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r <br />NOV 91983 <br />,mac 5 2� <br />Mr. Pinto felt all that we really need is a rate with <br />county water and a rate without it. <br />Mr. Fancher informed the Board that he has worked out <br />the total revenue required in both instances. The revenue <br />required for purchase of water from the county would be <br />$775,000 while for plant expansion, it would be $870,000. <br />This is a projection several years out and does not take <br />into account new contributions because it depends on the <br />total number of customers; it is based on approximately 1600 <br />total connections. <br />Discussion ensued as bringing this back before the <br />Board at the first meeting in December, and Mr. Fancher <br />expressed concern about the need for an earlier meeting. <br />because of deadlines on the revenue bond issue <br />Administrator Wright believed staff can move on this <br />fairly fast and noted that even if the bonds are validated <br />next week, there is a 30 day appeal period. <br />ON MOTION by Commissioner Scurlock, SECONDED <br />by Commissioner Lyons, the Board unanimously <br />authorized staff to work out an appropriate <br />time schedule for GDU to bring the desired <br />information back to the Board and set the <br />appropriate hearing dates. <br />GENERAL DEVELOPMENT UTILITIES - FRANCHISE AMENDMENTS <br />The hour of 7:30 o'clock P.M. having passed, the Deputy <br />Clerk read the following Notice with Proof of Publication <br />attached, to -wit: <br />42 <br />