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TO: <br />THRU: <br />FROM: <br />SUBJECT: <br />BOARD OF COUNTYCO SS,TONERS DATE: APRIL 15, 1986 <br />TERRANCE G. PINT /! <br />DIRECTOR, UTILI AV S <br />JEFFREY K. BARTON, ASSISTANT DIRECTOR UTILITY SERVICES <br />ESCROW DEPOSITS TOWARDS IMPACT FEES FOR UTILITY FRANCHISE HOLDERS <br />DESCRIPTION AND CONDITIONS <br />A section of our utility franchise requires the holder or developer within <br />that franchise to deposit with the County into the General Escrow Account <br />the amount of impact fees required for future connection to the County <br />systems. As the franchises are currently written the deposit to the escrow <br />is due when a certificate of occupancy is issued on a building or unit. The <br />utility staff has been in the process of auditing the requirements of our: -- <br />franchises and have found where several franchises are delinquent with the <br />depositing of these monies. A certified letter has been sent to each of the <br />franchise holders -requesting deposit to -the escrow account. The total <br />delinquencies of the franbhise holders is $609,900.44. (Copies of letters. <br />attached) Provided to the County Commissioners under separate cover are <br />complete copies of the franchise agreements' -that corresponds to the above <br />mentioned delinquencies. <br />RECOMMENDATION <br />Staff recommends the following actions be considered by the County Commission- <br />ers: <br />1) Change requirements that deposits to the general escrow account be <br />changed to time of building permit issue instead of current <br />certificate of occupancy. <br />2) Require all delinquent franchise holders to: <br />A) Pay at once all due escrow amounts under County <br />Ordinance 80-21; 80-22; and 84-18 or all amounts <br />due under those Ordinances will be escalated to <br />the current County Ordinance 85-3 <br />B) File a plan of action showing the date and amount <br />due under Ordinance 85-3 to be paid within 60 days <br />for commission approval along with an unrevocable <br />letter of credit for the amount due under Ordinance <br />85-3 with the understanding if the plan of action <br />is not followed the County will call the letter of <br />credit. <br />3) Require the franchise holders to continue to pay into the escrow <br />account on all new units built while the plan under item number <br />2 is being worked out. <br />75 <br />SAY 7 1986 BOOK Pm 361 <br />