9/29/1987 - Laserfiche WebLink

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SEP 2 9 607 BOOK 69 PAGE 56 7 TO: Board of County Commissioners C- "R ) 0—& � FROM: Charles P. Vitunac, County Attorney DATE: September 23, 1987 RE: BENT PINE CLOSING SPECIAL B.C.C. MEETING SEPTEMBER 29, 1987 Bent Pine Utility Company has obtained a title commitment such that the closing of the utility system can occur on - Wednesday, September 30, 1987. This will allow Indian,River County to own and operate the system effective October 1, 1987. Because of the expedited closing, it is necessary to adopt the attached ordinance on an emergency basis so that the County can collect the same $1,500 special impact fees which the Board authorized several weeks ago at the execution of the contract. Attorney Vitunac noted that the Board has entered into a contract to purchase Bent Pine Utility, and we have had a closing in escrow, but the utility is still owned by Bent Pine. They have been authorized to collect a special impact fee of between $1200-1500 per unit, and when the county takes over the system, we want the same right to collect that fee. This is the public hearing to allow our rates to go up that same amount; a public hearing already was held to allow Bent Pine to collect this, and we discussed all the facts at that time. The emergency basis of this item was that it was suggested by Bent Pine that the closing be tomorrow morning; since then, however, we have had a call that they won't make it until next week. Chairman Scurlock's question was whether the impact fee was to be $1200 or $1500, and Commissioner Eggert also wished to know _ = why $1500 has been quoted in the proposed contract when it was -_ -_ supposed to be $1250 unless they could prove it should be $1500. Attorney Vitunac advised that Bent Pine has submitted justification by Federal Express for over $3,000 per connection, but we capped the fee at $1500. 14 If