5/5/1982 - Laserfiche WebLink

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NAY 51982 tank 49 PAGE"56. 0 Commissioner Wodtke brought up Section 7 on Page 6 - Utilities Accounts Receivable - in regard to the seller reading the meters on or about the date of closing, and emphasized that it would be absolutely necessary that the County also read the meters at the same time. Considerable discussion ensued about disposition of the customer utility deposits, and Attorney Brandenburg noted that Ixora Utilities wants to keep the deposits 60 days to protect themselves against unpaid bills. Commissioner Lyons felt if the. County requires a deposit, it is an entirely separate matter from this agreement. Chairman Scurlock agreed this is a very delicate situation, and believed if there is too much publicity about transfer of the systeml-you then encourage people not to pay their bills. Attorney Brandenburg stated that he did not feel it would be wise for the County to buy the accounts receivable and be responsible for collecting Ixora's bills. On the other hand, Ixora did not wish to walk away from those bills and wanted to keep the deposits as a protection. Lengthy discussion continued as to how to handle the utility deposits, and Commissioner Lyons emphasized that we can set a policy with our customers, and he did not feel this should complicate our agreement with Ixora. Chairman Scurlock commented that this was all worked out and he did not believe any other language would be suitable. Question arose as to interest on the deposits, and Attorney Brandenburg explained that the company is required to give an affidavit as to the deposits and the amount of interest they have accrued, and, in addition, they must indemnify the County for any mistakes made in the affidavit. This is set out in Paragraph 9. The Chairman called for the question. It was voted on and carried 4 to 1 with Commissioner Fletcher voting in opposition.