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FF' <br />AUG 7 1995 13ooK 61 F'A.cE 735 <br />that he will be charging his tenants a monthly fee for water in <br />addition to their rent and he will use that money to pay off the <br />water bill. <br />Vice Chairman Scurlock asked if the appraisal of the value <br />of the property indicates that it is not being over financed, and <br />Attorney Vitunac reported that the appraisal by D. H. Prior & <br />Associates from Boca Raton, shows the market value to be <br />$1,400,000 as of May 30, 1985. The first mortgage from Cal -Fed <br />would be about $1,050,00 and with the County's mortgage of <br />$132,000, the property would be mortgaged for approximately $1.2 <br />million. <br />Administrator Wright pointed out that even if the mobile <br />home park went defunct and all the mobile homes were removed, the <br />County would get back the entire 100 taps. <br />Vice Chairman Scurlock asked why the tenants are paying for <br />permanent capital improvements to Mr. McGavin's property, and <br />Utilities Director Terry Pinto explained that there are various <br />specific items that an owner is allowed to pass through under the <br />mobile home laws with respect to rent regulations. <br />Vice Chairman Scurlock anticipated that many irate renters <br />would be coming in objecting to the higher rents because they do <br />not understand these laws. <br />Director Pinto advised that the ordinance is very specific <br />and states that if there are existing units and there is a <br />hardship for payment, the County has the ability to allow the <br />impact fees to be paid off over a period of five years. <br />Normally, the County does not hold a mortgage on these <br />properties, but the Board has the ability to lien with or without <br />the ordinance. There are cases where there is no room in a <br />mortgage <br />to <br />lien, <br />such as when <br />an owner <br />of a single family <br />home <br />comes in <br />and <br />shows <br />a hardship <br />in that he <br />can't get one more <br />cent <br />out of his house and does not have any other source for obtaining <br />money to pay for the impact fee. <br />31 <br />