Title
NEW ITEM: Mecklenburg County ABC Board Request
Action
ACTION:
Approve a request for a capital improvement fund to be created for FY26 for the construction of a new store located at 20215 West Catawba Ave for $6,000,000
Staff Contact: Monifa Drayton, Alcoholic Beverage Control Board Chair
Presentation: No
BACKGROUND/JUSTIFICATION:
NC GS 18B-805 (d) allows for Alcoholic Beverage Control Boards to set aside a portion of gross receipts as a fund for specific capital improvements. To do so requires approval from its appointing authority (Mecklenburg Board of County Commissioners. This project will be fully funded with the passing of FY 27 budget.
PROCUREMENT BACKGROUND:
N/A
POLICY IMPACT:
FISCAL IMPACT: