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_ WHEREAS, additional funding is necessary to up -grade the <br />sewer system and water system in their entirety before palatable <br />water which Indian River County shall provide, can be run through the <br />water distribution system; and <br />WHEREAS, the Board of County Commissioners of Indian River County, <br />Florida have committed to provide to the U.D.U. Franchise area <br />sufficient treated water from the Vero Beach Water Treatment Plant <br />to meet the needs of the U.D.U. franchise customers; and <br />WHEREAS, it is evident that the customers in the U.D,U. <br />Franchise area cannot pay rates sufficient to retire the approximately <br />FIVE HUNDRED THOUSAND ($500,000.00) DOLLAR debt to Farmers Home <br />Administration, the costs of up -grading the new system, and the costs <br />of purchasing water as distributed; <br />NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY CONIMISSIOT:ERS <br />OF INDIAN RIVER COUNTY, FLORIDA, that, in an effort to solve the <br />problems described within this Resolution, that Indian River County <br />will provide to people of Gifford living within the U.D.U. Franchise <br />area necessary water and sewer services at reasonable rates, conditioned <br />upon. U.D.U. and the Farmers Home Administration up -grading the existing <br />sewer and water facilities to meet State and Federal standards, and <br />conveying said improved facilities to Indian River County, free and <br />clear of all debts and encumbrances appertaining to the assets <br />` conveyed; and <br />BE IT FURTHER RESOLVED, that it is the clear intent of the Board <br />of County Commissioners of Indian River County` Florida to assume <br />the responsibility of providing the U.D'.1b., Franchise area and future <br />customers with both water and sewer services meeting State and Federal <br />standards upon the Board's acceptance of the up-graddd water and <br />sewer systems as conveyed by U.D.U. and the Farmers Home Administration. <br />This Resolution shall become effective as of the 10th" ' <br />day of\August 1977. <br />BOARD OF COUNTY CMMSSIONERS OF <br />INDIAN RIVER COUNTY, C <br />FLORIDA <br />` BY <br />ATTEST: /�K-�c�- C 1 iam o cc, r,, ia.irman <br />Freda Wrig t, ;,G er <br />i <br />. a <br />BOOK 0 E 17 <br />AUG 101977 <br />