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_, It was decided that the two Boards would convene again after the Planning Boards met and that the two managers will meet and give direction to their Planning Boards and also meet to discuss other aspects of the proposed reservoir, i.e. funding sources. In response to a concern of Mayor Cates about the County's involvement in the reservoir, Commissioner Hartwell stated that the County is the one that looked in detail at various alternatives. The County is the one that already owns 160 acres. The County is the one that confronted the issue of how to raise the money and has passed a bond issue for the specific purpose of acquiring land. He believes that, independent of any other decisions the Commissioners can reach a decision very quickly -- within the next few weeks -- about where the best location is and then move forward. The County is the one that has the tools -- the money -- to begin acquiring land. The next step is to determine how to pay for the reservoir. This possibly could be done with the cooperation of Hillsborough but possibly that may not work out. If the working relationship between the County and the Town improves, the County may see that.Hillsborough has already done some calculations about how the rest of it will be paid and the County will agree and work out a way to build and finance the reservoir. He emphasized that the relationship with regards to the reservoir depends upon the cooperation between the Town and the County and how much everyone understands about each others plans. This working relationship will take some time to develop but should not stand in the way of reaching a decision on the reservoir site. Chairman Carey stated that although there is apprehension on both Boards, the purpose of this meeting is to start and develop some mutual understanding and move ahead with this relationship. There are many stumbling blocks that need to be worked out. Moses Carey, Jr., Chair Beverly A. Blythe, Clerk