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r <br />SEP <br />BOOK 69 ; PAGE -315 <br />MOTION WAS MADE by Commissioner Wheeler, SECONDED by <br />Commissioner Eggert, that the Board authorize the <br />execution of the purchase agreement and the collection <br />by Bent Pines of the increased impact fees until the <br />County closes on the purchase of the Bent Pine Utility <br />Company. <br />Commissioner Eggert understood then that the exact sale <br />price and the exact impact fee will be determined at the time of <br />closing, and Attorney Vitunac advised that at the time of <br />closing, the County will pay $270,000 and will escrow the <br />difference, up to $300,000, awaiting the appraisal which may take <br />90 days or even longer. By the time of closing, Director Pinto <br />will have determined whether or not they have justified the $1500 <br />for connection. <br />THE CHAIRMAN CALLED FOR THE QUESTION. The Motion <br />was voted on and carried unanimously (4-0). <br />Attorney Vitunac anticipated that the closing will take <br />place on November 1st or sooner. We have to do the appraisal <br />title work, appraisal, and pass an ordinance adopting our own <br />$1500 fee. However, Bent Pines will be collecting $1500 from <br />anyone who connects up until the time of closing. <br />54 <br />