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monitor the process and make sure they send all information to the building community so they <br />are aware. <br />Commissioner Wheeler agreed with Administrator Baird, and felt they have to <br />work on a formula so there would be an across-the-board fairness. <br />Mr. Mechling understood but was concerned about money left over. Chairman <br />Bowden assured him that we would monitor it and have reports. <br />Joseph Paladin said that based on Commissioner Wheeler's comments, the <br />account that sends money to the State are funds that are impact fee funds, so we are not taking <br />funds away from any other account. <br />Administrator Baird informed him that we did not use impact fee funds because he <br />thought we could get sued in the future. We used gas tax and the optional sales tax, and did not <br />use impact fee funds because it is a lot more restricted legally, and there is the potential for <br />liability. <br />Mr. Paladin and Board members engaged in further discussion as to what funds <br />are used, and what we would do if a rebate has to be done. Mr. Paladin wanted to make sure it <br />was not sales or gas tax funds used. <br />Commissioner O'Bryan attempted to clarify earlier comments from Mr. Mechling <br />regarding interest share fee earnings. Board members discussed lost interest and felt surplus <br />should go back to the people who paid in. <br />Director Mora responded to further questions from Mr. Mechling who wanted to <br />ensure a fairness factor. Administrator Baird again assured him we would monitor the process. <br />There were no other speakers and the Chairman closed the Public Hearing. <br />20 <br />July 8, 2008 <br />