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The Administrator noted that, needless to say, we are <br />disappointed with the results we have seen on this particular <br />study, but we have received the following letter from CH2M Hill, <br />and we have confidence that they will do everything necessary to <br />get us a good quality product within the 3 -week time frame. <br />Engineers <br />Planners <br />♦ Economists <br />Scientists <br />August 28, 1991 128Zy30�j <br />SEF10.20 AUG 1991 <br />ADMINISTRATOR'S <br />N <br />N OFFICE <br />Mr. Jim Chandler <br />County Administrator <br />Indian River County <br />1840 25th Street <br />Vero Beach, FL 32960 <br />Dear Mr. Chandler: <br />Subject: Letter of Understanding to Undertake Independent Evaluation and <br />Update of Fee and Rate Study <br />We appreciated the opportunity to meet with you, Terry Pinto, and Joe Baird on <br />August 27. We feel that we gained a sound understanding of your concerns and we <br />want to confirm to you that we are committed to addressing them promptly. <br />In accordance with our discussions, we are proposing to conduct the following tasks: <br />1: Review Fiscal Year 1991 revenue and expense estimates and 1992 budget data, <br />and update our revenue and expense assumptions to conform with Fiscal Year <br />1992 data. <br />2. Review the capital expenditure .information used in developing the impact fees <br />and confirm consistency of cost figures with the master plan and other capital <br />improvement programs. <br />3. Evaluate the calculations and data used in the fee and rate study and identify <br />any aspects of the analysis that warrant revision or which would materially <br />affect the adequacy of the fees and rates to meet the County's revenue <br />requirements in Fiscal Years 1992 and 1993. <br />4. Prepare a technical memorandum summarizing the results of the independent - <br />evaluation and update analysis, addressing changes in assumptions between the <br />March 1991 fee and rate study report and this. analysis and the adequacy and <br />appropriateness of the rates recommended in the March 1991 fee and rate study. <br />5. Present the results of the evaluation and update to you and your staff. <br />CH2M HILL Southeast Florida Office Hillsboro Executive Center North. 800 Fairway Drive, Suite . <br />.4264008 <br />Deerfield Beach, Florida 33441 350 305 <br />,, 405.426.4008 <br />SEP 3 1991 15 BOOK 4- <br />