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DEC 19 1979 BOOK- 42- FACE -314 <br />MR. HOBERG CONTINUED THAT LAST YEAR THEY HAD A RURAL <br />RENTAL HOUSING UNIT WHICH IS NOW IN THE PROCESS OF BEING BUILT. <br />HE NOTED THAT THEIR TOTAL INVESTMENT IN THE COUNTY IS MADE UP OF <br />EIGHT FARM LOANS FOR $96,900; HOUSING LOANS OF $5,831,780; AND WATER <br />AND SEWER $20,236,500. MR. HOBERG STATED THAT THE $20,000,000 <br />FIGURE IS AN OUTSTANDING LOAN BECAUSE IT HAS BEEN COMMITTED OR <br />OBLIGATED. THE TOTAL OVERALL GRANT FIGURE WOULD BE $745,100. <br />DISCUSSION FOLLOWED ON THE GRANT FIGURE, AND MR. HOBERG <br />NOTED THAT THIS FIGURE GOES WAY BACK. THE INTERGOVERNMENTAL 000RDI- <br />NATOR AGREED THAT THIS APPLIED TO THE FIRST URBAN DEVELOPMENT <br />UTILITIES SYSTEM AND THEN THE SECOND; THE METHOD OF FIGURING CHANGED <br />AND THAT IS WHY IT IS SO HIGH. <br />MR. HOBERG STATED THAT THIS REPORT IS ON THE TOTAL AMOUNT <br />OF MONEY OUTSTANDING AS OF NOW. COORDINATOR THOMAS FELT THE $134,000 <br />IS CORRECT INSTEAD OF $74,000, AND MR. HOBERG FELT HE MIGHT BE <br />CORRECT BECAUSE THERE IS $60,000 HE CANT PINPOINT AT THIS MOMENT. <br />COMMISSIONER SIEBERT FELT IF WE RECEIVE THIS REPORT FOR <br />OUR RECORDS, WE ARE INDICATING WE AGREE WITH THE FIGURES, AND WE <br />BETTER BE SURE THEY ARE RIGHT. <br />ATTORNEY COLLINS STATED THAT IF THIS IS A CONCERN, THE <br />REPORT CAN BE RECEIVED JUST FOR THE PURPOSES OF A PRESENTATION MADE <br />BY MR. HOBERG, AND THE BOARD AGREED. <br />ASSISTANT ADMINISTRATOR NELSON INFORMED THE BOARD THAT <br />DR. FLOOD HAS REQUESTED SOME MODIFICATIONS TO THE HEALTH DEPARTMENT <br />BUILDING AS PER THE FOLLOWING LETTER: <br />10 <br />