4/7/1987 - Laserfiche WebLink

Home Browse Search

Commissioner Eggert stated that she has a lot of problems with the changes in the replacement contracts given the Board, especially with the 30 day delay between the payment for the 150 ERUs and the arrival of the Letter of Credit and also with the fact that they refer to timetables for construction, which she has not seen and could not get hold of, nor is their any cash flow analysis. She just felt with these changes we are treating this differently than we have treated others i -n the county. Chairman Scurlock had some of the same questions, but he did not feel we are necessarily treating them differently because he did not feel we have had the same situation. He advised that he, the County Attorney, and the County Administrator all signed off on the agreement that appears in the agenda backup material, but he believed there is some misunderstanding about Paragraph 1. (d) because there was no discussion with Mr. Schaub in regard to a 30 day delay for presentation of the required irrevocable letter of credit and also the entire letter of credit would be for the 1.8 million. There would be $600,000 put up in cash. He confirmed that there was supposed to be a construction schedule that would be in line with the need for the money, and he has not seen this as yet. ON MOTION by Commissioner Eggert, SECONDED by Com- missioner Wheeler, the Board unanimously tabled action on the Grand Harbor Developer's Agreement for one week to be studied by staff and until we get the timetables and the cash flow analysis. Discussion continued, and Attorney Henderson representing Grand Harbor stated that they can wait a week, but just barely. Commissioner Eggert noted that under the agreement for delivery and use of reclaimed irrigation water, there is an addition after one million gpd "or lesser amount as may be permitted by the DER," and she would like to know any 87 AP . � BOOK. 60 864