Laserfiche WebLink
CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />REGULAR MEETING <br />AGENDA CATEGORY: <br />Consent Agenda <br />FEBRUARY 19, 2018 <br />6:30 P.M. <br />SUBJECT: <br />Finance - Rowan-Cabarrus Community College Advanced Technology <br />Center Title Transfer <br />BRIEF SUMMARY: <br />The title for the Advanced Technology Center (ATC) property is currently <br />in the name of the Trustees of Rowan-Cabarrus Community <br />College. Attached is a General Warranty Deed where the Trustees of <br />Rowan-Cabarrus Community College would transfer the title of the <br />Advanced Technology Center property to Cabarrus County. By having the <br />title of this property in the name of the County, the County (construction <br />and outfitting of the ATC) will receive the sales tax reimbursements from <br />the state. <br />REQUESTED ACTION: <br />Motion to approve the receipt of the property title transfer subject to <br />review by the Cabarrus County attorney and the Trustees of Rowan- <br />Cabarrus Community College attorney. <br />EXPECTED LENGTH OF PRESENTATION: <br />SUBMITTED BY: <br />Susan Fearrington, Finance Director <br />BUDGET AMENDMENT REQUIRED: <br />No <br />F-7 Page 102 <br />