The NC General Assembly has allocated funds in the amount of $500,000 in the General Fund (S.L. 2022-74, Sec. 24.2.(24), to be administered by the Office of State Budget & Management (OSBM). The initial approval of these funds was made by the Board of Commissioners on 12/5/2022 (Consent Agenda Item B).
OSBM has requested a combined scope of work be submitted, describing the 2 projects to be funded through this directed grant: 1) land purchase by Rowan-Cabarrus Community College for the Technology Education Complex ($425,000), and 2) the Town of Spencer's development of Master Plan for Yadkin River Business and Recreational Park and Associated Projects ($75,000).
Recommendation:
Approve the County Manager to sign and have submitted the combined Scope of Work for Grant #20542 administered by NC OSBM.
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