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J U L 7 1982 Bev 50, PAU x.56 <br />Attorney Brandenburg explained that the option he is <br />referring to had expired, and Florida Land Company owns the <br />River Bend property. He added that two of the participants <br />own land where the plant site will be located. <br />John Morrison reiterated that the cart was before the <br />horse in this regard; he felt the Board should be demanding <br />ce'rtain information be answered before a vote was taken. <br />William Koolage, interested citizen, wondered if the <br />Finance Department had reviewed the matter of the letters of <br />credit. <br />Lengthy discussion ensued about the adequacy of the <br />water supply and the testing program that will determine the <br />availability of water. <br />Mr. Frazee pointed out that a franchise is worthless <br />without water to pump through the lines. <br />Commissioner Wodtke explained that the franchise was <br />extremely important to have so that the boundaries could be <br />determined, then the ultimate needs could be investigated at <br />one time, rather than having individual people trying to put <br />in wells. <br />Tom Tessier, of Geraghty & Miller, stated that what Mr. <br />Morrison had pointed out was basically correct, but they <br />have assurances from the District that they will look <br />critically at the application. He cautioned the County to <br />be adequately protected that if it does issue this <br />franchise, it does not find itself caught in a situation <br />that it can be used as a lever against the St. Johns <br />District. <br />Commissioner Lyons referred to Mr. Tessier's comment <br />about putting pressure on the St. Johns District - the <br />County was not in that position, he felt. <br />Mr. Frazee stated that whether the Board issues this <br />franchise or not, if the District does not see the water <br />there, they will deny it. In other words, the franchise is <br />not going to force the issue - the St. Johns District is <br />