7/15/1981 - Laserfiche WebLink

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. P�1^E 83 JUL 151991 DISCUSSION TOOK PLACE, AND IT WAS DETERMINED THAT COMMIS- SIONER SCURLOCK WOULD CONTINUE TO WORK WITH THE MOORINGS CONCERNING THIS MATTER. ROBERT RYDER, REPRESENTING THE MOORINGS PROPERTY OWNERS, APPROACHED THE BOARD AND EXPRESSED CONCERN AT THE NET WORTH FIGURE OF $24,206 FOR HUTCHINSON UTILITIES. HE THOUGHT THE BOARD,.,HAD A RESPONSIBILITY TO BUILD ADEQUATE SAFEGUARDS IN THE WAY OF ESCROW MONEY, OTHERWISE IT COULD ULTIMATELY CAUSE HIGHER TAXES FOR THE TAXPAYERS, MS. HUDSON EXPLAINED THAT THE FIGURE HE REFERRED TO WAS FROM LAST DECEMBER, 1980. MR. AIELLO CAME BEFORE THE BOARD AND REPORTED THAT HUTCHINSON UTILITIES, INC. HAD BEEN FORMED LAST YEAR; BUT HE HAD BEEN IN THE UTILITY BUSINESS FOR THE PAST 24 YEARS, SOME OF THE PROJECTS HE HAD WORKED ON WERE JOHNS ISLAND, CASTAWAY COVE, AND VILLAGE GREEN. MR. AIELLO STATED THAT HE HAD BEEN IN THE COUNTY SINCE 1977, AND MENTIONED HTS VARIOUS STAFF MEMBERS. HE NOTED THAT IT TOOK HIM QUITE A BIT OF TO ORGANIZE HIS STAFF; THEY WANT TO TAKE THE SEWER PLANT FROM '7 -SIGN, ALL THE WAY TO INSTALLATION, MAINTENANCE AND REPAIRS, MR. RYDER EXPRESSED CONCERN ABOUT MR. AIELLO's NET WORTH AND ASKED IF HE WAS USING HIS PERSONAL ASSETS AS BACKING FOR HUTCHINSON UTILITIES. MR. AIELLO RESPONDED AFFIRMATIVELY. HE ADVISED THAT SINCE DECEMBER, 1980, THEY HAVE BEEN OPERATING THE MOORINGS' SYSTEM. .JOHN MORRISON, TAXPAYER, CAME BEFORE THE BOARD AND RELATED THE HISTORY OF MANY PACKAGE PLANTS IN THE COUNTY, SOME OF WHICH ARE NOW DEFUNCT. WITHOUT REFERRING IN ANY FASHION TO THE COMPETENCE AND INTEGRITY OF HUTCHINSON UTILITIES, HE ALSO FELT THEY COULD_GO__DEFUNCT. MR. MORRISON COULD SEE NO REASON FOR THIS TRANSFERo AND HE FELT THE INFORMATION WAS VAGUE AS TO THE LIABILITY OF THE PARTNERS IN THE CORPORATION. HE BRIEFLY MENTIOMM, WATER "AILABILITY IN THE AREA, MR. AIELLO RESPBED THAT THEY WERE NOT DEVELOPERS, BUT THEY HAVE A DEVELOPER WHO IS RESPONSIBLE AND THE MOORINGS IS NOW SAYING