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Director Baird did not want to limit it to commercial accounts because we would have an advance cash deposit. We would allow an individual or firm to play golf until they reach their deposit of $200, for instance. We will have a deposit, and we will monitor it. Administrator Balczun preferred to have these accounts called "advance deposit" accounts instead of "charge accounts", because of the federal and state regulations regarding charge accounts, and Commissioner Wheeler also wished to see them called something else. Commissioner Bird felt that we should keep it on a cash basis, and wished to see it used very discreetly by larger business firms only. Ed Fry, Finance Director, did not feel there would be a need to charge interest because there probably would not be anyone overdue since we would have the deposits on hand. He asked if the Legal Dept. would take a look at whether we have to pay interest on the deposits we have at present. Director Baird advised that at present the County does not pay interest on any other deposits, and Assistant County Attorney Bill Collins explained that essentially a contract is a mutual understanding between parties and the parties can negotiate their own terms. If one party does not wish to pay interest, then the other party must accept that before they enter into an agreement. Commissioner Bowman believed these accounts would end up costing the County money, and suggested that we have a service charge. Commissioner Bird felt we should try it and have staff monitor it, -and then if it gets to be a cumbersome situation, consider a service charge. Director Fry wished to.have the flexibility to work with Director Baird and Bob Komarinetz at the golf course in establishing this system on the Clerk's computer and work out any details. 14 BOOK 73 FAG[ .61 JUN 2 11988'