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February 19, 1993Board of County Commissioners February 19, 1993 John Drago, City Administrator 55 SE 3rd Avenue Okeechobee, FL 34972 RE: Utility Appraisal Dear John: I would like to express that the County is desirous of and anticipating the formation of a utility authority for the benefit of the entire Okeechobee community. We recognize that this is an extremely important development to the growth and stability of Okeechobee. I have had the opportunity to brief the Commissioners on the discussion we had on Monday, February 15, 1993 relative to the utility appraisal. Be reminded that the majority of the discussions have been between the Chairman and the Mayor, so the Commissioners had to be briefed in total as to the progress and process thus far. There appeared to be one common question that appeared as a result of the briefings. When the appraisal is completed and a dollar value has been determined, how will that dollar value be utilized in the development of the authority? As rumors run rampant, it was determined to be important to have a statement from the City as to the appraisal's purpose, prior to reconsidering the appraisal process. Please respond as quickly as possible so this issue, (the appraisal) can be resolved. Sincerely, vid R'vera Acti Cou ty Administrator DJR: rh Okeechobee County Susan B. Hughes Tommy Close Clif Betts, Jr. District 1 District Z District 3 SEAL'. 1917 304 N.W. 2nd Street, Room 106 OKEECHOBEE, FLORIDA 34972 (813) 763 -6441 Fax 763 -9529 Stephen Porter Charles W. Harvey District 4 District 5 County Administrator