Highlights from the Cabarrus County Board of Commissioners Meeting
March 19, 2014 – The Cabarrus County Board of Commissioners held its regular meeting on Monday, March 17. Watch the meeting on TWC Channel 22 or Cabarrus County's YouTube channel. You can also review tweets sent live from the meeting.
Among its decisions at the March 17 meeting, the Board:
Proclamation declaring April 2014 as National Donate Life Month in Cabarrus County
Recognized student winners in the NC Association of Soil & Water Conservation Districts Annual Conservation Education Contests
Recognized Stephen F. Cude on his retirement from Department of Human Services ‐ Transportation Division Community" Book Read.
Approved consent items, including Cabarrus Cooperative Extension ‐ Youth Council request for support for Presidential Youth Council, Finance ‐ Qualified School Construction Bond (QSCB) Project Ordinance update and related budget amendment, Tax Administration ‐ Refund and Release Report ‐ February 2014.
New business: County Manager ‐ Discussion of November Bond Referendum for Cabarrus County Schools, Kannapolis City Schools and Rowan-Cabarrus Community College. The following motion was made and approved.
I move to:
Place the following three projects and amounts on the proposed bond list:
A. $9 million for Rowan-Cabarrus Community College Advanced Technology Center
B. $11 million for Royal Oaks Elementary School replacement (Cabarrus County Schools)
C. $23 million for a new middle school for Kannapolis City Schools
The bond list will be drafted very specifically, such that if alternative financing is provided for any of these three projects, financing pursuant to the bond vote will no longer be available.
Rowan-Cabarrus Community College will receive an additional $2 million cash for the Advanced Technology Center at time of financing.
As part of this motion, we are agreeing to provide short-term financing of up to $23 million to Kannapolis City Schools in FY 2015, for a term not to exceed five years for its middle school, provided that Kannapolis City Schools withdraw its Resolution in Support of Bond Referendum by May 31st. If Kannapolis City Schools does make such withdrawal, no other project will be added to the bond project list and the total amount of the bond will be reduced by $23 million.
It is important to tell our citizens how we are going to pay for this financing, but I do not want to be disruptive to the regular budget process. As part of the motion, we agree that our FY 2015 budget five-year plan will have the following:
A. A revenue neutral tax rate for any and all revaluation years.
B. An additional $2 million cash for Mount Pleasant Middle School.
C. $1.5 million cash for the Rowan-Cabarrus Community College Cosmetology Program relocation.
I think it would be beneficial to allow staff the opportunity to revise or amend any of its plans to meet the above stated requirements. We would like such revised or amended five-year plan by our April Board meeting and if a plan cannot be produced meeting these requirements by such time, we will move forward with Plan C.
Note: This is for information only. The minutes for the meeting will be the official record of action taken by the Board on March 17, 2014.