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M <br />Administrator Wright noted that this a unique situation; <br />usually you borrow the money first and then collect the impact <br />fees to pay back the borrowed money. We are just the opposite - <br />we are getting money in advance of the need so that when we need <br />the expansion, we pay cash and it stabilizes rates. <br />C. Wholesale Agreement with General Development Utilities Corp. <br />Director Pinto reported that GDC has submitted what he <br />believed would be the last part of their agreement in regard to <br />our wholesaling them water from our treatment plant. They <br />will take about 1/4 million gallon capacity and have paid their <br />impact fees based on 1,100 units. Their base facility charge <br />will start as soon as the line is built. The water line is <br />designed and we have discussed the route, particularly through <br />the Oslo area. Originally, it was proposed to go down the street <br />the school is on, but staff thought it best not to because there <br />is an 8" water line down one side of 18th Street already, and to <br />run a 16" line down the other side would restrict future utility <br />growth on that street; therefore, it will be either 19th or 20th <br />St, most probably 20th. It was first proposed to build a major <br />line down Dixie Highway and at some point in the future, when <br />they saw a demand, GDC would build the line at the back part of <br />Oslo; now they are proposing to build both lines immediately as <br />they feel they have the demand, and the construction cost to do <br />both at the same time would be more favorable. <br />Commissioner Wodtke asked if GDC discarded the idea of going <br />down Old Dixie, and Director Pinto explained that they are going <br />to extend the line from Oslo Road down Old Dixie connecting to <br />the front part of their development and also build a loop into <br />the back. We will have access to the line. One of the things <br />negotiated was sizing of the line, and staff is recommending is <br />that the line be sized specifically to meet GDC's demands, which <br />means we will not have to participate in the cost. When we want <br />to utilize the line to extend water into Oslo and into whatever <br />development is taking place along Dixie Highway, one developer <br />13 <br />J A N 3 0 1985 BOOK ;9 <br />