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CHAIRMAN WODTKE ASKED IF THE ACTIONS THE HOUSING FINANCE <br />AUTHORITY TAKES�IN ACCORDANCE WITH THE CRITERIA THEY SET,WILL COME BACK <br />TO THE BOARD FOR APPROVAL, AND MR. THOMAS STATED THAT THEY WILL NOT; THAT <br />THIS IS TO BE REMOVED ENTIRELY FROM THE POLITICAL ASPECT. <br />CHAIRMAN WODTKE ALSO WISHED TO KNOW WHO MAKES THE DECISION AS <br />TO HOW MUCH THE COUNTY WILL BORROW, AND MR, THOMAS STATED THAT THIS WILL <br />BE DETERMINED BY THE HOUSING FINANCE AUTHORITY AND THE BOND PEOPLE. HE <br />CONTINUED THAT ACTUALLY THE COUNTY BORROWS THE MONEY AND IMMEDIATELY <br />SELLS IT TO THE HOUSING FINANCE AUTHORITY. THE COUNTY DOES NOT HAVE TO <br />PUT UP ANY SECURITY AND HAS NO LIABILITY. <br />DISCUSSION FOLLOWED ON WHO SHOULD BE APPOINTED TO SUCH A <br />COMMITTEE, AND MR. THOAMS SUGGESTED THAT WE SHOULD HAVE ONE MEMBER FROM <br />A COMMERCIAL INSTITUTION, ONE FROM A MAJOR INDUSTRY, ONE FROM LABOR, <br />AND TWO AT LARGE. <br />ATTORNEY COLLINS STATED THAT THE NEXT STEP ACTUALLY IS TO <br />CREATE THE HOUSING FINANCE AUTHORITY AND THEN THE COMMITTEE. <br />COMMISSIONER SIEBERT ASKED IF IT IS NECESSARY TO APPOINT THE <br />HOUSING FINANCE AUTHORITY NOW, AND ATTORNEY COLLINS EXPLAINED THAT TO <br />CREATE THE HOUSING FINANCE AUTHORITY, IT IS NECESSARY TO HAVE AN ORDINANCE <br />AND THEN A SUBSEQUENT RESOLUTION, BUT THE STATUTES ALLOW THE BOARD TO <br />ACT AS THE HOUSING FINANCE AUTHORITY IN THE INTERIM PERIOD. HE FELT <br />THAT A COMMITTEE WHO WOULD HAVE THE INTENTION OF BECOMING MEMBERS OF <br />THE AUTHORITY COULD SATISFY OUR NEEDS AT THIS POINT. <br />THE CHAIRMAN AND INTERGOVERNMENTAL COORDINATOR, AND ANY COM- <br />MISSIONER SO DESIRING, WILL MAKE RECOMMMENDATIONS FOR MEMBERS TO BE <br />APPOINTED TO THIS INTERIM COMMITTEE. <br />ADMINISTRATOR .JENNINGS NEXT BROUGHT UP THE SUBJECT OF THE RE - <br />PLAT OF OCEANSIDE SUBDIVISION.. HE NOTED THAT THE PLAT OF OCEANSIDE <br />` SUBDIVISION WAS GIVEN FINAL APPROVAL ON DECEMBER 6, 1978, SUBJECT TO <br />INCLUDING A STATEMENT ON THE PLAT THAT THE DEVELOPER ISNOT GOING TO <br />PROVIDE SEWER AND WATER AND ALSO THAT THE STREET NUMBERS BE INCLUDED ON <br />THE PLAT. THE ADMINISTRATOR NOTED THAT THERE WERE SOME LEGAL PROBLEMS <br />ON THE FIRST PLAT AND SINCE THAT TIME, ADJUSTMENTS HAVE BEEN MADE. HE <br />STATED THAT THE REPLAT ITSELF, AS FAR AS HE IS CONCERNED, IS IN ORDER <br />IF THE ATTORNEY IS NOW SATISFIED WITH THE LEGAL ASPECTS OF IT. <br />39 <br />FEB 71979 8wrt 9 PA'jG p <br />