Laserfiche WebLink
M. AMEMPTIGA <br />I, <br />BOOK. 66 p,r rr <br />and has one condition for the approval of this transfer, i.e., <br />Riverwalk Associates, Inc., and the County Utility Staff requests that <br />the transfer of ownership be contingent upon the closing of the sale <br />of the Riverwalk Shopping Center. <br />Utility staff stress the fact that County water and wastewater service <br />will be available to the Riverwalk franchise in the near future. <br />----Section XVI, Escrow Charges, Item 4., Page 11, of Franchise Resolution <br />85-17, attached hereto, states, "Should the County at any time provide <br />a water distribution system and/or wastewater collection system and <br />furnish water and/or wastewater services to individual customers <br />within the franchise territory, the sums of money remaining in said <br />account, (escrow impact fee and renewal and replacement account), <br />shall become the absolute property of the County and the Utility shall <br />be absolved from the obligation of payment of further connection <br />charges to the County and this franchise shall terminate." At such <br />time, the Utility will receive a 30 day written notice to disband, at <br />their expense, the water and/or wastewater facilities and connect to <br />the County system. <br />Utility staff realizes the length and conditions of each request and <br />asks the Board of County Commissioners to approve the expansion of the <br />franchise territory and the change in ownership with these conditions <br />as outlined above. <br />Chairman Scurlock inquired why the change of ownership is <br />being addressed contingent on the sale, and Utilities Director <br />Pinto explained that the people won't buy the franchise unless <br />they know it can be transferred. <br />The Chairman emphasized the fact that when the county <br />provides service to the area, the franchise will go out of <br />business. <br />The Chairman asked if anyone present wished to be heard <br />either regarding the change of ownership or expansion of the <br />franchise area. There were none. <br />ON MOTION by Commissioner Eggert, SECONDED by Com- <br />missioner Bowman, the Board unanimously closed the <br />public hearing. <br />ON MOTION by Commissioner Eggert, SECONDED by Com- <br />missioner Bowman, the Board unanimously adopted <br />Resolution 86-105 approving change of ownership of <br />Riverwalk Utilities, Inc. and Resolution 86-106 <br />granting expansion of the franchise territory,.both <br />42 <br />