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November 20, 2017 (Regular Meeting) Page 3357 <br />Total Assessed Value <br />$14,000,000.00 <br />$14,000,000.00 <br />$14,000,000.00 <br />Count Taxes at .70 <br />$98,000.00 <br />$98,000.00 <br />$98,000.00 <br />Grant @ 858 <br />$83,300.00 <br />$83,300.00 <br />$83,300.00 <br />Net Taxes to County <br />$14,700.00 <br />$14,700.00 <br />$14,700.00 <br />3 Year Taxes <br />3 Year Grant <br />3 Year Net Revenue <br />$294,000.00 <br />$249,900.00 <br />$44,100.00 <br />Chairman Morris opened the public hearing at 6:45 p.m. The public hearing <br />notice was posted on the County's website (www.cabarruscounty.us) on November <br />8, 2017 in accordance with Article 2, Administration, Section 2.1 (Use of <br />Electronic Means to Provide Public Notices) of the Cabarrus County Code of <br />Ordinances. <br />There was no one present to address the Board; therefore, Chairman Morris <br />closed the public hearing. <br />UPON MOTION by Commissioner Shue, seconded by Commissioner Kiger and <br />unanimously carried, the Board approved an economic development investment <br />agreement (three-year, 85 percent) between Project Mix and Cabarrus County, and <br />authorized the County Manager to execute the agreement on behalf of the Board, <br />subject to review or revision by the County Attorney. <br />(G-2) Department of Human Services - M9 Community Transportation Capital <br />Grant - Public Hearing 6:30 p.m. <br />Bob Bushey, Department of Human Services (DHS), Transportation Manager <br />reported this year's 5311 Community Transportation Capital Grant is for $312,250 <br />with a 10 percent local match of $31,255. Mr. Bushey further reported the grant <br />will be used to purchase five replacement vehicles as well as 25 tablets for <br />transportation vehicles. He stated a public hearing and adoption of related <br />resolutions is required. <br />Chairman Morris opened the public hearing at 6:46 p.m. The public hearing <br />notice was published in English and Spanish on November 8, 2017 in The <br />Independent Tribune. The public hearing notice was also posted on the County's <br />website (www.cabarruscounty.us) in English and Spanish on November 8, 2017 in <br />accordance with Article 2, Administration, Section 2.1 (Use of Electronic Means <br />to Provide Public Notices) of the Cabarrus County Code of Ordinances. <br />There was no one present to address the Board; therefore, Chairman Morris <br />closed the public hearing. <br />UPON MOTION by Vice Chairman Honeycutt, seconded by Commissioner Shue and <br />unanimously carried, the Board accepted the FY19 5311 Community Transportation <br />Capital Grant and adopted the related resolutions. <br />Resolution No. 2017-27 <br />PUBLIC TRANSPORTATION PROGRAM RESOLUTION <br />FY 2019 RESOLUTION <br />Section 5311 (including ADTAP), 5310, 5339, 5307 and applicable State funding, <br />or combination thereof. <br />Applicant seeking permission to apply for Community Transportation Program <br />funding, enter into agreement with the North Carolina Department of <br />Transportation, provide the necessary assurances and the required local match. <br />A motion was made by Vice Chairman Diane R. Honeycutt seconded by Commissioner <br />Lynn W. Shue for the adoption of the following resolution, and upon being put <br />to a vote was duly adopted. <br />WHEREAS, Article 2B of Chapter 136 of the North Carolina General Statutes <br />and the Governor of North Carolina have designated the North Carolina <br />Department of Transportation (NCDOT) as the agency responsible for <br />administering federal and state public transportation funds; and <br />WHEREAS, the North Carolina Department of Transportation will apply for <br />a grant from the US Department of Transportation, Federal Transit <br />Administration and receives funds from the North Carolina General Assembly <br />to provide assistance for rural public transportation projects; and <br />