7/13/1993 - Laserfiche WebLink

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JUL 13 lqql ANALYSIS: 1) -7 boa Pm, F1055 Rachlin & Cohen is currently reviewing Indian River County/GDU records to determine the feasibility of this rate increase request. This review will be completed by July 12, 1993, and the results will be presented at a public hearing before the Board of County Commissioners. On June 28, 1993,, GDU submitted a response to correspondence dated June 17, 1993 (both letters attached), in which the Utilities Department requested to hold the required public hearing during the first week of September. In their response, GDU agreed to a public hearing date no later than the last week in August. Within 60 days after the public hearing, the Board of County Commissioners must issue a decision as to whether the rate increase request should be approved or disapproved. RECO-M—MMMATION: The staff of the Department Of Utility Services requests that the County Administrator set a public hearing date of August 24, 1993 (the last available County Commission meeting date in August), in order to meet the 90 -day time frame established in Resolution 83-109. The results of the Rachlin & Cohen study will be presented at this hearing in order to assist the Board in making a decision by September 15,, 1993, whether to approve or disapprove the requested rate increase. The public hearing will be properly advertised in the P-ress-Journal, in accordance with Resolution 83-109. ON MOTION by Commissioner Adams, SECONDED by Commissioner Tippin, the Board unanimously agreed to schedule a public hearing date of August 25, 1993, at 7:00 p.m. on the proposed rate increase of General Development Utilities, Inc. Director Pinto advised that staff is considering the possibility of purchasing the utility, in which case the public hearing on the proposed rate increase would be cancelled. WATER SERVICE TO 102ND TERRACE AND 99TH WAY - RESOLUTIONS I AND II The Board reviewed the following memo dated July 6, 1993: 35