11/28/1989 - Laserfiche WebLink

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NOV d99 r L-� BOOK ..�; FA L483 system either to take over in terms of ownership or at least take over the operation of all of the existing or proposed plants accompanying the various schools throughout the county. This was confirmed by Director Pinto. Commissioner Scurlock felt it is important to put on the record just where we started out and where we are going. He stressed that Mr. Alexander of the DER complimented us on the forward approach we are taking with our utility system and what we have done already to work towards providing for the health, welfare and safety of those in the county and those moving into various projects in the county. Commissioner Scurlock com- plimented staff on their efforts in this direction and felt the Commission also should be commended on giving the direction to move forward aggressively and take the chances and use the creativity to try to acquire these systems so we can protect our environment. Director Pinto expressed his appreciation of those remarks and commented that he has attended various seminars on methods of purchasing utilities and establishing values of utilities; in fact, he is considered to be somewhat of an expert in these things, and he would say that by far Indian River County is a leader not only in the acquisition of the small utilities, but also in the value of the utilities we receive compared to what we pay for them. Commissioner Scurlock asked if it is true that in every case the acquisition price the county has paid for these utilities has been less than the actual acquisition provision within the franchise agreement and that it always has been less than the replacement cost or the original cost depreciated. Director Pinto confirmed that statement and added that our acquisition price always has been less than in any similar type of negotiations he has seen anywhere else in the state of Florida. 26