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HomeMy WebLinkAboutC.054.93010_0287Blumenstein said eight percent was required, and Iredell County had eleven percent. She added that counties comparable to Iredell's size typically carried 16 to 18 percent. Fortner asked the amount of indebtedness the county could incur. Blumenstein said the county was at seven percent. She said bonding agencies did not like to see more than 15% of the general fund expenditures going towards debt service. REQUEST FOR APPROVAL OF A BUDGET AMENDMENT PERTAINING TO A $28,291 APPROPRIATION TO CARDINAL GLASS: County ManagerMashbum said $270,000 was budgeted for Cardinal Glass incentives this year. He said the amount was based on one-fifth of the total maximum incentive ($1,350,000). Mashburn said Cardinal had paid taxes in the amount of $372,863.71. He said 80% of the 372,863.71 was $298,290.97, or $28,290.97 more than the amount budgeted. Mr. Mashburn requested approval of a budget amendment for $28,291. Mashburn said the appropriation was in keeping with the incentive policy, and the county was not paying out more, in any given budget year, than what the company was paying to the county. MOTION by Commissioner Fortner to approve Budget Amendment #26 in the amount of $28,291, to be taken from contingency, to increase the current year's share of industrial incentives for Cardinal Glass. VOTING: Ayes - 4; Nays - 1 (Stewart). REQUEST FOR APPROVAL OF BUDGET AMENDMENT #27 IN THE AMOUNT OF $9,000 FOR A LIBRARY FEASIBILITY STUDY: Library Director Steve Messick said he previously met with County Manager Mashburn and Support Services Director Jim Vernon about the need for a library feasibility study. Messick said three firms were reviewed and one of these. Craig, Gaulden & Davis, Inc., was selected for the study. He continued by saying the study would include: (1) Expansion and Renovation of the Existing Library Building • Analysis of existing HVAC, lighting and communications. • Siting of a new addition with consideration of library departments, patron access, service points, staff access and parking. • Develop cost estimates. • Prepare drawings and written documents to support the scheme(s) proposed. (2) Construction of New Library Building • Consider 1.7 acre site behind existing library and also develop general requirements for an alternate site. • Provide a conceptual design for a new building, including site plan and floor plan that illustrates general location of departments, patrol access, service points and parking. • Develop cost estimates. • Prepare drawings and written documents to support the scheme(s) proposed. Messick said the study's completion time line was two months. He said the fee would be $9,000 and this included all expenses (travel, engineering studies and site analysis). (Mr. Messick said the company might have a preliminary draft of the study by late January --in time for the commissioners' retreat.) Commissioner Stewart asked if the firm had designed any libraries in this region. Messick said the company had completed two projects in Hendersonville, NC. In addition, he said a feasibility study was prepared for the Greenville Public Library System in South Carolina, and he would share a copy if anyone desired to review it. 2