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r FEB 16 193 <br />RECOMMENDATIONS: <br />(Continued) <br />2) That the Certificate of Dedication on the plat be amended to <br />state that streets, easements and rights-of-way be dedicated to <br />the public. <br />3) That the Engineer sign and seal the final plat simultaneous with <br />the Board's consideration and granting of Final Plat approval. <br />Commissioner Scurlock brought up the question of paying <br />interest on these funds placed in escrow and felt this must <br />be decided on at the time the bonds are accepted. Adminis- <br />trator Wright suggested that we go with a passbook account <br />in this particular case. <br />Commissioner Scurlock questioned whether interest <br />incurred on such bonds would go into the General Fund or to <br />the Community Development Department to cover -costs of <br />services rendered. Attorney Brandenburg advised that the <br />interest incurred is treated as unanticipated revenue and <br />must go into the General Fund. <br />Commissioner Scurlock questioned treating these funds <br />in this manner and suggested that, in our next budgetary <br />session, we begin budgeting an anticipated revenue account. <br />It was agreed this could be done. <br />Commissioner Wodtke did not feel we should pay any <br />interest on the bond in this case because the applicant is <br />Putting up the bond for the privilege of getting final plat <br />approval before grass seed is planted and signs installed. <br />Administrator Wright agreed the applicant is gaining a <br />benefit and also felt that any amounts escrowed for less <br />than 90 days should not be paid any interest. <br />Considerable discussion followed when Commissioner <br />Lyons expressed his concern about the difference between the <br />current zoning of R-1, which allows a density of 6 units per <br />30 <br />