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RELEASE OF FIVE SR 60 WATER ASSESSMENT LIENS <br />BOOK 58 F�.H, 692 <br />Attorney Brandenburg explained that these releases are to <br />remove liens which were placed for the revenue bonds for <br />extension of the water line out SR 60. He confirmed that the <br />releases are in satisfactory form and recommended they be <br />executed. <br />Commissioner Bird inquired about interest, noting that in <br />the liens it says "plus 10%". Attorney Brandenburg explained <br />that the interest on the bonds.was capitalized for a certain <br />period so there actually has been no interest to date. <br />Commissioner Bird asked if we are due any interest that we <br />are not getting, and Attorney Brandenburg stated that is some- <br />thing we have to be very careful about as as we go along and we <br />will be keeping an eye on it. <br />ON MOTION by Commissioner Bowman, SECONDED <br />by Commissioner Lyons, the Board unanimously <br />approved Release of Assessment Lien against <br />the following properties and authorized the <br />signature of the Chairman: <br />Pine Creek Condominium I <br />Condominium <br />Apartment <br />#101 <br />- Frank & <br />Judith Sherako <br />Condominium <br />Apartment <br />#103 <br />- Dorothy <br />Talbert <br />Condominium <br />Apartment <br />#105 <br />- Francis <br />& Ann Casano, Sr. <br />Condominium <br />Apartment <br />#201 <br />- Francis <br />& Cheryl Casano, Jr. <br />Condominium Apartment #203 - Frank & Judith Sherako <br />(Said Release of Liens have been recorded and copies are on <br />file in the Office of the Clerk.) <br />DISCUSSION RE SITUATION AT BLUE CYPRESS LAKE FISH CAMP <br />Attorney Brandenburg reported that the situation at Blue <br />Cypress has become controversial. <br />56 <br />Everyone agrees it is a bad <br />