8/5/1981 - Laserfiche WebLink

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CHAIRMAN LYONS ALSO FELT IT SHOULD BE MADE CLEAR THAT WE ARE NOT GOING TO RUN ANY SEWER OR WATER LINES THERE. ATTORNEY HOULIHAN AGREED THAT ADDITIONAL LANGUAGE CAN BE INCORPORATED. HE EXPLAINED THE BLANK IN PARAGRAPH G MERELY RESULTED FROM EARLIER CORRECTIONS AND NO ADDITIONAL WORDING WOULD BE INSERTED THERE. DISCUSSION ENSUED AS TO THE ADVISABILITY OF ABOLISHING THE INDUSTRIAL BOND AUTHORITY AT THIS TIME. ON MOTION BY COMMISSIONER SCURLOCK, SECONDED BY COMMISSIONER BIRD, THE BOARD UNANIMOUSLY RESCINDED RESOLUTION 81-44 WHICH CREATED THE INDUSTRIAL REVENUE BOND AUTHORITY. ATTORNEY HOULIHAN THEN REVIEWED CORRECTIONS TO THE PROPOSED MEMORANDUM OF AGREEMENT AS FOLLOWS: FIRST PAGE, PARAGRAPH B, 4TH LINE - AT THE REQUEST OF THE COUNSEL FOR RAMPMASTER, DELETE "AUTOMOTIVE ENGINE PARTS AND OTHER." PAGE 6, PARAGRAPH (I) - THE LINE READING "OF BOND COUNSEL, AND ANY NECESSARY AND REASONABLE OUT-OF-POCKET COSTS AND EXPENSES," DELETE "ANY NECESSARY AND REASONABLE OUT-OF-POCKET" AND SUBSTITUTE THE WORD "ALL." PAGE 7, PARAGRAPH (M) - ADD A FINAL SENTENCE TO THE EFFECT THAT THE PROVISIONS OF THIS PARAGRAPH SHALL SURVIVE THE TERMINATION OF THIS AGREEMENT. ATTORNEY HOULIHAN STATED THAT HE HAD NO MORE CORRECTIONS AND FELT THAT THIS AGREEMENT HAS MORE THAN ADEQUATE PROVISIONS FOR PROTECTING THE COUNTY'S INTERESTS. CONSIDERABLE DISCUSSION FOLLOWED IN REGARD TO THE ADVISABILITY OF REQUIRING AN APPLICATION FEE, AND ATTORNEY HOULIHAN RECOMMENDED, BASED ON HIS PAST EXPERIENCE IN THIS FIELD,..THAT THERE BE A FEE TO DEFRAY INITIAL EXPENSES AND ANY PART OF THE UNUSED FUNDS WOULD BE RE- TURNED TO THE APPLICANT. J. B. NORTON OF THE CHAMBER OF COMMERCE REPORTED THAT HE HAS READ SEVERAL RESOLUTION USED BY OTHER COUNTIES TO SET UP INDUSTRIAL BOND AUTHORITIES, AND THEY ALL HAVE A SET FEE, ALTHOUGH EACH COUNTY'S IS DIFFERENT. PALM BEACH COUNTY AFTER GOING THROUGH SEVERAL SUCH AUG 5 1981 85 no - 7 PACE 99