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Attorney Vitunac felt there is no problem with giving them the credit now with the understanding that we will buy the credit back with cash as soon as Director Davis gets the cash. He pointed out that the Board can make him get the cash as soon as possible. Commissioner Scurlock asked if we would be paying interest on the $27,000, and Attorney Henderson advised that OMB Director Joe Baird had indicated that the County could pay the average investment rate. Commissioner Scurlock still maintained that it is not right, that it would be an extraction, but Attorney Vitunac felt it would be okay if the developer agrees. Commissioner Scurlock didn't wonder that he would agree, since it would be like we were holding a gun to his head. He believed it would be wrong, and since we --.have gotten into trouble in the past in these matters, he wanted to stop doing it. Director Davis explained that we have some funds in the District 6 Traffic Impact Fee Fund, but they are set aside for construction. We don't know what the revenues will be next year, and we don't want to put ourselves in a tight cash flow where we are simply buying right-of-way and cannot build an improvement. Director Davis advised that Attorney Henderson didn't get back to us about the cash payment until after the staff recommendation was prepared. Personally, he would prefer that the impact fee credit arrangement run with the land. Attorney Henderson advised that Phase II, is scheduled to be built in two years, but Commissioner Scurlock pointed out that the second phase of many projects were never built in this county. He believed if we are going to take a man's property and don't have the money to pay for it, we should borrow it and pay the man what we owe him. Director Davis confirmed that we could borrow the money from the gas tax revenues. C 11 199® 131 U