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HEDRICK:Called for other comments. Expressed thanks for the special guests and for the
citizens attending.
We will have this on the agenda prior to the seating of a new board on December 1, 1986.
Encouraged the public if they wanted to be notified, leave their names with the clerk. It will be
in the local newspaper.
MOTION from Chairman Hedrick to return to Regular Session.
VOTING: Ayes - 5; Nays - 0.
10 -MINUTE RECESS. 9:10 p.m.
9:25 p.m. RESUMED REGULAR MEETING
BUDGET AMENDMENTS: MOTION from Commissioner Mills to approve the Budget Amendments #18 (FY 85-
86) and #1-4 (FY 86-87).
VOTING: Ayes - 5; Nays - 0.
AMENDMENT#18
EXISTING AMENDED DIFFERENCE
Revenues (Shepherds Fire District)
57-301-00 Taxes: Ad Valorem -Current 30,944 31,476 532
Expenditures
57-532-817 Shepherds Fire District 30.944 31,476 532
TOTAL INCREASE 532
AMENDMENT #1
010-480 Register of Deeds 262,759 271,906 9,147
010-661-99 Contingency 250,000 240,853 (9,147)
TOTAL INCREASE -0-
480 Register of Deeds 262,579 271,906 9,147
AMENDMENT #2
10-530-91 Contributions - Other Depts. 35,000 38,047 3,047
10-661-99 Contingency 240,853 237,806 (3,047)
530 Fire Fighting 387,685 390,732 3,047
AMENDMENT #3
Revenues
10-399-00 Fund Balance Appropriated 1,269,297 1,359,297 90,000
Expenditures
10-663-707 Mitchell Current Expense 650,000 690,000 40,000,
10-663-711 Mitchell Capital Outlay 18,000 68,000 50,000
INCREASE 90,000
663 Schools 9,372,160 9,462,160 90,000
AMENDMENT #4
Revenues
010-349-12 Community Based Alternatives 98,490 107,460 8,970
Expenditures
010-661-775 Community Based Alternatives 66,736 75,706 8,970
TOTAL INCREASE 8,970
661 SPECIAL APPROPRIATIONS 899,781 908,751 8,970
CONTRACT BETWEEN IREDELL WATER CORPORATION AND IREDELL COUNTY: The County Manager introduced
the contract that was drawn by the County Attorney and has been signed by the officials of the
Iredell Water Corporation. This contract is a provision whereby the County will advance $112,500 to
Iredell Water Corporation to be used for engineering, right of way acquisition, erection and buil-
ding of a water distribution line with pertinent gates, boxes, yokes, and valves, to serve Olin
Volunteer Fire Department. Funds are to be repaid in the form of one-half of the revenues derived
from the sale of water along that portion of water distribution line.
Mr. Deal said unless there was a rush on getting the contract signed, he would like to request