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TO: The Honorable Members of the DATE: <br />Board of County Commissioners <br />FROM: Jim Davis, <br />County Administrator <br />DESCRIPTION AND CONDITIONS <br />June 10, 1981 <br />FI LE: <br />SUBJECT: Refunding of Mining Deposit - Hobart <br />Brothers Company <br />Location: Land West of FEC Railroad North and <br />South of Hobart Road <br />REFERENCES: <br />On May 15, 1976, Hobart Brothers Company submitted an $8,000. cash <br />bond to the County for the subject mining operations. By letter dated <br />May 19, 1981, the District Manager of Hobart Brothers is requesting cancel- <br />ation of the Mininq Permit and refund of the $8,000 bond plus interest. <br />Dewey Walker, Director of the Zoning Dept. inspected the site on June 5, <br />1981 and has verified that mining is complete and the land is suitable <br />for intended development. The County staff, therefore, has no objection <br />to this refund. <br />ALTERNATIVE AND ANALYSIS <br />The request for refund, as stated in the Finance Director's memo to <br />the Board dated May 27, 1981, includes interest in the amount of $2,015.38. <br />The alternatives are to grant refund with interest (5% for 5 years and 2 <br />weeks) or grant refund with no interest. <br />RECOMMENDATION AND FUNDING <br />Based on past County Policy it is recommended -that the Cash Bond of <br />$8,000. plus accrued interest of $ 2,015.38 be returned to Hobart Brothers <br />Company. <br />Funding to be from the County's General Escrow Account. <br />THE FOLLOWING REPORTS WERE RECEIVED AND PLACED ON FILE IN <br />THE OFFICE OF THE CLERK: <br />INTERLOCAL AGREEMENT CREATING THE FLORIDA MUNICIPAL <br />POWER AGENCY AS AMENDED ON MARCH 27, 1981 <br />JUN 171981 <br />RECEIPT FOR DEPOSIT OF COUNTY FUNDS, N0,.1333, FROM <br />SHERIFFS DEPARTMENT IN THE AMOUNT OF $604.50 <br />TRAFFIC VIOLATION BUREAU - SPECIAL TRUST FUND, <br />MONTH OF MAY, 1981 - $30,800.00 <br />TRAFFIC VIOLATION FINES BY NAME, MAY, 1981 <br />REPORT OF CONVICTIONS, MONTH OF MAY, 1981 <br />3 <br />wx 4 PAIGE 674 <br />