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<br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />L <br />I <br />I <br /> <br />5 <br /> <br />flood control projects and the administrative mechanism by <br /> <br />which you can recover the funds for the benefits that they <br /> <br />derive is simply done through ad valorem taxation. Those <br /> <br />were the two major reasons that I took into account in <br /> <br />arriving at that conclusion. That was the staff's <br /> <br />recommendation. <br /> <br />CHAIRMAN STAPLETON: All right. Before we have <br /> <br />some of those comments of the Board Members that would like <br /> <br />to be heard, do any Members of the Board have any comments? <br /> <br />John Fetcher? <br /> <br />MR. FETCHER: What would your policy be in the <br /> <br />case of a project that has different uses? I mean, I can <br /> <br />think of projects that would,have recreation, agricultural, <br /> <br />and in industrial uses. How do you propose to set a service <br /> <br />charge? <br /> <br />MR. McDONALD: Well, I think that is perhaps the <br /> <br />second question and agenda item number 3. Would you like to <br /> <br />discuss them as one item? Is that what you're saying, John? <br /> <br />MR. FETCHER: I see what you mean. It's the <br /> <br />third item. Whatever you say. <br /> <br />CHAIRMAN STAPLETON: Maybe we can get the <br /> <br />reimbursement thing and then go into the fee structure again. <br /> <br />I think it's the staff's position that all these things <br /> <br />CHARLINE K. SCOGGIN <br /> <br />CERTIFIED SHORTHAND REPORTER <br />2455 UNIVERSITY HEIGHTS AVENUE <br />BOULDER. COLORADO 60302 <br />