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r , SEP 10 1980 BOOK 44, FAGE 537 COMMISSIONER WODTKE FELT IT IS PRETTY HARD TO SAY WHEN YOU DON T KNOW WHAT AMOUNT IT IS 20% OF. ATTORNEY COLLINS COMMENTED THAT UTILITY DIRECTOR LINER HAS REVIEWED THIS AND THE ENGINEERS, AND HE BELIEVED THE APPROACH NOW IS TO REACH SOME COMPROMISE. AS FAR AS 20% OF WHAT, HE NOTED WE HAD A FORMULA IN 1973 WHICH DESCRIBED HOW YOU ARRIVE AT WHOLESALE AND THAT FORMULA HAS BEEN USED PRIMARILY IN REGARD TO THE HOSPITAL, GIFFORD, AND RALMAR AREAS. THEY, THEREFORE, HAVE A BASIS FOR THE FORMULA AND NOW CAN NEGOTIATE. COMMISSIONER LYONS FELT THE WHOLESALE RATE IS WELL DEFINED IN THE AGREEMENTS, MOTION WAS MADE BY COMMISSIONER LYONS, SECONDED BY COMMIS- SIONER LOY, TO AUTHORIZE THE ATTORNEY TO NEGOTIATE THE AGREEMENTS AS OUTLINED WITH THE CITY OF VERO BEACH RE THE MID FLORIDA AREA AND THE SOUTH BEACH AREA. COMMISSIONER WODTKE FELT THE COMMISSIONERS SHOULD BE AT THE MEETING WITH THE CITY ALSO, AND ATTORNEY COLLINS STATED THAT THEY WOULD BE WELCOME. THE CHAIRMAN CALLED FOR THE QUESTION. IT WAS VOTED ON AND CARRIED UNANIMOUSLY. REIMBURSEMENT OF BOND ATTORNEY COSTS FOR HOUSING FINANCE AUTHORITY ATTORNEY COLLINS REPORTED THAT AFTER THIS ITEM WAS PUT ON THE AGENDA, WE HEARD FROM HOUGH & COMPANY THAT THEY WOULD WORK SOME- THING OUT WITH THE BONDING ATTORNEYS SO THAT THE HOUSING FINANCE AUTHORITY WOULD NOT BE RESPONSIBLE IN THE EVENT THE BOND ISSUE DID NOT GO AHEAD. HE, THEREFORE, DID NOT FEEL THE MATTER OF THE BOND ATTORNEY COSTS WAS RELEVANT RIGHT NOW, AND HE REQUESTED THAT THIS ITEM BE REMOVED FROM THE AGENDA. THE ATTORNEY NOTED THAT IF THE HOUSING FINANCE AUTHORITY DOES DETERMINE THEY WILL HAVE SOME OUT-OF- POCKET EXPENSE, IT MAY BE BROUGHT BACK TO THE BOARD FOR A TEMPORARY LOAN OR A GRANT IF THE BONDS ARE NOT SOLD. WILLIAM KOOLAGE, A MEMBER OF THE HOUSING FINANCE AUTHORITY, COMMENTED THAT COORDINATOR THOMAS THOUGHT THAT ANY COSTS WOULD BE MINIMAL.