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Commissioner Price - To Approve the South Point Township Grant Recommendation ($500,000 Fund Balance Appropriation)
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STAFF CONTACT
Earl Mathers, County Manager (704) 866-3101
BUDGET IMPACT
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Reduces Fund Balance by $500,000.
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BUDGET ORDINANCE IMPACT
Authorizes County Manager to make necessary budget amendments to move funds into the appropriate project accounts/sub-accounts.
BACKGROUND
During its 10/27/2015 Regular Meeting, the Board of Commissioners adopted Resolution 2015-292, to approve a Township Improvement Grant Program to be funded from the proceeds of the CaroMont Lease and authorized $3,500,000 from the proceeds to be distributed within each township. Each Township is eligible for $500,000 in grant proceeds (with the exception of Gastonia Township, which is eligible for $1,000,000). At the direction of the Board, the County Manager facilitated an application process and grant requests were accepted until December 31, 2015.
The following project(s) were recommended for the South Point Mountain Township (See the Attached Project Recommendations Packet for more detail)
• South Point High School (BOE) $90k
• Belmont Rail Trail - $125k
• Poston Park Sidewalk Connector (Jason Williams Co-Sponsor) - $76k
• South Point GEMS Substation - $66.5k
• Belmont Library - $55k
• Cramer Mountain Road Sidewalk - $87.5k
Approval of this request authorizes the County Attorney to draft the necessary contracts and authorizes the County Manager to execute said contracts on behalf of Gaston County.
Approval of this request also authorizes the County Manager to prepare the necessary budget changes to commit funds for these projects. These budget changes will be submitted to the BOC at the 2/9/2016 Regular Meeting for informational purposes only.
POLICY IMPACT N/A