1/23/1980 - Laserfiche WebLink

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COMMISSIONER LYONS STATED HE WAS TRYING TO FIGURE OUT THE ADVANTAGE OF RELINQUISHING THAT PROPERTY SINCE ULTIMATELY WE WILL TAKE OVER THAT AREA AND RIGHT NOW, IN EFFECT, WE WOULD OWN THE FACILITIES. ATTORNEY COLLINS STATED THAT WE WOULD OWN THE TRANSMISSION LINES - EVERYTHING BUT THE SEWER PLANT, THE WATER PLANT, AND THE LAND THEY ARE ON. COMMISSIONER WODTKE EXPLAINED THAT WE WILL STILL HAVE THAT SAME RIGHT WITHIN SEVEN YEARS, BUT AS IT STANDS NOW, IF WE ARE NOT ABLE TO TAKE IT OVER WITHIN SEVEN YEARS, THE DEVELOPER KEEPS THE CUSTOMER S TAP -ON FEES AND WE, IN ALL ESSENCE, LOSE THE RIGHT TO TAKE THE SYSTEM OVER. ATTORNEY COLLINS AGREED THAT IS HOW IT IS UNDER OUR PRESENT FORM, AND STATED HE TRIED TO COME UP WITH SOMETHING WHERE WE COULD PROTECT OUR RIGHTS BECAUSE WE MIGHT NOT BE IN THAT AREA WITHIN SEVEN YEARS. COMMISSIONER W,ODTKE ASKED IF WE CAN ASSUME OR BE ASSURED THAT THEY ARE GOING TO DEPRECIATE OVER SEVEN YEARS OR WILL THEY SAY THEY REALLY SET THE DEPRECIATION UP OVER A 30 YEAR PERIOD? ATTORNEY COLLINS FELT WE WILL HAVE TO HAVE AN EXPERT IN THE FIELD TELL US WHAT THE DEPRECIATED VALUE IS AT THAT TIME. HE STATED THAT HE COULD DEFINE THIS SOME, BUT BELIEVED THE SUGGESTIONS HE MADE ARE IN THE INTERESTS OF THE COUNTY. HE AGAIN EXPLAINED THAT AT THE END OF SEVEN YEARS IF THE COUNTY EXERCISES THEIR OPTION TO TAKE OVER OR IS IN A POSITION TO SERVE, THEN THE COUNTY GETS THE ESCROWED DOLLARS; IF THEY ELECT NOT TO SERVE, OR NOT TO PURCHASE, THEN THE ESCROWED DOLLARS REVERT BACK TO THE DEVELOPER AND HE CONTINUES ON OWNING ALL THE LINES AND SERVICING THE PROJECT. COMMISSIONER LYONS ASKED WHO PAYS IN THE EVENT THE COUNTY IS IN A POSITION TO SERVE THREE YEARS LATER AND WISHES TO CONNECT TO THOSE LINES. ATTORNEY COLLINS STATED THERE IS A GOOD POSSIBILITY THE COUNTY MIGHT EVEN HAVE TO CONDEMN; THERE WOULD BE NO FURTHER TAP -ON JAN 2 3198a 41 BE?OK 42 " PacE J8