Orange County NC Website
• <br /> • <br /> • <br /> • <br /> INTEROFFICE MEMORANDUM: 8603-502 . <br /> March 25, 1986 Public Hearing Notice <br /> March 19, 1986 <br /> Page z <br /> a. Surcharge on customer rates <br /> b. Water rates coupled with tap on fees <br /> c. Bonds <br /> 10. What is each jurisdiction's capacity to pay debt <br /> service on bonds, given the current and projected <br /> customer base? <br /> 11. How much bonded-debt already exists in relation to <br /> each jurisdiction's debt limit? <br /> 12. Have capital reserve funds already been established <br /> to pay for future construction? <br /> • 13. How shall we organize ourselves to study and decide <br /> these questions? <br /> 14. How much engineering assistance will be necessary? <br /> 15. What would be an equitable percentage for each to <br /> contribute for the payment of engineering services? <br /> Obviously we will not be able to answer all of these <br /> questions at the hearing but we can begin a discussion of <br /> whether we are willing to work on this together and what <br /> strategy ought to be employed. Under separate cover, I have <br /> asked for information that will begin the development of a <br /> data base. <br /> The Board of Commissioners solicits your ideas both at <br /> the hearing and over the ensuing months. It will be a <br /> challenging undertaking for all. <br /> 4„/ANtr-1--__ <br /> Kenneth R. Thompson <br /> County Manager <br /> KRT/srs <br /> cc: Board Members <br /> John Wray, N. C. Department of Natural Resources and <br /> Community Development <br /> Enclosure <br />