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CJ <br />DEVELOP THE PROPERTY. ATTORNEY CIANFRONE STATED THAT HE BELIEVED THE <br />ZONING DEPARTMENT HAS REVIEWED THE DRAINAGE PLAN AND HAS ACCEPTED IT. <br />HE EXPLAINED THEY ARE ONLY GIVING A 5' EASEMENT BECAUSE THE DEVELOPER <br />FEELS HE NEEDS THE FOOTAGE FOR A PARKING AND LOADING AREA. <br />ADMINISTRATOR JENNINGS INFORMED THE BOARD THAT ZONING -DIRECTOR <br />WALKER IS ON VACATION. HE NOTED THE 5' EASEMENT IS ON THE NORTH AND <br />INQUIRED ABOUT SIDE LOT LINE EASEMENTS. <br />ATTORNEY CIANFRONE DID NOT KNOW ABOUT SUCH EASEMENTS AND <br />STATED THERE WILL BE JUST THE 5' EASEMENT. <br />THE ADMINISTRATOR ASKED THE ASSISTANT ADMINISTRATOR TO CHECK <br />THE PLAT OF PARADISE PARK, BLOCK J, UNIT 2, AND DETERMINE IF THERE ARE <br />ANY SIDE LOT LINE EASEMENTS. HE POINTED OUT THAT 5' IS VERY DIFFICULT <br />FOR THE COUNTY TO MAINTAIN. <br />COMMISSIONER SIEBERT FELT THIS MATTER IS NOT READY FOR CONSID- <br />ERATION UNTIL THE BOARD GETS THIS INFORMATION. <br />THE CHAIRMAN INSTRUCTED THAT WE WILL RETURN TO THIS MATTER <br />SHORTLY WHEN THE SIDE LOT LINE INFORMATION IS BROUGHT BACK. <br />INTERGOVERNMENTAL COORDINATOR THOMAS RETURNED TO THE MEETING <br />AND INFORMED THE BOARD THAT HE HAD A TELEPHONE CALL FROM MR. HUDNELL <br />OF FMHA AND HE NOW BELIEVES IT WILL BE POSSIBLE FOR US TO GET SOME MONEY <br />FROM THE GRANT*BEFORE THE BONDS ARE SETTLED. HE DOES NOT KNOW, HOWEVER, <br />WHAT THE TIME ELEMENT WOULD BE SO HE STILL WOULD LIKE TO HAVE AUTHORI- <br />ZATION TO BORROW UP TO $235,000 AND $50,000 AT THIS TIME. MR. THOMAS <br />NOTED THAT THERE IS A PAYMENT DUE ON THE 15TH, AND STATED HE WOULD LIKE <br />TO BORROW THIS FROM FEDERAL REVENUE SHARING FUNDS IF THE FINANCE OFFICER <br />FEELS THIS CAN BE DONE. <br />ATTORNEY COLLINS FELT THERE SHOULD BE SPECIFIC AUTHORIZATION <br />FOR A SPECIFIC AMOUNT AND NOT AN "UP TO" AMOUNT, SINCE IT IS NECESSARY <br />TO GET APPROVAL ON EACH INCREMENTAL LOAN IN ANY EVENT. <br />ON MOTION BY COMMISSIONER Loy, SECONDED BY COMMISSIONER SIEBERT, <br />THE BOARD UNANIMOUSLY ADOPTED RESOLUTION N0. 79-57 AUTHORIZING THE <br />BORROWING OF $50,000 BY EXECUTION OF A BOND ANTICIPATION NOTE THROUGH SUCH <br />SOURCES AS THE FINANCE OFFICER SHALL DETERMINE THE MOST COMPARABLE TO <br />RATES PREVAILING AT THE TIME, INCLUDING BORROWING FROM THE COUNTY FEDERAL <br />REVENUE SHARING FUNDS, FOR THE PURPOSE OF PAYING FOR EXPANSION OF THE <br />GIFFORD WATER SYSTEM. <br />5 <br />BOOK 41 PAGE 72 <br />