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CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />REGULAR MEETING <br />AGENDA CATEGORY: <br />New Business <br />AUGUST 20, 2018 <br />6:30 P.M. <br />SUBJECT: <br />County Attorney - Approval of Tax -Exempt Bond Financing for Carolina <br />International School - Public Hearing 6:30 p.m. <br />BRIEF SUMMARY: <br />The Board is requested to hold a public hearing on behalf of Carolina <br />International School for approval of their tax-exempt bond financing and in <br />order for them to fulfill the requirements of Section 147(f) of the Internal <br />Revenue Code of 1986, as amended, in regards to the issuance of tax- <br />exempt bonds by non -profits. <br />REQUESTED ACTION: <br />Hold a public hearing. <br />Motion to approve the resolution authorizing the tax-exempt bond <br />financing on behalf of Carolina International School. <br />EXPECTED LENGTH OF PRESENTATION: <br />5 Minutes <br />SUBMITTED BY: <br />Richard Koch, County Attorney <br />BUDGET AMENDMENT REQUIRED: <br />No <br />COUNTY MANAGER'S RECOMMENDATIONS/COMMENTS: <br />G-4 Page 184 <br />