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• f <br />i ' <br />INTEROFFICE T/EMORANDUM: 8708-1807 274 <br />• Financial PartTclpatton - Nater/Sewer Policy <br />August 12. 1987 <br />Page 2 <br />industrial development. if the goal is to restrict the <br />County~s involvement to protects such as the Efland <br />protect. .then the proposed financing •method may be <br />incorrect. The Finance Director needs to be present to <br />address this concern. <br />A general question - Does the reference to "full faith <br />and backing" refer to the County backing bonds issued <br />for water/sewer line extenslonsY <br />5. Section (6)td) - The <br />acquisitions" can have dtffe <br />acquisition through eminent <br />will depend on the type of <br />protect such as the Efland <br />of eminent domain. <br />reference tv "easement <br />rent meaning - voluntary vs. <br />domain. Such acquisitions <br />pro.Ject involved= i.e.. a <br />protect may require the use <br />6. Section t6)(f) - there County funds are repaid for <br />protects outside a service area and title TS granted to <br />the utility provider. conditions may still be attached <br />to the transfer of title. An example is that connections <br />ar uses must be limited in such a manner to be <br />consistent with the Land Use Plan. <br />7. Section t6)th) - Reference to 11nes being sized to serve <br />• existing or anticipated development may not be needed if <br />a policy is adapted on limiting the use of such ITnes. <br />8. Section t7)td) - This SeCttOn may be deleted if a policy <br />is adopted which states that the County will retain <br />ownership of ITnes which it funds. <br />9. .Section (7)(f) - References to "availability fees" vs. <br />"assessments" may. be deleted. One reference may be <br />substituted - "access and availability fees". <br />10.. Section (~7)(g) - The provislon~ which requires that a <br />municipality pay the County share if annexation occurs <br />is another example of a condition which could be <br />• attached to address a transfer of ownership situation. <br />Please, review these commonts for accuracy. A subsequent <br />meeting, with the Finance Director is necessary. A revised <br />version may be presented to the Board at its September 8. <br />1987 meeting. <br />If you have questions, please advise. <br />• <br />