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Chairman Scurlock further clarified that, in other words, <br />the developer was buying them water because the impact of his <br />wastewater system would have made their wells unusable. <br />Director Pinto continued to explain that there was a <br />description of those individual properties in our assessment; so, <br />we went ahead -and assessed those homes individually for a <br />connection fee. They don't want the water at this point, and we <br />are saying take it off the books. When water comes, they will <br />come in and pay us for it. We will take this money out of impact <br />fees and put it in the bond funds to cover the bonds. <br />Commissioner Lyons asked where the money is - he felt it <br />actually doesn't exist. <br />Director Pinto explained that we borrowed the money for <br />something that is not going to happen, and Chairman Scurlock <br />noted that we end up with 27 taps that are not used; we are <br />taking them back, and they are now available for someone else to <br />reserve - actually the money is fictitious at this point. <br />Director Pinto assured the Board that we will come out <br />ahead. <br />ON MOTION by Commissioner Wodtke, SECONDED by <br />Commissioner Lyons, the Board unanimously author- <br />ized the release of the 27 ERUs, execution of the <br />Release of Assessment Lien for Westgate Colony <br />Subdivision, and transfer of $30,365.55 from the <br />Impact Fee Account to the Assessment Roll Account <br />as recommended by staff. <br />49 <br />RON <br />63 rm 617 <br />