: <br /> 2. Restriction on large vehicle parking: <br /> Vehicles of a commercial or industrial nature with more <br /> than two axles including but not limited to tractor <br /> trailers, cargo trucks and other heavy equipment are <br /> prohibited from parking on a regular basis in the Medium <br /> Density Residential, High Density/Mixed Use Residential <br /> Zones, as well as within areas developed using <br /> customized development standards. Farm equipment and <br /> motorhomes are exempt from this restriction when parked <br /> on the owners property. This restriction shall not apply <br /> to non-residential uses that are Permitted, Permitted <br /> Based on Standards, or issued a Conditional Use in these <br /> districts. <br />Adopted this the 16th day of May, 1994 by the Cabarrus County Board <br />of Commissioners. <br /> /s/ Jeffrey L. Barnhart <br /> Jeffrey L. Barnhart, Chairman <br />ATTEST: Board of Commissioners <br />/s/ Frankie F, Bonds <br />Frankie F. Bonds, Glerk to the Board <br /> <br />1994 Development Update - January 1-April 30, 1994 - Mr. Gerald Newton <br /> <br /> Mr. Gerald A. Newton, Director of Planning, Zoning and Building <br />Inspections, presented the 1994 Development Update for the period January 1 <br />through April 30, 1994. During the first four months of the year, the County <br />experienced a high residential growth rate accounting for over 75 percent of all <br />construction activity. Estimated population as of April 30, 1994 was 109,590 and <br />the total number of residences was 44,229. <br /> <br />Alternative School Funding .Report Mr. Gerald Newton <br /> <br /> As requested by the Board in March of 1994, Mr. Newton presented the <br />Alternative School Funding Sources Report which identified and evaluated the <br />potential of eight alternative revenue sources for school capital expenditure. <br />The alternative sources were identified as follows: 1) Grants, Gifts & <br />Endowments; 2) Impact Fees; 3) Local Option Sales Tax/The Educational Allocation; <br />4) Privilege License Tax; 5) Property Tax, Annual Margin of Growth; 6) Real <br />Estate Transfer Tax; 7) Supplemental School Tax; and 8) Seat/Entertainment Tax. <br />Mr. Newton pointed out that each option has negative and positive attributes and <br />that the application of any of the applications is a decision of the Board in <br />coordination with the respective school boards. <br /> <br /> The Board briefly discussed the possibility of Cabarrus County joining with <br />Mecklenburg County and/or other counties to request special legislation to <br />authorize counties to levy an additional one-cent sales tax. The revenue from <br />this tax could be used to fund capital needs of the schools. <br /> <br /> Ms. Anita Rhodes, representing Region VII of the North Carolina Association <br />of Realtors and the Cabarrus Association of Realtors, spoke in opposition to <br />impact fees and real estate transfer taxes. She stated in her opinion that these <br />fees/taxes were discriminatory against the homeowners and specifically created <br />a hardship on the young and the elderly. <br /> <br /> Mr. Allen St. Clair, member of the Issues Mobilization Committee of the <br />North Carolina Association of Realtors, stated it was general policy of the <br />Association to oppose impact fees and real estate transfer taxes. However, he <br />stated the Association does not oppose funding school needs and agreed to forward <br />a list of alternative school funding sources to the Board. <br /> <br /> Mr. Mike Brown, resident of Harrisburg, spoke in support of the real estate <br />transfer tax as a means to fund educational needs in the county. <br /> <br /> <br />