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r OCT 7 1981 <br />BOOK 47 w F 5 <br />Commissioner Scurlock commented that possibly future impact fees <br />could be less because there are certain improvements which will be <br />borne up front by those ready and wanting service right now. <br />Engineer Robbins agreed. He noted we want an equitable situation, <br />and if we wait too long to decide how to finance Phase II, it may <br />affect the impact fees; therefore, possibly it is time to discuss <br />something relative to permanent financing. <br />Intergovernmental Coordinator Thomas pointed out that the interest <br />rate at which the bonds finally are sold also could have an effect on <br />the rate structure or future impact fees. He continued that we have <br />been talking about the possibility of having a fiscal agent and he felt <br />we ought to determine whether the Commission wished to proceed <br />immediately towards that end or rely on the bond people we have talking <br />with and proceed with them. ' <br />Commissioner Scurlock stated that he was still committed to going <br />with a financial agent and listening to all proposals and then making a <br />decisions, but in this particular situation where these people have <br />been on line with our financing, he would not have any problem with <br />continuing on with them. <br />Intergovernmental Coordinator Thomas concurred, that he also is <br />happy with Stan Livingood and Arch Roberts and Company, especially <br />because of Mr. Livingood's special expertise in utilities. He noted <br />that if we do not intend to continue with this firm, we should not <br />expect them to do anything further at this point; also, there is a time <br />element to be considered. <br />Commissioner Wodtke discussed the purchase of the existing meters <br />from the City for $58,000, and Engineer Robbins reported that there are <br />800 or so existing vested connections, and the City is going to turn <br />these meters over to the county at a depreciated price which he <br />believed is a reasonable price.' <br />Commissioner Wodtke felt these meters already have been paid far <br />by the people, but Engineer Robbins explained that the meter is not <br />physically owned by a property owner; it is the City's property. The <br />fee is for setting the meter and turning it on, and there is a <br />refundable deposit. <br />_ v M M9 <br />