11/28/1989 - Laserfiche WebLink

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Commissioner Scurlock explained that one of the reasons he wanted to make these comments for the record is because of the critical remarks he read in the newspaper recently that were made by Sue Thompson, who happens to be Vice Chairman of the Democratic Party in this community, when she has not asked for or read any of the documentation and actually does not know any of the facts about our financing of the acquisition of utilities. She was quoted as a resident expert when actually she was comparing our bond issue to rated insured issues instead of unrated junk bonds - actually, this is the first issue of this type ever done this way. Commissioner Bowman believed we have made fine progress so far, but felt that we still have a very long way to go. Commissioner Scurlock noted that in 1980 we had almost no utility customers and now we have over 12,000, and with the new acquisitions, another 6,000. The Chairman asked if anyone present wished to be heard. Clarence Kimball of 5765 Pelican Pointe Drive, wished to know if the entrance fee has been paid by the developer to connect into the sewer when the time comes. Commissioner Scurlock advised that the impact fees have been paid for each ERU that presently has a C.O., and Director Pinto confirmed that is the escrow amount of $499,000. Mr. Kimball then wished to know if they still will be using the leach field they have now when they hook up to the main sewer, and Director Pinto advised that we will be taking that out of service. Mr. Kimball was pleased to hear that because it is wet out there, and Commissioner Scurlock suggested that the condo associ- ation look into what the developer is planning to do with that piece of land once the plant is dismantled. The Chairman determined that no one further wished to be heard and thereupon closed the public hearing. 1J89- 27 floor F7 ,r. 4S1