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s <br />J'UN'-1 5 198 �c <br />have to be expanded at that point, and by that time we would <br />be out of debt. <br />Commissioner Scurlock continued that the existing <br />effort to support the Beach Bond issue would be extended for <br />another five year period. If the issue were a larger size, <br />we would have to reconsider the pay out period. <br />Commissioner Lyons felt that this is most encouraging <br />news. <br />Administrator Wright felt that 1/10 of a mill was based <br />on 6 million, and Commissioner Scurlock stated it was 6 - 8 <br />million. <br />Commissioner Scurlock had nothing but praise for the <br />Finance Advisory Committee, and it was agreed that it is a <br />tremendous help to the county to have this kind of expertise <br />available. <br />B. Refund 1980 and 1981 Revenue Bond Issues <br />Commissioner Scurlock next reviewed the following memo: <br />A, <br />W <br />