Orange County NC Website
Browse       Search
3 ~ ;~ <br />5 <br />has been Gone. Thompson presentee: a list of issues that need to be <br />addressed. <br />Cor..^issioner ??bitted revier~ed the implications of loan versus <br />investment for the 5136,000 County matching funds needed to round out the <br />construction phase of the project. <br />Commissioner Ilarshall indicated this 513G,DDD should be a loan <br />but the Board must be realistic on how Tong it may twice to pay bac}: the <br />money. <br />Chair ?7illhoit noted he feels the growth in that area tvi11 be <br />_ above•r_istoric trencls, especiGliy with the building of I-n0. Econcr..ic <br />Development needs to be encouraged and incentives proviGed to attract new <br />industry. <br />Commissioner Lloyd e~;pressed concern for the school anc: the <br />general public and o~elfare in that area and would support an appropriation or <br />a subsidy. <br />Commissioner ?•?alker noted his support for tahatever it takes to <br />get the project ofd the ground. <br />_ Commissioner ??hittec? would like to call it either a loan or <br />investment and go with the 17° t•:ho have indicated an interest and brine wry <br />undevelopeG lots in through the tap fee. The County would neecZ to <br />appropriate approximately S7,D00 a year to cover the deficit in the operatins <br />expenses. <br />• Commissioner i'arshall suggested an initial allocation through a <br />revolving fund for the 5136,000. <br />- Chair ?~?illhoit suggested setting up the 5136,OOD as an enterprise <br />fund to be paid b`ck through future tap fees. FIe noted that further <br />information is still needed: <br />(1) a signed application for service; <br />(2) tap fee set by the County, ana <br />(3) determine.tion of an alternate bid to determine if the 1~~ <br />homes can be put or. the system without any additional cost <br />to the County. <br />*Iotion taws made by Commissioner ?°?all:er to approve the 5136,D00 as <br />ar. appronriatior. with payback through an enterprise fund by future County tap <br />fees of 51,000 with airs to be received for 179 and an alternate bid to be <br />received for a.n additional 14 homes. <br />P~OTE: THIS Fd(7TIOP1 FAxLED FOR LAC:: OF A SECOPID. <br />After extensive discussion it was ciecidee that the monthly bill <br />for the resident be cased on the rate structure as ~~roposed in the past and <br />be based on 179 actual customers and that the County would pay for the <br />difference between the amount that the 179 - up to 212 - would pay until nets <br />customers are added onto the system and the total operatins, cost. If the <br />--= number drops belot~~ the 179, further action from the Board would need to be <br />considered. <br />It t•~as screed that the County tanager, County Attorney, Director <br />o= Finance and the Clerl: to the Basra would meet and prepare a proposal that <br />includes the items discussed and submit this proposal to the Board on <br />November 20 far consie:eration. <br />. 141. y T ? ('~ T'~` iJ~ r p C` A, F <br />P•Iotion t•;as made by Com~r.issioner I3arshall, seconczed av Chair <br />?~?illhoit to proceed with the repairs for the Efland Cheelcs i?ultipurpose <br />Center as outlir:ed ay t;-e County 12anager. <br />V()TF,v ?1P~ATT_T?~I7Tlfi- <br />