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NOK PAR <br />APR 14 1982 <br />Sverdrup 6. r4 rce! <br />and. Associates, !-Ic <br />lf. I 3885 2011.) SOW <br />Slate 4 <br />%ew Petr 4. Hnritlt 3"91.0 <br />sir.., G;,-: 03 <br />Enyinvers <br />Architects <br />Planners <br />April 7, 1982 <br />MEMORANDUM FOR RECORD <br />TO: David L. Greene <br />FROM: John A. Robbin <br />SU'BJECT:, FmHA Loan Application for Purchase <br />of Treasure Coast/Ixora Utilities <br />Engineer's Project No. 6674 <br />On Thursday, April 1, 1982, we received a telephone call from Mr. Tom Brown <br />of Farmers Home Administration (FmHA) in Gainesville, Florida. Mr. Brown <br />had called to indicate, per his records, Indian River County had remaining <br />$484,000 of water monies. The primary basis for the telephone conversation <br />was to find out if Indian River County wanted to incorporate this additional <br />loan money into the loan application submitted earlier this year. At that <br />time, we indicated it would be necessary to discuss this matter with Indian <br />River County prior to authorizing FmHA'to incorporate the additional monies. <br />That same afternoon, we spoke with Mr. David L. Greene, Mr. Gary M. Brandenburg, <br />Mr. Patrick B. Lyons and Mr. Don C. Scurlock, Jr. and advised them of this new <br />condition. The general consensus was to request FmHA to incorporate additional <br />monies into the loan application and make the inclusion contingent upon approval <br />of the Board of County Commissioners at their next scheduled meeting which is <br />April 7, 1982. <br />The following day, Friday, April 2, 1982, we received another telephone call <br />from Mr. Tom Brown with FmHA in Gainesville, Florida. Mr. Brown indicated <br />Indian River County had remaining $484,000 additional water monies, however, <br />they had not taken into account the request for a $426,000 loan to cover the <br />shortfall of the Phase I South County Water System. Utilizing the remain ng <br />monies and subtracting the $426,000 request for shortfall left $58,000 in <br />water monies. <br />On Friday, April 2, 1982, we advised the County Administration of the reduction <br />in obligated monies. This Memorandum will serve to notify those who were <br />informed on Thursday, <br />of the $58,000 in the <br />Letter of Conditions. <br />April 1, 1982. It should be further noted the inclusion <br />loan application should not delay the issuance of the <br />M - — <br />