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told the impact fee would be a 5 year financing and the <br />construction costs would be financed over 10 years at 10 over <br />prime. <br />Mrs. Mary Askew confirmed that they were given that informa- <br />tion by Jeff Boone of the Utilities Department before they signed <br />the petition. <br />Chairman Scurlock advised that 5 years is our standard type <br />plan. but we have done some special assessments for our larger <br />projects. <br />Utilities Director Pinto reported that staff has looked at <br />about 9 different options regarding placing water and trying to <br />bring the cost of the project down, but even including the whole <br />area, there isn't any substantial difference in the cost per <br />unit. He did feel we will be doing the rest of the area in the <br />near future. As to the numbers just quoted by the gentleman, the <br />construction cost is very close to what was originally estimated <br />several years ago, but what was omitted and not told was that <br />along with that is the impact fee which pays for the capacity in <br />the treatment plant itself and the major transmission lines, for <br />which omission he apologizes. <br />Chairman Scurlock gave the example of his neighborhood <br />assessment, which was $1,900 and the impact fee was $1,140, or <br />about $3,400 and noted there are about 50 people in his <br />neighborhood. <br />Mrs. Askew repeated that they spoke with Jeff Boone and were <br />specifically told that the $2500 included the .impact fee; he also <br />said 5 years on the impact fee and 10 on the construction cost at <br />10 over prime - they were misled. <br />D.irector.Pinto informed Mrs. Askew that Mr. Boone was a <br />former employee of the Utilities Department, but regardless of <br />what Mr Boone said, it was wrong. <br />Mr. and Mrs. Askew stated that they would withdraw their <br />name from the petition asking for water, not because they are not <br />for the water but because of the misrepresentation. <br />J U L 5 1988 39 BOOK .73 179 <br />