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MR. ENG NOTED THAT PINEVIEW PARK WAS NOT INCLUDED THE LAST <br />TIME, AND THEY PROJECT IT WILL COST APPROXIMATELY $57,000. HE THEN k <br />WENT ON TO DISCUSS THE COSTS IN DIFFERENT AREAS AND THE CUSTOMERS THEY <br />ANTICIPATE WILL BE PICKED UP IN THE VARIOUS AREAS. <br />MR. ENG THEN ASKED <br />THAT MR. HOBERG OF THE FHA PRESENT HIS LOAN AND GRANT OFFER SO THAT <br />THE BOARD COULD HAVE THE TOTAL PICTURE. <br />MR. HOBERG INTRODUCED CHARLES HUDNELL, DISTRICT DIRECTOR FOR <br />THE FHA, AND DOROTHY 0'NEILL, HIS ASSISTANT. HE THEN REVIEWED THE FHA <br />LETTER OF CONDITIONS WHICH SETS OUT CONDITIONS WHICH MUST BE UNDERSTOOD <br />AND AGREED TO BEFORE ANY CONSIDERATION CAN BE GIVEN TO THE APPLICATION, b <br />AND NOTED THAT IF THE CONDITIONS SET FORTH ARE NOT MET WITHIN•120 DAYS, <br />THE FHA RESERVES THE RIGHT TO DISCONTINUE PROCESSING OF THE APPLICATION. <br />MR. HOBERG STATED THAT PRIOR TO CLOSING ON THE LOAN, THE COUNTY MUST <br />FURNISH EVIDENCE THAT 798 WATER USERS AND 123 SEWER USERS WILL BE AVAIL— <br />ABLE. HE PRESENTED VARIOUS DOCUMENTS THAT WOULD HAVE TO BE SIGNED IN— <br />CLUDING AN OPERATING BUDGET, MR. HOBERG EMPHASIZED THAT BEFORE ANY OF <br />THE GRANT FUNDS CAN BE USED, THE LOAN FUNDS MUST BE USED UP FIRST. i Ii <br />COMMISSIONER SIEBERT INQUIRED ABOUT THE ORIGINAL LOAN AND ASKED <br />IF WE HAVE TO USE ALL THAT LOAN AND THE OTHER LOAN BEFORE USING THE <br />ORIGINAL GRANT. MR. HUDNELL STATED THAT THESE ARE SEPARATE PACKAGES <br />AND WOULD NOT AFFECT EACH OTHER. <br />DISCUSSION ON INTERIM FINANCING FOLLOWED. MR. ENG DISCUSSED <br />THE POSSIBILITY OF THE COUNTY STARTING TO USE THE LOAN AND THEN FINDING <br />' IT IS MORE THAN NEEDED. HE ASKED IF THE LOAN AND THE GRANT COULD THEN <br />BE REDUCED PROPORTIONATELY. <br />MR. HUDNELL FELT IT WOULD HAVE TO INVOLVE 50% BEFORE THEY <br />COULD REDUCE THE RATIO. HE STATED THEY REALLY PREFER NOT TO GET INTO <br />THIS. <br />CHAIRMAN WODTKE THEN DISCUSSED THE REQUIREMENT TO GUARANTEE <br />`t 798 WATER USERS. HE NOTED THAT AT THE PRESENT TIME WE HAVE 551 ON THE <br />SYSTEM AND WOULD ASSUME IT MAKES NO DIFFERENCE WHETHER THE USERS ARE ON <br />THE OLD SYSTEM OR THE EXPANDED SYSTEM. HE ASKED IF WE MUST HAVE USER <br />AGREEMENTS SIGNED OR WHETHER WE HAVE SOME FLEXIBILITY IN THAT RESPECT. <br />MR. HUDNELL STATED THAT AS A FIRST CHOICE, THEY WOULD PREFER <br />MANDATORY HOOK—UP; THE SECOND CHOICE WOULD BE TO HAVE USER AGREEMENTS <br />i <br />78 <br />38 7 <br />DEC 6 1978 <br />J <br />