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80(IK 7 pmE 523 <br />SEP 16 1981 <br />THE CITY BECAUSE THEY ARE GOING TO TURN THOSE ASSETS OVER NOW AND WANT <br />THEM BACK IF CONTINGENCIES ARE NOT MET, <br />THE OTHER CHANGE WAS ON PAGE 7, SEC. 12 - "IN THE EVENT <br />CONDITION A IS NOT SATISFIED, COUNTY MAY ELECT TO TURN OVER TO CITY <br />THE IMPROVEMENTS SET FORTH IN PARAGRAPHS 6 AND 10," AND THEN AFTER <br />"(5/8, 3/4 METERS) ADD "AND ANY REMAINING ESCROW FUNDS PLUS ACCRUED <br />INTEREST" AND THEN ALSO THERE WOULD BE AN INSERTION OF "ALL ASSETS <br />SET FORTH IN PARAGRAPH 5." <br />COMMISSIONER SCURLOCK STATED THEY AGREE WITH THE PROPOSED <br />CHANGES AND RECOMMEND APPROVAL EVEN WITH THE MODIFICATION THAT THE <br />CITY CAN USE THE ESCROW FUNDS TO COMPLETE THE PROJECT. HE NOTED THAT <br />JOHN ROBBINS, ENGINEER, HAS INDICATED THAT THE TIME FRAME OUTLINED IS <br />SUFFICIENT AND WE SHOULD BE ABLE TO MEET THE DEADLINE. <br />ATTORNEY COLLINS READ THE ADDENDUM, EXPLAINING THAT CONDI- <br />TION A IS THE IMPROVEMENTS, THE LINE, THE WATER TANK AND THE IN-LINE <br />BOOSTER PUMP, I.E., THE UP -FRONT IMPROVEMENTS ON THE BEACH, IN THE <br />EVENT CONDITION A IS NOT SATISFIED (EITHER WE HAVE NOT LET THE CON- <br />TRACTS WITHIN SIX MONTHS AND HAVE NOT COMPLETED THE WORK WITHIN 18 <br />MONTHS), THEN THE CITY HAS THE RIGHT TO STEP IN AND USE THE ESCROW <br />MONEY TO SEE THOSE THINGS HAPPEN; THE CONTRACT IS STILL IN EFFECT, AND <br />THE COUNTY HAS 42 MONTHS TO DO THE SUB -AQUEOUS CROSSING. IF WE DON'T, <br />THEN THE CITY GETS THE ASSETS BACK AND CONTINUES TO SUPPLY THE 255 <br />CUSTOMERS. <br />DISCUSSION FOLLOWED ON THE $780,000 ESCROW, AND INTERGOVERN- <br />MENTAL COORDINATOR THOMAS UNDERSTOOD THIS WILL COME FROM THE DEVELOPERS <br />PAYING THE IMPACT CHARGE. HE WISHED TO KNOW,IN THE EVENT THEY SHOULD <br />NOT COME UP WITH THE FULL AMOUNT, WHETHER THERE IS ANY RESTRICTION TO <br />PREVENT US FROM OBTAINING THIS MONEY FROM ANY OTHER SOURCE. ATTORNEY <br />COLLINS STATED THERE ARE NO RESTRICTIONS, BUT THERE ARE NO PLANS TO <br />DO ANYTHING ELSE AT THIS POINT, <br />IT WAS NOTED THERE HAS BEEN A TREMENDOUS EXPRESSION OF DESIRE <br />FOR THIS SERVICE, AND IF THE PEOPLE AFFECTED DON `T EVIDENCE ENOUGH <br />